Market Trends

Cloud-based food and beverage software platform to power Philippine expansion with $5m Series A

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Mosaic Solutions to use funding to enable tasteful digital transformation of food and beverage sector across the country PHILIPPINES: Manila-based tech pioneer Mosaic Solutions has today announced it has closed a US $5 million Series A funding round. This latest investment is set to help the company power major expansion across Southeast Asia and, most notably, the Philippines. Funding was received through lead investor Kickstart Ventures, via its ACTIVE Fund, alongside the Gentree Fund, … [Read more...] about Cloud-based food and beverage software platform to power Philippine expansion with $5m Series A

Dow seals value chain partnership with Want-Want Group to drive zero-solvent emissions and explore opportunities to adopt more recyclable flexible packaging

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Its innovative adhesives solutions support Want-Want Group’s sustainability goals, bringing more environmentally-friendly packaging choices to consumers Shanghai, China – July 11, 2022 – Dow (NYSE: DOW), a global materials science company, has signed a Memorandum of Understanding (MoU) with China’s leading food and beverage group, Want-Want, to drive zero-solvent emissions and develop a circular economy for flexible packaging. This agreement aims to deepen value-chain partner collaborations … [Read more...] about Dow seals value chain partnership with Want-Want Group to drive zero-solvent emissions and explore opportunities to adopt more recyclable flexible packaging

Diageo Buys AI Company That Suggests Consumer Liquor Choices 

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Diageo, possibly the world’s second-largest supplier of hard liquors, on June 30 announced the acquisition of Vivanda, owner of the FlavorPrint artificial intelligence technology behind several Diageo projects aiming to match consumers with the right Diageo-owned alcoholic product.  The price was not disclosed. Diageo has used Vivanda’s system since 2019 in the former’s “What’s Your Whisky” platform and more recently in the Journey of Flavour experience at a Johnnie Walker sampling … [Read more...] about Diageo Buys AI Company That Suggests Consumer Liquor Choices