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ADM_2020_900

ADM to Acquire Deerland Probiotics & Enzymes

Addition expands ADM’s wide array of innovative, groundbreaking products and solutions to help meet $775 billion global demand in health & wellness
November 2, 2021

Deerland Probiotics & Enzymes is a trusted global provider of probiotic and dietary supplements using probiotic, prebiotic, and enzyme technology, including 12 branded product lines serving customers in areas including digestive health, immune health, women’s health, food intolerance, sports nutrition, cellular repair, and systemic and cardiovascular health. 


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CocaCola_900

The Coca-Cola Company Acquires BODYARMOR

BODYARMOR will be managed as a separate business within Coca-Cola’s North America operating unit and will continue to be based in New York
November 1, 2021

In 2018, Coca-Cola initially acquired a 15% stake in BODYARMOR with a path to full ownership, based on a pre-determined discount. Coca-Cola is paying $5.6 billion in cash for the remaining 85% of the company.


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Shiru_900

Shiru Closes $17M Series A to Develop Novel Plant-Based Food Ingredients

Biotech startup's patent-pending discovery platform combines ML and biofermentation to produce plant-based alternatives to eggs, meat, dairy, and gelatin—using a fraction of the land, water, and energy of animal analogs
October 29, 2021

The company's patent-pending discovery platform combines machine-learning algorithms and a precision biofermentation process. The result is a spectrum of novel plant-based ingredients that require a small fraction of the land, energy, and water footprint of animal-derived eggs, meat, milk, and gelatins. 


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AquaCulturedFood_Bass_900

Aqua Cultured Foods Closes Pre-Seed Round of $2.1 Million

Funding will be used to accelerate research and development to enable commercialization of whole-muscle cut, sushi-quality filets
October 29, 2021

Food tech startup Aqua Cultured Foods announced it has closed an oversubscribed pre-seed funding round of $2.1 million, a high-water mark in the category of seafood alternatives, and one of the largest pre-seed rounds for companies using fermentation for alt-proteins. 


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UpsideFoods_900

UPSIDE Foods Appoints New Technical Leadership

Dr. Robert Kiss as to assume role as executive vice president of technical operations
October 28, 2021

Dr. Kiss has three decades of industrial biotechnology experience and will oversee all of the company's technical operations and processes for producing cultivated meat at research through commercial scales.


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Tittl_Culinex_900

CuliNex Names New Team Members

Food innovation consultancy adds staff as business expands
October 26, 2021

CuliNex, a clean label food product consultancy, introduced two new members of the expanding product development team. 


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FoodBytes_900

FoodBytes! by Rabobank Selects Finalists for 2021 Virtual Pitch Competition

Fifteen startups will showcase innovations at FoodBytes! Pitch on November 10
October 26, 2021

The finalists were chosen amongst the cohort of 45 global startups previously selected as participants in FoodBytes! Pitch 2021, Rabobank's multi-week food and agriculture innovation program that drives collaboration between startups, corporate leaders and investors to develop solutions to food system challenges.


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RubixFoods_900

Darifair Foods Rebrands as Rubix Foods

The change honors that the company has evolved beyond its dairy roots and today serves a wide variety of business-to-business customers in a full spectrum of food solutions
October 22, 2021

Darifair Foods, a culinary and food science-focused provider of flavor and functional ingredients for restaurants and food manufacturers, announced a new company name and brand identity: Rubix Foods.


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olam_ing_900

olam food ingredients Launches New Brand to Underline Customer Proposition

The brand identity taps into themes and colors which reflect ofi’s ability to drive innovation
October 22, 2021
Kafarakis_IFMA_900

IFMA Board Names New Leadership

Industry veteran Phil Kafarakis to take on role as CEO
October 21, 2021

Beginning Nov. 1, 2021, Kafarakis will be responsible for overseeing IFMA's day-to-day operations and will direct the activities of the association in support of policies, goals and objectives established by its Board of Directors.


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