Investments & Funding
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Lamb Weston invests US$415m in expanding US facility to meet rising demand
US – Lamb Weston, one of the world’s largest producers and processors of frozen french fries, is investing US$415 million into the expansion of its facility in American…
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US Plant-based startups Nobell Foods, Urban Remedy raise funds to accelerate growth
US – Plant-based startups Nobell Foods and Urban Remedy have raised new funds to build internal capacities, accelerate growth, and fund expansion into new markets. Nobell…
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Kenyan integrated food producer SimpliFine taps into fast growing frozen food, ready-to-cook segment
KENYA – SimpliFine, a food production company offering accessible, locally sourced meat, vegetables, baked goods and other foods to restaurants, hotels, and retailers across East…
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Direct Pack expands US food packaging facility as Pregis invests US$80m in new film extrusion plant
US – Direct Pack, a US manufacturer of thermoformed plastic packaging for food applications, has expanded its facility in Rockingham, North Carolina in line with…
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Alternative protein company Nature’s Fynd raises US$350m to accelerate go-to-market strategy
US – Alternative protein company Nature’s Fynd has raised US$350 million in a Series C round funding led by SoftBank’s Vision Fund 2, more than tripling the funding it’s raised to date, according to a report…