AI-powered real-time food intelligence provider expands into Germany and France after fund raise
Israel-based Tastewise is expanding into more markets after raising $17M in a Series A funding round.
Archives for March 2, 2022
‘We will yield the full yellow-to-purple spectrum’: Precision fermentation food colours prepare to challenge synthetics
Natural colour maker Phytolon is collaborating with Ginkgo Bioworks to take its biological production to the ‘next level’. FoodNavigator asks Phytolon co-founder and CEO Halim Jubran how its novel production technology works.
A ‘turning point’ in global food pricing? Ukraine conflict threatens food security
Fresh warnings that conflict in Ukraine represents a threat to global food security land as European markets brace for spiking food prices and Unilever shares details on its response.
Risks of using AI to grow our food ‘poorly understood’ and ‘under-appreciated’
The use of artificial intelligence in agriculture comes with substantial potential risks for farms, farmers and food security, warns a new risk analysis.
PepsiCo more than doubles revenue growth with framework prioritizing sustainability
PepsiCo is already hitting notable milestones and reaping financial benefits from its ambitious pep+ plan announced last fall that places sustainability at the center of how the CPG giant says it will create value and drive growth, according to CEO Ramon...
JM Smucker lowers guidance as inflation rises and supply chain, labor challenges linger
JM Smucker continues to be dogged by inflation, supply chain constraints, labor and transportation challenges, prompting the maker of Jif peanut butter and Café Bustelo coffee to lower its earnings and revenue outlook for the year at the close of its...
Funding ‘massive impact’: Plant-based, cell-cultured and fermentation tech sectors to benefit from new APAC fund
A new APAC-focused investment fund says it can create a ‘massive impact’ by supporting firms targeting large-scale animal-based industries, including plant-based, cell-cultured and fermentation outfits.
Garden Fresh Gourmet exec goes for CPG gold for a 2nd time with Skinny Butcher launch: ‘We’re going to win on branding and flavor’
There’s no shortage of startups on a mission to fix the broken food system and FOMO-fueled legacy brands jumping on the plant-based bandwagon, says Dave Zilko, the CPG veteran behind the new Skinny Butcher brand. But buyers, he says, are still open to...
NotCo gears up to enter ultra-competitive meat alternative category in US with NotBurger
Santiago-based NotCo - which entered the US market in 2020 with plant-based NotMilk - is gearing up to enter the ultra-competitive US meat alternatives category with NotBurger, a brand that has rapidly gained traction in Latin America with high-profile...
‘Corporate daigou boom’: Formula firm Bubs boosted by formal platforms for sellers
Infant formula maker Bubs reported a record high gross revenue coming from corporate daigou companies, which help individual sellers navigate hurdles such as procurement and deliveries.