LONDON, United Kingdom — Healthy peanut butter brand Pip & Nut has raised more than £1m to expand its product range and boost exports. The challenger brand, which launched in 2015 generated sales of more than £9m last year, with the company predicting sales of £25m by 2020. Born out of Founder Pip Murray’s love for peanut [...]
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NEW YORK, United States — British meal kit provider HelloFresh has launched a retail line in the US targeting complimentary audiences, as more meal kit services take to supermarket aisles to boost profits. The company’s entry into US retail follows its recent acquisition of Green Chef, a Boulder-based meal kit brand that offers USDA-certified organic ingredients [...]
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LOS ANGELES, United States — Plant-based beverage brand Califia Farms has closed a $50m funding round led by investment bank Ambrosia Investments, with participation from actors Jared Leto and Leonardo DiCaprio. The funding will allow Califia Farms to further pursue its vision of becoming the leading plant-powered food and beverage company of the future, argued CEO [...]
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NEW YORK, United States — American matcha brand MatchaBar will forge ahead with plans to shake up the $22B energy drink market, following the completion of a $8M funding round. Led by a roster of high profile investors including producer and DJ Diplo, NFL player Von Miller and actor Ansel Elgort, the latest round will be [...]
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LONDON, United Kingdom — PepsiCo has chosen eight disruptive wellness brands including lower sugar snack brand Nibble Protein, dairy and gluten free smoothie bowls Revolicious and organic, vegan-friendly drinks capsules Rokit Pods, to join its first collaborative incubator programme in Europe. The PepsiCo Nutrition Greenhouse, designed to support entrepreneurs in the wellness space, will offer each [...]
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SEATTLE, United States — Energy boosting coffee and lifestyle brand Bulletproof is poised to become the millennial Starbucks following a $40m funding round, argues lead investor CAVU Venture Partners. Joining the food and beverage investment firm, whose portfolio includes Hippeas, Thrive Market and WTRMLN Water, the round also featured participation from Trinity Ventures, an early Starbucks [...]
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STOCKHOLM, Sweden — Karma, a Swedish startup that enables restaurants and grocery stores to reduce food waste by selling unsold food at a discount direct to consumers, has raised $12 million in Series A funding. Led by Swedish investment firm Kinnevik, which has previously backed digital health service Babylon Health, the round also included participation from Bessemer [...]
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London, United Kingdom — Healthy snack brand graze, which rose to prominence as one of the pioneers of the healthy snacking movement, has revealed a new brand identity as part of a wider initiative that aims to tap into changes in consumer preferences surrounding snacking. As part of the rebrand, graze plans to challenge negative perceptions [...]
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LONDON, United Kingdom — Farmstand; a London-based, plant-powered food company plans to expand its offline and online business model to 100 locations in London over the next four years, following a $3 million investment round led by Kindred Capital. Founded in 2016 by e-commerce entrepreneur, cancer-survivor and Milwaukee-native Steven Novick, the values-led company which places sustainability at [...]
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LONDON, United Kingdom — Disruptive functional drinks brand Botanic Lab has launched a groundbreaking Cannabidiol Botanical Tea Drink in an attempt to shake up the social drinking landscape. The product, which claims to be a first for the UK market, combines sour cherry and floral hibiscus with botanical hemp CBD extract. “CBD is one of many [...]
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LONDON, United Kingdom — Health food store Planet Organic is headed for expansion following its sale to Scottish private equity firm Inverleith, in a deal rumoured to be worth £15m. The London-based supermarket, food-to-go chain and online retailer, has announced it will more than double its current portfolio of stores over the next 5 years, in what [...]
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LONDON, United Kingdom — Pret a Manger has announced the launch of its first ever vegetarian store outside of London, as the number of vegans and vegetarians in the UK continues to skyrocket. Set to launch in Manchester later this month, the fourth Veggie Pret shop will open on Deansgate following hundreds of customer requests via social [...]
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LONDON, United Kingdom — UK fruit and vegetable crisp maker Emily Crisps has smashed its £1 million funding target on crowdfunding site Seedrs, ahead of its forthcoming launch in the US. Founded in 2014, by Emily Wong and partner Ale Ascani, the startup’s fruit and vegetable snacks have found success within the healthy snack segment. Providing [...]
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LONDON, United Kingdom — Innovative nutrition brand Form is partnering with Heathrow to incorporate its plant-based proteins into the airport’s new VIP dishes, as businesses race to cater to the growing demands of wellness travellers. Read more: Damian Soong, Co-Founder of Form On: Bringing A Fresh Perspective To The Nutrition Category Launching this week, the airport’s exclusive [...]
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LONDON, United Kingdom — Fast-growing powdered-meal startup Huel is ramping up its global expansion plans following a £20M investment round, with China the first new territory on its list. The brand’s only external investment since launching in 2015, provided by growth equity investor Highland Europe, which has previously backed MatchesFashion, GetYourGuide and WeTransfer, will also be [...]
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PARIS, France — Yogurt maker Danone has unveiled plans to fuel plant-based sales to €5 billion by focusing on the fast-growing food category. Speaking at an Investor Seminar in London earlier this month, Emmanuel Faber, Chairman and CEO said the aim was to build a company uniquely positioned to embrace the food revolution. “We are developing [...]
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NEW YORK, United States — Following the astronomical success of the low-calorie, low-sugar, high-protein ice cream brand Halo Top, Unilever US is introducing a new player into the frozen dessert market with a probiotic ice cream called Culture Republick. The move represents efforts by Unilever to claw back the 1.5 share points lost to Halo Top, the [...]
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LONDON, United Kingdom — Healthy food delivery company The Detox Kitchen has launched its first-ever crowdfunding campaign to support ambitious plans to meet the rise in consumer demand for accessible and nutritious food options. Posting a target of £550,000, for 7.8 percent of the company, Founder Lily Simpson said the funds will predominantly be used to help [...]
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LONDON, United Kingdom — Female-led specialist investment fund Vaultier7 has expanded its wellness portfolio with the addition of US organic baby food brand Little Spoon. The startup – a first mover in the direct to consumer organic baby food category, backed by Tinder co-founders Sean Rad and Justin Mateen and Kyle O’Brien from yogurt brand Chobani – [...]
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LONDON, United Kingdom — Danone has taken breakfast protein pot brand AYEM under its wing as part of a new innovation lab set up to nurture disruptive startups into the leading brands of tomorrow, as well as diversify its own portfolio of products. The Manifesto Innovation Accelerator, which acts as a strategic partner and corporate venture [...]
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