Australia provides manufacturing fund for food and beverage sectors
The Australian Government has announced that the $993m (A$1.3bn) Modern Manufacturing Initiative (MMI) is now open to support the local food and beverage manufacturers.
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The Australian Government has announced that the $993m (A$1.3bn) Modern Manufacturing Initiative (MMI) is now open to support the local food and beverage manufacturers.
US-based indoor vertical farming company AeroFarms has entered a $1.2bn merger agreement with a publicly traded special purpose acquisition firm Spring Valley Acquisition.
Bluu Biosciences has secured an $8.2m (€7m) investment in a funding round to create a lab-grown fish replacement.
The World Bank has approved a $400m loan for the China Food Safety Improvement Project to help improve food safety management.
Frozen potato products producer Lamb Weston will make a $250m investment to expand its french fry processing capacity in China.
Louis Dreyfus Company (LDC) has signed a definitive agreement to sell the business and assets of Imperial Sugar to Florida-based agri-business U S Sugar.
Global food company Cargill has forged a partnership with Nestlé to extend the Nestlé Cocoa Plan (NCP) to benefit its network of cocoa farmers in Sulawesi, Indonesia.
Food safety solutions provider iFoodDS has raised $15m in a Series A funding round to accelerate product innovation.
Cultivated meat producer Meatable has raised $47m in a Series A funding round to enhance its portfolio with beef products and support its next phase of growth.
General Mills has agreed to sell its 51% stake in its European Yoplait operations to French dairy cooperative Sodiaal in exchange for full ownership of the Canadian Yoplait business.