Califia Farms closes landmark US$225m series D financing round

USA – Califia Farms, a Los Angeles-based plant-based food and beverage company has closed its Series D financing raising US$225 million in capital led by the Qatar Investment Authority (QIA).  The funding, which counts as […]

Reprive to food and agriculture sectors as US and China sign phase one of trade agreement

USA – The United States and Republic of China have reached a consensus on the first phase of the trade agreement in a deal that is expected to significantly benefit the American Agricultural sector. The […]

Nestlé and Starbucks introduce new range of coffee in the US

USA – Nestlé and Starbucks have releases a new range of Starbucks coffee products that will be available in grocery stores in the U.S. starting February 2020. The new line-up which includes; Cold Brew concentrate, […]

Food Cultures & Enzymes boosts Chr. Hansen first quarter performance

DENMARK – Chr. Hansen reported an organic revenue growth of 1% in the first three months of 2019/20 to €272.4 million (US$303.64m) boosted by a 4% growth in Food Cultures & Enzymes and a 1% […]

Glencore Agriculture increases stake in Argentinian food processor Renova

ARGENTINA – Glencore Agriculture has acquired an additional 16.67% in its Argentinian supply chain and processing joint venture, Renova to become the majority owner with 66.67% shareholding in the company. Glencore Agriculture purchased the stake […]

Meat alternative startup New Age Meats raises US$2.7m in seed funding round

USA – New Age Meats, a Berkeley-based cultivated meat company, has closed a US$2.7 million in seed round funding led by ff Venture Capital, New York-based venture firm focused on early stage investments. Other investors who […]