Food tech company Mori has successfully raised $50 million Series B1 funding to further develop and expand its shelf-life extending product line. This round was led by Prelude Ventures and included previous investors The Drawdown Fund, Acre Venture Partners, The Engine, Refactor Capital, Blindspot, Closed Loop Partners, Knollwood Investment Advisory as well as new investors Collaborative Fund and Thia Ventures. This additional capital will help the supplier meet its goal of reducing waste and … [Read more...] about Mori secures Series B1 funding for shelf-life extension solutions
natural ingredients
Alvinesa Natural Ingredients acquires Cades Penedes
In order to further scale production to meet growing consumer needs Alvinesa Natural Ingredients has announced it will acquire Cades Panedes. The latter company is the leading Catalonial manufacturer of grape-derived sustainable ingredients located in Panedes, a wine-producing region in Spain. The wine grapes from Cades Panedes are don’t require the use of pesticide and contain higher levels of polyphenols, which are micronutrients with antioxidant properties. Alvinesa will then upcycle the … [Read more...] about Alvinesa Natural Ingredients acquires Cades Penedes
Providing for a healthier year ahead with functional ingredients
Article contributed by Christian Philippsen, Managing Director, BENEO Asia Pacific For many of us, a new year symbolises fresh beginnings. When it comes to new year resolutions, being healthier continues to occupy the top spots for a vast majority of people. But this is often easier said than done. With upcoming celebrations like the Lunar New Year right around the corner, consumers will be further challenged to uphold their resolutions while still being able to indulge in the festive … [Read more...] about Providing for a healthier year ahead with functional ingredients