Business
UK’s plant-based food market ‘back in growth for first time in years,’ Tesco declares
UK retailer Tesco has reported a surge in demand for chilled plant-based food products for the first time in years, signalling a promising return to growth amid a turbulent period for the category.
Tootie’s Tempeh CEO Sarah Speare elected to PBFA board
Sarah Speare, CEO, co-founder and worker-owner of Tootie’s Tempeh, has been elected to the board of the Plant Based Foods Association (PBFA) and will also serve as Treasurer.
Marico to acquire 60% of Cosmix Wellness for $41m
Marico has signed definitive agreements to acquire a 60% stake in Cosmix Wellness Private.
Beyond Meat hit with shareholder class action over alleged disclosure failures
Beyond Meat shareholders have launched legal action accusing the company of failing to disclose “material adverse facts” ahead of a major impairment charge that was revealed in November.
Daring Foods CEO Jeffrey Gendelman steps down
Jeffrey Gendelman, CEO of plant-based meat start-up Daring Foods, has announced he will step down after nearly five years with the company.
Agronomics invests further £1.5m in All G as precision fermentation nears commercial rollout
Agronomics, the London-listed cellular agriculture investor, has put a further AUD 3 million (£1.5 million) into Australian biotech All G.
Alt-seafood association Future Ocean Foods seeks buyer to accelerate organisation
Future Ocean Foods, a trade association dedicated to the global alternative seafood industry, has announced it is seeking acquisition.
Om Mushrooms secures $6.5m to fuel functional mushroom expansion
Om Mushrooms, a US-based functional mushroom company, has secured a $6.5 million line of credit from JPalmer Collective.
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