Investments & Funding
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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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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…
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Bar Magen to build Nigeria’s first salt, mineral block licks production unit following US$4.5m IFC backing
NIGERIA – Agro Bar Magen Nigeria (ABMN), the Nigerian subsidiary of Israel-headquartered livestock feed manufacturing company, Bar Magen, has received a US$4.5m financing package from…
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PepsiCo’s Indian arm Varun Beverage invests heavily in new plants to increase production capabilities
INDIA – Varun Beverage, the second largest bottling company of PepsiCo’s beverages in the world outside the USA, will soon set up a Rs 1,000…
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General Mills to invest US$100M to expand Ohio operations
USA — General Mills, a leading global food company and one of southeastern Ohio’s largest employers Inc. is investing US$100 million to expand operations its…