M&As, Funding & Investments
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Cultivated Biosciences raises US$1.5m to advance development of indistinguishable alt-dairy cream
SWITZERLAND – Swiss-based Cultivated Biosciences has raised US$1.5 million in a pre-seed round for scaling up the development of its fat ingredient, made via a…
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Good Food Innovation Fund supports feeding programs in East Africa with US$1m financing
EAST AFRICA – Seven East African agrifood tech focused small and medium enterprises (SMEs) based in Kenya and Rwanda, have been named as the first…
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Yili to strengthen overseas presence through US$100-million private investment equity fund
CHINA – Yili Group has launched a US$100-million private equity fund to invest overseas, according to the company’s filing with the Shanghai Stock Exchange (SSE).…
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Reliance eyes growth in fast-moving consumer goods segment through brand acquisitions
INDIA – Indian multinational conglomerate company, Reliance (RIL) is planning to grow its Fast-Moving Consumer Goods (FMCG) sector by potentially purchasing a few FMCG companies.…
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Walmart invests in US meat startup to enhance customer access to
sustainable beefUSA- American retail giant Walmart has agreed to buy a small portion of Nebraska-based Sustainable beef company in a bid to enhance access to high…