Retail & FoodService
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Afresh Secures $115M in Series B Funding and Rolls Out its Fresh Food Preservation Technology to Thousands of Stores Across the US
Afresh Bakery, Meat & Poultry, Retail & FoodService August 5, 2022
Afresh, the leading AI-powered fresh food technology provider, today announced a $115 million Series B funding round led by Spark Capital and with participation from Insight Partners, VMG Partners, and Bright Pixel Capital. Afresh will use the investment to scale across thousands more stores and expand the footprint of its Fresh Operating System, an efficient, flexible solution for forecasting, inventory, ordering, and store operations, to support new fresh categories like meat and bakery. …
Produce
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Kapi Kapi Growers, with a commitment to sustainability through the years, is making its presence known in the U.S. market. As one of the leading producers of premium pineapples and bananas in the world, Kapi Kapi has operations on the east coast of the U.S. and is prepared to expand throughout the country. Its dedicated, passionate business development and logistics team is growing partnerships to efficiently and seamlessly manage new produce programs. …
Deli
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Conscious Cultures, a leading maker of plant-based foods, today announced its corporate rebrand to Bandit and that it raised a $1.5 million seed round led by venture capital firm Prime Movers Lab. …
Floral
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Total Quality Management Research Guides Postharvest Quality Success
Terril A. Nell – Professor of Floriculture Emeritus University of Florida Floral August 5, 2022
Flower losses of 20 – 30% are reported as flowers move from growers to retail outlets and to consumers. High quality, long-lasting flowers are among the highest priorities when consumers make floral purchases. Imagine the impact on your profit if you could reduce your shrink to 5% or less. Well, you can! Care and handling research in the U.S., Europe, Israel, and other countries has provided guidelines for maintaining long lasting flowers. …
Bakery
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Entrepreneurial Equity Partners (“e2p”), a Chicago-based private equity firm focused on the food and consumer packaged goods industries, announced today that it has acquired Roskam Baking Company (“Roskam” or the “Company”) and merged Roskam with Organic Milling, one of its portfolio companies. Financial terms of the transaction were not disclosed. …
Seafood
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GAPP Still Seeking Stand-Out Product Innovation and Promotion Concepts for Funding
Association of Genuine Alaska Pollock Producers Seafood August 5, 2022
The Association of Genuine Alaska Pollock Producers (GAPP) is still actively seeking cutting-edge proposals for its next round of Partnership Program funding. GAPP has expanded the Program this year to focus on global opportunities for Wild Alaska Pollock with specific emphasis on project ideas in “growth areas” for the fish as identified through GAPP’s proprietary research including its recently released “Wild Alaska Pollock 2040” Report. …
Dairy
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The processing plants, located in Richmond, Ind., and Pacific, Mo., produce a variety of extended shelf-life dairy and non-dairy beverages, ice cream and shake mixes for both retail and food service customers. The facilities will become part of the DFA Dairy Brands division and will operate as Richmond Beverage Solutions and Pacific Dairy Solutions. …
Meat & Poultry
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Johnsonville, the official sponsor of the American Cornhole League (ACL), announced its fan-engagement plans for SuperHole III, including a new collection of limited-edition advertisement spots that will run in broadcast and digital, an impressive roster of air-mailing sausage ambassadors like Chad “Ochocinco” Johnson and Jennie Finch, a cornhole watch-party Pinterest board and hilarious sausage-centric swag. …