Business
KKR considering $10bn sale of Flora Food Group, FT reports
According to reporting by the Financial Times, private equity firm KKR is exploring a sale of Flora Food Group, with a potential valuation of up to $10 billion.
Planetary raises $28m to scale global fermentation platform
Swiss food-tech start-up Planetary has successfully raised around $28 million to support the growth of its global fermentation platform.
Clean Food Group secures £4.5m to scale fermentation-derived oils production
UK biotech manufacturer Clean Food Group has raised £4.5 million in fresh investment to accelerate the scale-up of its fermentation-based oils and fats platform.
Happy Plant Protein technology heads to Latvia in €6m push for decentralised plant protein production
Finnish foodtech innovator Happy Plant Protein is taking a significant step toward commercial scale, in a new agriculture-based production facility in Latvia.
Cauldron Ferm raises $13.25m in Series A2 funding round
Australia-based biomanufacturing company Cauldron Ferm has secured $13.25 million in a Series A2 funding round, bringing its total funding to $26 million.
Novonesis partners with Technical University of Denmark to scale CO2 protein innovation
Novonesis is working with Technical University of Denmark (DTU)’s Bright Biofoundry, to accelerate the development of sustainable protein.
Flora Food Group agrees to sell Latin American operations to Alicorp
Flora Food Group has agreed to sell its Latin American operations to Alicorp, a major player in food and beverages across South America.
Bunge completes acquisition of IFF’s soy protein concentrate, lecithin and crush businesses
Bunge has completed its acquisition of International Flavors & Fragrances (IFF)’s soy protein concentrate, lecithin and crush businesses.
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