Investments & Funding
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WayCool raises US$117m to strengthen its technology, unlock future growth
INDIA – WayCool Foods, a leading Indian food development, and distribution company, has raised US$117 million in a series D funding round which saw participation…
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Egypt’s healthy foods online platform 3attar receives funding to steer growth
EGYPT – Egypt-based foodtech startup 3attar has secured seed investment from AUC Angels, UI Investment and a group of angel investors. Established in 2019, 3attar…
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Conagra to invest US$60m in expanding snack production capacity at Troy plant
USA – American consumer packaged goods holding company is planning to spend US$60 million in expanding its snack production capacity at its site in Troy, Michigan. …
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Kenya’s leading miller Rai Group expands operations with establishment of new US$44m sugar factory
KENYA – Kenyan industrial conglomerate, Rai Group, is set to commence operations at its newly built sugar production unit, Naitiri Sugar Company, by the end…
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Cloud kitchen startup Curefoods raises US$62m to fund aggressive growth plans
INDIA – Curefoods Pvt Ltd, a fast-growing Indian cloud kitchen startup, has raised US$62 million from existing investors Iron Pillar, Chiratae Ventures, Sixteenth Street Capital,…