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Home » Topics » Breaking News

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Specialty Food Association Announces Winners of sofi™ Awards

Vegan Passionfruit Mochi Ice Cream and Lewis Road Creamery 10 Star Certified Salted Butter won the 2023 sofi Awards for New Product of the Year and Product of the Year, respectively
July 7, 2023

"We are jumping in joy to receive this," said Mochidoki co-founder Ken Gordon. "It's a culmination of a lot of hard work. It confirms that mochi ice cream is here to stay!"


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PepsiCo Selects 10 Hispanic-Owned Food and Beverage Startups to Join the Greenhouse Accelerator Program

Juntos Crecemos Edition provides companies with an opportunity to participate in a six-month business mentoring program and receive a $20,000 grant to accelerate business growth
July 6, 2023

The finalists represent a diverse range of emerging businesses in the categories of consumer-packaged goods, beverages, market analytics and technology, sustainable packaging solutions, and environmental impact and waste reduction. 


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Sophie's BioNutrients Develops Chlorella Ice Cream with More Iron and B12 Than Cow's Milk

Sophie's Chlorella Protein is a neutral-hued microalgae flour naturally cultivated from Chlorella vulgaris
July 6, 2023

Made with Sophie's dairy-free Chlorella Protein Concentrate, the new vegan ice cream boasts a complete nutritional panel, with more B12 and iron than most dairy and plant-based alternatives.


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Joyful Ventures Launches $23 Million Fund to Propel Sustainable Protein Sector

The new climate venture fund aims to catalyze the $1.5 trillion animal protein industry towards sustainable food solutions
July 6, 2023

The fund announcement comes on the heels of the landmark USDA approval of cell-cultivated meat to US consumers last week.


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BOBABAM Joins with Project Potluck to Drive Diversity Initiatives

Apu Mody to step into CEO Position
July 5, 2023

BOBABAM’s donation will help Project Potluck provide opportunities to the next generation of BIPOC entrepreneurs and young professionals in their future endeavors. 


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Monster Enters Asset Purchase Agreement with Vital Pharmaceuticals

Monster will acquire Bang Energy’s performance beverages and related Bang Energy businesses
July 5, 2023

Under the terms of the APA, subject to satisfaction of certain closing conditions, Monster will acquire Bang Energy’s performance beverages and related Bang Energy businesses through the purchase of substantially all of Bang Energy’s assets.


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Farbest Hires Technical Sales Expert

Hydrocolloid expert Joe Rios joins Farbest
June 29, 2023

Farbest Brands has hired Joe Rios as Technical Sales Manager, the latest in a slew of strategic organizational changes to support investment in new product lines and ingredients, specifically in hydrocolloids.


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Celanese, Mitsui Sign Definitive Agreement to Form Nutrinova

The food ingredients joint venture builds upon the existing long-term strategic partnership between the two companies
June 23, 2023

The agreement combines the technology, product portfolio and backward integration of the Celanese Food Ingredients business with Mitsui’s long-standing positions across the food value chain in Asia and other regions. 


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GOOD Meat Receives US Approval for Cultivated Meat

Company begins production and prepares for launch with restaurateur José Andrés
June 23, 2023

The moment for the burgeoning cultivated meat, poultry and seafood sector, and for the global food industry, comes on the heels of the USDA’s approval of GOOD Meat’s label – and four months after the company received its “no questions” letter from the US Food and Drug Administration.


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Plantish Rebrands to Oshi

Organization sets sights on US restaurants and forges partnership with EU retailer coop
June 20, 2023

Oshi has successfully raised $14.5 million in funding to date, with notable investors like Unovis, who have backed companies like Beyond Meat and Oatly.


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