The deal marks the first strategic media partnership for the food tech startup, which initially launched its plant-based chicken brand, TiNDLE, in Germany last.
Unterföhring, June 22, 2023. SevenVentures, the investment arm of ProSie-benSat.1 and part of the Group s Commerce & Ventures segment, is investing in Next Gen Foods via a media-for-equity investment in the double-digit millions. .
Despite a slight dip in plant-based dairy sales in the last three quarters – mostly due to higher prices – “there is a lot of sustained appetite for plant-based dairy, and we’re very optimistic for future growth opportunities in this category,” Bethany Gomez, managing director of The Brightfield Group said last week during a webinar hosted by FoodNavigtor-USA.
Despite a slight dip in plant-based dairy sales in the last three quarters – mostly due to higher prices – “there is a lot of sustained appetite for plant-based dairy, and we’re very optimistic for future growth opportunities in this category,” Bethany Gomez, managing director of The Brightfield Group said last week during a webinar hosted by FoodNavigtor-USA.