Archives for June 26, 2018

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Bananamilk... the next big thing in plant-based dairy?

By Elaine Watson

The plant-based milk segment was already pretty crowded by the time Jeff Richards quit the day job to launch Mooala in 2016. But the fact that buyers at the likes of Whole Foods, Safeway, H.E.B., Costco, and Wegmans, were willing to give him a shot this...

Ditch the bag! Tea Drops raises $1.9m in seed round led by AccelFoods

By Elaine Watson

Tea Drops – which specializes in bagless, organic, pressed tea ‘drops’ that ‘disintegrate in your cup’ - has closed a $1.9m seed round led by New York-based early stage venture fund AccelFoods and supported by Halogen Ventures and Cue Ball Capital.

Greenpeace links Fonterra to Indonesian deforestation

By Jim Cornall

A just-published Greenpeace investigation alleges that New Zealand dairy giant Fonterra Cooperative Group’s key supplier of palm kernel extract (PKE) has links to a huge expanse of deforestation in Indonesia.

Brexit could hurt dairy in UK and Europe, EDA and Dairy UK say

By Jim Cornall

With less than a year to go until Brexit, Dairy UK and the European Dairy Association (EDA) have jointly developed a ‘Future UK-EU Dairy Framework’ setting out the outcomes the dairy sector hopes to be achieved in the current negotiations between the UK...

Indian biscuit giant Anmol Industries files for IPO

By Gill Hyslop

Anmol Industries - a branded packaged food company focussing on biscuits and cakes - has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).