Latest News in the food Industry

Dairy

Ripple closes $60M investment round, targets global expansion

Ripple closes $60M investment round, targets global expansion

6 Oct 2021

Animal-free, pea-protein-based dairy maker Ripple Foods raised $60 million in a Series E funding round led by Rage Capital, Ajax Strategies, and S2G Ventures, with backing from OurCrowd, GV, Prelude Ventures, Euclidean, Fall Line Capital, and Tao Capit...

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Perfect Day lands $350M, introduces cream cheese

Perfect Day lands $350M, introduces cream cheese

4 Oct 2021

Animal-free dairy protein company Perfect Day announced it closed a $350 million Series D funding round led by Temasek and Canada Pension Plan Investment Board (CPP Investments). Additional participation came from long-time investors Horizons Ventures,...

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EU approves exported camel milk for another year

EU approves exported camel milk for another year

27 Sep 2021

The European Commission reapproved the export of camel milk from the United Arab Emirates (UAE) to 27 member states of the economic block for 2021. As part of the agreement, the E.U. will require the UAE Ministry of Climate Change and Environment (MoCC...

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Autonomous human milk factory arrives in U.S.

Autonomous human milk factory arrives in U.S.

20 Sep 2021

108Labs announced it will build a ‘Cellfacturing’ facility to produce the startup's cell cultured human milk. The factory will operate using a proprietary artificial intelligence platform to produce this cultivated milk at scale.

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UK’s Sleep Well milk aims to launch in Asia

UK’s Sleep Well milk aims to launch in Asia

3 Sep 2021

Functional milk brand Sleep Well, which uses the active ingredient valerian to promote good sleep, has made launching its products in Asia a priority. Already, the U.K.-based brand has confirmed to Beverage Daily that it will launch in convenience stor...

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Cacique breaks ground on new $88M facility

Cacique breaks ground on new $88M facility

15 Jun 2021

In the midst of a market that seems to be moving toward plant-based dairy, Hispanic foods company Cacique has sealed a deal to open a brand new $88 million dairy processing facility in Amarillo, Texas. The new facility will be equipped to handle dairy ...

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Icelandic Provisions dips into oat milk with new skyr product

Icelandic Provisions dips into oat milk with new skyr product

11 Jun 2021

American dairy company Icelandic Provisions launched its first plant-based product, Oatmilk Skyr. When the product rolls out across the U.S. at Whole Foods Market locations, the company says that it will become the first oat milk skyr on the market.

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Cow-free ice cream maker Eclipse Foods launches summer flavors

Cow-free ice cream maker Eclipse Foods launches summer flavors

31 May 2021

Bay Area-based Eclipse Foods is looking to become the household name that is a an eponym for plant-based dairy products. As part of that mission, the company will release seven new flavors in June, The Spoon reported.

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European Parliament allows ‘buttery’ adjectives on dairy-free products

European Parliament allows ‘buttery’ adjectives on dairy-free products

28 May 2021

In a u-turn from its policy last fall, the European Parliament dropped Amendment 171 and will allow manufacturers to use descriptive terms like “buttery” and “creamy” to describe plant-based products.

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Spanish dairy company launches incubator to cultivate cultured milk

Spanish dairy company launches incubator to cultivate cultured milk

25 May 2021

Calidad Pascual launched Mylkcubator through its innovation and investment arm, Pascual Innoventures. Mylkcubator is the world’s first global incubation program for cellular agriculture technologies in the dairy industry aimed at producing dairy altern...

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Fermentation cultures bubble to the top of plant-based dairy

Fermentation cultures bubble to the top of plant-based dairy

14 May 2021

Recently, the Good Food Institute dubbed fermentation as the third pillar of the alternative protein industry, alongside plant-based and culture-based alternatives, and its prediction has proved prophetic. As the plant-based space continues to burgeon ...

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German fermented dairy startup rebrands, announces first product

German fermented dairy startup rebrands, announces first product

6 May 2021

Berlin-based precision fermentation company LegenDairy is rebranding itself as Formo, the Latin word for ‘I mold, I form,’ according to a press release from the company. The rebranding coincides with the announcement that the company plans to launch it...

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