Latest News in the food Industry
Functional Food & Drink
![Tesco’s new incubator program heavily features plant-based companies](/img/ingnet-logo.png)
Tesco’s new incubator program heavily features plant-based companies
30 Oct 2020
Tesco is in its fourth year of hosting an incubator program for startup consumer packaged brands, and this year, the cohort features a substantial list of plant-based brands that will receive institutional support from the supermarket chain and its pan...
Read more![myAir delivers stress reduction through nutrition](/img/ingnet-logo.png)
myAir delivers stress reduction through nutrition
19 Oct 2020
Israeli-based myAir is a new startup that is focusing on controlling stress through nutrition. The brand, which produces plant-based snack bars, has six functional blends that were developed using AI to combat a number of the most prevalent physiologic...
Read more![Plant-based food maker Laird Superfood files for $40M IPO](/img/ingnet-logo.png)
Plant-based food maker Laird Superfood files for $40M IPO
17 Sep 2020
Laird Superfood, a company founded by the surfer Laird Hamilton, is riding the IPO wave and filed for a $40 million fundraise from investors to appear on the New York Stock Exchange. The company indicated it will use the symbol “LSF.”
Read more![Scientists discover the key to garlicy-ness](/img/ingnet-logo.png)
Scientists discover the key to garlicy-ness
26 Aug 2020
Researchers from Virginia Tech have discovered a biological process in garlic that creates allicin and that may lead to the creation of bulbs with differing levels of pungency. The scientists also said this discovery can contribute to farmers having be...
Read more![Adaptogenic coffee raises $2.7 million to reimagine coffee](/img/ingnet-logo.png)
Adaptogenic coffee raises $2.7 million to reimagine coffee
24 Aug 2020
Coffee company, Taika, raised $2.7M in seed funding for its adaptogen-infused, ready-to-drink (RTD) beverages. The investment round was led by Kindred Ventures with participation from Obvious Ventures and World Champion Barista James Hoffman. In the co...
Read more![Lemon water brand gets celebrity investment](/img/ingnet-logo.png)
Lemon water brand gets celebrity investment
18 Aug 2020
Cold-pressed lemon water beverage, Lemon Perfect, closed a $6.6 million funding round led by Beechwood Capital, The Big Squeeze, Goat Rodeo Capital, LivWell Ventures, Melitas Ventures, R3 Venture Partners, the RCV Frontline Fund, the Stage 1 Fund, and...
Read more![Chobani releases a functional non-dairy beverage](/img/ingnet-logo.png)
Chobani releases a functional non-dairy beverage
5 Aug 2020
Chobani released a non-dairy probiotic drink to further its efforts to expand out of animal-based dairy. The functional beverage is made with an oat base, has 80 calories, 11 grams of sugar and is made with organic, non-GMO ingredients.
Read more![Novozymes acquires PrecisionBiotics Group](/img/ingnet-logo.png)
Novozymes acquires PrecisionBiotics Group
2 Jul 2020
Danish biotech company Novozymes announced its acquisition of Irish probiotics firm PrecisionBiotics Group for €80 million.
Read more![Research shows adding iodine to salt may pose risks to some populations](/img/ingnet-logo.png)
Research shows adding iodine to salt may pose risks to some populations
23 Jun 2020
A new study by the Norwegian’s Scientific Committee on Food and the Environment (VKM) concluded that although the addition of iodine to salt used in products throughout the country would benefit adolescents and women of childbearing age, the same incre...
Read more![Mintel: coronavirus spurred French consumer toward local and functional foods](/img/ingnet-logo.png)
Mintel: coronavirus spurred French consumer toward local and functional foods
25 May 2020
After two months of strict confinement in France, market insights firm Mintel discovered that French consumer preferences have shifted to favor both local products and functional foods in a more pronounced manner than before the government enacted quar...
Read more![Stakeholders send letter to European Commission asking for standardized labeling across Europe](/img/ingnet-logo.png)
Stakeholders send letter to European Commission asking for standardized labeling across Europe
19 May 2020
A coalition of nearly 40 food and beverage industry titans sent a letter to the European Commission’s Commissioner for Health and Food Safety on April 27 calling for mandatory EU-wide adoption of consistent front of package labeling to combat the risin...
Read more![Chicken protein now comes bottled for convenience](/img/ingnet-logo.png)
Chicken protein now comes bottled for convenience
5 May 2020
Singaporean workout enthusiast, Brian Chia, brought BE ALPHA meat-based protein smoothies to Singapore where he has found commercial success. He is now looking to expand his meal replacement beverage to the U.S. and other countries.
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