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Oishii sidesteps struggles plaguing vertical farms, taps CPG veteran to further fuel growth

At a time when many players in the controlled environment agriculture industry are laying off employees, filing for bankruptcy and in some cases closing their doors, vertical farm Oishii continues to grow – expanding production, distribution, its portfolio of high-end berries, and now its leadership team with the appointment of industry veteran Rita Hudetz as chief commercial officer. ....

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Rebellyous Foods overcomes 'quality at scale' challenges for plant-based protein production to close supply-demand gap

For the plant-based meat industry to close the supply and demand gap and reduce prices it must overcome what Rebellyous Foods CEO and Founder Christie Lagally describes as a “quality at scale” challenge, in which limited access to the “right tools” drives up production costs and lowers quality. ....

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Actual Veggies' produce-packed patties' fast growth suggests alternative future for plant-based meat alternatives

The rapid growth of plant-based protein newcomer Actual Veggies suggests the sliding sales of alternative protein products that closely mimic their animal counterparts does not represent a lack of consumer interest in vegetarian and vegan options, but rather that shoppers’ preferences are evolving towards healthier, less-processed and whole food options. ....

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CPG startup fundraising fundamentals: Focus on great storytelling

Despite the capital crunch that's impacting the entire food and beverage industry, many startups are still entering the space and navigating a much tighter lending environment in the pursuits of investors to help them grow their brands, Madeline Darcy, managing venture at Kaya Venturers, shared during a Founders Heritage fireside chat this week.
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Hero Bread secures $15m by 'going from pitching a dream to pitching a business'

A “massive” repeat purchase rate of 74% direct-to-consumer and 54% at retail combined with healthy margins and strong “no f ing way” factor helped food-tech startup Hero Bread secure $15m in series B funding despite the challenging economic environment. ....

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