Shoppers today seek upgraded experiences in everyday occasions, paving the way for craft chocolate. Manufacturers in this emerging segment, however, face several key challenges, said Brad Kintzer, chief chocolate maker at TCHO Chocolate. “For an everyday purchase, it really can... Read More →
BrightFarms, the controlled environment agriculture (CEA) company, has raised a $55 million Series D round, bringing the greenhouse grower’s total funding to more than $100 million. BrightFarms grows salad greens and herbs in hydroponic greenhouses in Illinois, Pennsylvania, Virginia, and Ohio. The new funds... Read More →
The problems facing America’s farmers in 2018 are as diverse as their crop varieties: Labor shortages. Soil health. Food spoilage. Trade wars. Lack of access to data on seed pricing, yield information, and even commodity forecasting.
Today NextFoods Inc, the producer of GoodBelly Probiotics, announced the close of a $12 million round of funding led by 301 Inc, the venture arm of General Mills. Previous investor Emil Capital Partners also took part in the round. GoodBelly... Read More →
Young people are disenfranchised with traditional TV, and as mainstream media gravitates more towards quick content on platforms like YouTube and SnapChat the business opportunities are endless. Whistle Sports is the latest startup that is redefining what it means to... Read More →
A global snack brand started by an Indian, Bare Foods has been acquired by American multinational food, snack, and beverage corporation, PepsiCo. PesiCo has entered into a definitive agreement to acquire the US snack company that is primarily into baked fruits... Read More →
The U.S. chocolate market is estimated at approximately USD 18.9 billion per year, and has been growing at an annual rate of 2% (according to the 2017 research by Euromonitor International). TCHO, a premium craft chocolate company known for its... Read More →
Chefs Plate, Canada’s leader in the booming meal kit delivery market, announces $10M in new funding that includes the close of its Series C round of financing from Acton Capital, Emil Capital, InvestEco Capital and Comerica Bank.
Family-office investor Emil Capital Partners made a strong return on its recent exit of its investment in Data Council, which partners with food and beverage makers to produce data streams that get stored in a centralized database. Emil Capital, backed... Read More →
Soon, Chicagoans will have another option when it comes to buying locally grown tomatoes in the dead of winter. BrightFarms, a New York-based company with a new 160,000-square-foot hydroponic greenhouse in Rochelle, about 80 miles west of Chicago, made its... Read More →