Global baking firm Grupo Bimbo invests in Israeli startup israel21c.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from israel21c.org Daily Mail and Mail on Sunday newspapers.
Investment from Bimbo Ventures will propel Rule Breaker to next level
Rule Breaker Snacks are suitable for people with food allergies and intolerances. Pic: Rule Breaker Snacks The clean ingredient snack startup has received its first external financial boost from the venture capital arm of Grupo Bimbo.
Rule Breaker Snacks was founded in 2015 by Nancy Kalish, a health coach and former health journalist with a serious sweet tooth. While sweet treats are supposed to be fun, for people with allergies or intolerances, it’s not.
Rule Breakers’ indulgent brownies and cake bites are made with clean ingredients that are free from the top 11 allergens, including gluten, dairy, eggs, sesame, soy, coconut and sesame, and no preservatives.
Posted on 364
Jüsto (or “the Company”), a leading online grocer in Mexico, today announced it has raised a USD $65 million Series A investment led by General Atlantic, a leading global growth equity firm, with participation from existing investors including Foundation Capital and Mountain Nazca. The growth investment marks the largest Series A round raised in Latin America
2 and will support Jüsto’s future strategic initiatives, including the expansion of the Company’s geographic footprint across Mexico and Latin America, the enhancement of its last-mile logistics infrastructure, marketing initiatives, and additional working capital needs.
Jüsto was founded in 2019 by CEO Ricardo Weder as one of Mexico’s first vertically-integrated, online grocery platforms with no physical store presence. Over the past 18 months, Jüsto has developed into an emerging leader in the transformation of the digitally-enabled o
Jüsto, an online supermarket based in Mexico City, announced Tuesday it has raised $65 million in a Series A round led by General Atlantic. The amount is sizable for a Series A in general, but supersized for a LatAm startup. In fact, according to PitchBook data cited by General Atlantic, the round represents the largest […]
Our guide to some of the main food sector incubators and accelerators operated by major food manufacturers.
As with in-house venture capital funds, for big food companies looking to gain exposure to new, exciting, potentially faster-growing categories, starting an incubator or accelerator is becoming increasingly popular.
Incubators and accelerators are not exactly the same thing. Although both offer support and guidance to start-ups, incubators are typically targeted at companies at an earlier stage. Accelerators are aimed at existing companies that have an idea and a business model already in place but which need help to propel their business forward.
Such vehicles, and especially incubators, provide mentoring and advice on everything from branding to attracting finance. There is also often a grant provided to the businesses chosen to take part in a programme and sometimes a cash prize for the business selected as the winner from that year s intake.