Imagindairy Closes its Seed Round, Reaching a Total of $28M in Investment

May 19, 2022 Imagindairy Ltd.

FoodTech startup Imagindairy, Ltd., developer of animal-free milk proteins, secured an additional USD15M in its extended seed-round. The initial round in November 2021 brought in USD13M. This brings the total investment capital to USD28M, making it one of the highest-earning seed rounds in the alternative protein space.

Danone North America Celebrates a Decade of Commitment to Exploring Impact of Gut Microbiome on Human Health

May 18, 2022 Danone North America

Danone North America continues to show its commitment to furthering research, science, and education in the field of the Gut Microbiome, Yogurt and Probiotics through their Fellowship Grant Program. The 2021-2022 program marks ten years and half a million dollars’ worth of grants awarded to empower creative minds and nurture scientific advances. This year’s esteemed honorees, selected by a committee of scientific experts, are Elena Kozlova at University of California, Riverside and Yannis Ntekas at Cornell University.

The Bel Group separates Chair and CEO roles: Cécile Béliot is appointed Chief Executive Officer

May 18, 2022 The Bel Group

One year after Antoine Fiévet, Chairman and CEO of the Bel Group, announced his intention to to separate Chair and CEO positions at the head of the company, the Board of Directors, meeting on May 12, appointed Cécile Béliot, Chief Executive Officer of the Group, and renewed Antoine Fiévet’s mandate as Chairman of the Board. This new governance serves the Group’s ambition to become the reference in healthy snacking, based on a portfolio of strong and popular brands.

Vital Farms Announces Expansion of Egg Central Station

May 17, 2022 Vital Farms

Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide, announced the expansion of Egg Central Station, its world-class egg washing and packing facility in Springfield, Missouri. The 150,000 square foot facility nearly doubled from its original size, creating additional capacity that will enable Vital Farms to continue growing its pasture-raised egg business. The expanded facility will create even more high-quality jobs for the Springfield community and is expected to generate over $300 million in additional revenue for Vital Farms.

Edge Dairy Farmer Cooperative: Canada Continues to Undermine Dairy in USMCA

Edge Dairy Farmer Cooperative said today the Canadian government continues to undermine dairy provisions in the United States-Mexico-Canada Agreement (USMCA), and the co-op urged U.S. officials to reject Canada’s latest proposal for tariff-rate quotas (TRQs).