M&As, Funding & Investments
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Cargill’s new US$50m plant to sustainably meet corn syrup demand
USA— Cargill has announced plans to invest more than US$50 million to build a new, cutting-edge, corn syrup refinery in Fort Dodge, Iowa, significantly expanding…
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Tyson Foods invests US$200m in expanding and upgrading Amarillo beef plant
US – World’s second-largest processor and marketer of meat products, Tyson Foods, has committed US$200 million to expand and upgrade operations in its beef plant…
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Eat Just raises US$25m to fund its offensive into China’s alt-protein market
CHINA – Eat Just, a manufacturer of plant-based egg and cultivated meat products, has received a US$25 million investment from private equity firm C2 Capital…
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IFF plans new US innovation center to help customers accelerate commercialization of new products
USA — American food ingredients corporation International Flavors & Fragrances (IFF) is planning a a new Nourish Innovation Lab at the company’s Union Beach, NJ,…
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Retail-tech startup Omnibiz secures US$15m pre-Series A round to accelerate growth
NIGERIA – Omnibiz, a retail-tech startup, has secured a US$15 million pre-Series A round of funding led by Timon Capital to accelerate retailer growth and…