With over 50 million users spanning 250 countries and territories, Lifesum has solidified its place as the world’s leading digital nutrition app. In the eight years since its launch, the Swedish company, founded by Tove Westlund, Marcus Gners, Martin Wählby and Henrik Torstensson, has evolved from a calorie tracking app to a full-scale platform that [...]
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A new report by Bloomberg Intelligence (BI) has found that the plant-based meat and dairy sectors are poised for explosive growth — with the market estimated to exceed $162 billion in value within the next decade. It suggests that sales for plant-based meat and dairy alternatives will outpace conventional products, driven by innovation, production capacity, [...]
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VEVEY, Switzerland — Nestlé has laid out plans to support and accelerate the transition to a regenerative food system, as calls grow for businesses big and small to protect and restore the environment. As part of its commitment, the consumer goods giant has said it will work with its food system partners, including the company’s [...]
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NEW YORK, United States — Vita Coco, a ‘better-for-you brand’ in the functional beverage category has commenced an initial public offering in which it hopes to raise up to $224 million. Since its launch in 2004, the brand co-founded by co-CEO Michael Kirban and Ira Liran has cemented itself as a pioneer in the functional beverage [...]
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LONDON, United Kingdom — Digital nutrition app Lifesum is shining a light on the value of a Climatarian diet, as consumer interest in the trend continues to rise. The diet, which focuses on reducing the carbon footprint with plant-based, locally sourced produce, can improve health and save the planet by reducing CO2 by 1.5 tonnes annually. [...]
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NEW YORK, United States — US salad chain Sweetgreen has raised $364 million in an initial public offering, bucking the trend of several wellness companies that have experienced disappointing debuts on the stock exchange recently. The 14-year-old company, which sold 13 million shares on Wednesday for $28 each, according to Bloomberg, had initially marketed 12.5 [...]
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REHOVOT, Israel — Future Meat Technologies (Future Meat) has raised $347 million in a record-breaking funding round for the cultivated meat category. The round, co-led by ADM Ventures — the venture investing arm of ADM, a global leader in human and animal nutrition — also included participation from industry leaders Tyson Ventures, Rich Products Ventures and [...]
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LONDON, United Kingdom — Wellness professionals in the UK can now learn from experts including Bradley Simmonds, Talilla Henchoz, James Middleton and more across a variety of fully-accredited courses aimed at delivering qualifications for the fitness and nutrition industries. The joint venture between LEAP Academy, a newly launched expert-led training course company and learndirect, one [...]
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LONDON, United Kingdom – British vegan food start-up Livia’s has become the latest casualty of the COVID-19 pandemic, following a slump in sales and mounting supply chain issues. In a carefully worded Instagram post on her personal account last Friday, Livia’s founder Olivia Wollenberg pointed to a drop in highstreet footfall and supply chain issues [...]
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