Nimai facilitates impact financing for Kadat Food in Sierra Leone

The loan is financed by IFC along with the Private Sector Window of GAFSP, the Global Agriculture Food and Security Program Nimai, a leading corporate finance and transaction advisory firm, has successfully facilitated a complex transaction between the International Finance Corporation (IFC) and...

Musim Mas signs sustainability-linked loan with Rabobank and HSBC Bank 

The Sustainability-Linked Loan will be based on three KPIs: RSPO certification of independent smallholders, training of independent smallholders, and maintaining a deforestation-free palm oil supply chain Musim Mas announced its inaugural Sustainability-Linked Revolving Credit Facility, marking ...

Kuwaiti allocates $591Mn to food support

Additionally, 6.927 million dinars have been earmarked for milk and baby food, representing 3.8 per cent of the support The Ministry of Commerce and Industry has allocated a significant amount of 181 million ($591 million) Kuwaiti dinars to support essential food. This support is divided into ke...

Coca-Cola Europacific Partners invests $105.5Mn in Australian plant

The investment will be the biggest single investment ever made in the company’s Australian manufacturing network to deliver more beverages with greater efficiency to more customers Coca-Cola Europacific Partners (CCEP) has announced plans to invest an additional $105.5 million for a new Warmfi...

L Catterton invests in China’s plant-based drinks brand Viee

Partnership leveraging L Catterton's operating know-how will help entrench Viee's leading position in Sichuan and Chongqing and facilitate expansion in nearby provinces L Catterton, a leading global consumer-focused investment firm, announced that it has made a strategic investment in ...

Natural Ventures announces close of $100Mn fund to address food and water security

Natural Ventures, a venture capital fund with offices in the UAE and the Netherlands, completed the first close to focus on global food and water security Natural Ventures, an impact-focused venture capital fund that addresses global food and water security announced the first close of its inaug...

FAO and EU sign 47 million euro programme to enhance food security in Eastern Africa

The programme is expected to directly benefit more than 100,000 households across Ethiopia, Kenya, Somalia, South Sudan, Sudan, Tanzania, and Uganda The Food and Agriculture Organization of the United Nations (FAO) and the European Union (EU) have signed a four-year 47 million euro programme des...

Ireland launches £46million scheme to support agri-food and drink processors

The capital investment will assist companies in adopting greener technologies, aligning with our net-zero targets. Importantly, it also aims to boost the sector’s productivity Conor Murphy, Economy Minister of Ireland has announced the launch of a £46 million Agri-Food Investment Initiative t...

BranchOut Food announces $3.925Mn CEO-led investment

The capital will be used to complete the build-out of the Company’s large-scale production facility in Peru BranchOut Food, a leading food technology company specialising in dehydrated fruit and vegetable-based products, announced the closing of a $525,000 investment in the company led by its ...

Coca-Cola HBC secures $130Mn loan to boost investment in Egypt

The loan will be complemented by a grant of $750,000 from the Global Environment Facility (GEF) to promote the implementation of advanced wastewater treatment technology and water management systems in Egypt Coca-Cola HBC announced that it has obtained a loan worth $130 million from the European...

Novo Holdings invests in MATR Foods expansion in plant-based fungi food

The new financing will enable MATR to scale up its production capacity to meet a growing demand from both existing and new customers Novo Holdings announced an initial investment in Danish food-tech start-up MATR Foods (MATR) to support the scaling-up of its production of sustainable meat altern...

Plant-based meat company Tender closes $11Mn series A funding

Its latest partnership with Clover Food Lab brought Tender products to all Clover locations in May 2024 Tender Food Inc., a food technology startup based in Somerville, Massachusetts, has successfully closed over $11 million in Series A funding. Led by Rhapsody Venture Partners, with existing in...

Investing in sustainable and resilient agrifood systems required for APAC: ADB

Identifying rural development and food security as an operational priority under ADB’s Strategy 2030 was appropriate given the needs of its developing member countries The Asian Development Bank (ADB) needs to prioritise building resilient and sustainable agrifood systems to achieve its object...

Mondelēz to invest $5Mn in biscuits and baked snacks category in Singapore

The Lab and Innovation Kitchen will serve as a strategic Centre of Excellence and regional hub driving creative development and innovation in the biscuits and baked snacks category Mondelēz International announced the inauguration of its Regional Biscuit and Baked Snacks Lab and Innovation Kitc...

Kelpi secures £4.3Mn funding to take seaweed packaging to market

The funds will be used to advance manufacturing pilots and gain regulatory approval for proprietary coatings for paper and cards as well as continue a commercial roll-out which has already seen us win R&D contracts with global leaders like L’Oréal, Diageo, and Waitrose Kelpi has secured Â...

Sirio sees surging revenues driven by rapidly rising international sales

Overall turnover has risen to $508m [€469m] during 2023 – up 42.87 per cent year-on-year Sirio Pharma (SIRIO) the global nutraceutical contract development and manufacturing organisation (CDMO) announces record revenues at Vitafoods Europe with international sales reaching near parity wit...

Australia’s CSIRO invests $20 million to drive SME innovation

The funding will allow CSIRO’s SME Connect team to support up to 750 SMEs through a range of programs and initiatives that provide facilitation, training, dollar-matched funding and support to start-ups and SMEs seeking to engage in company-led research projects Australia’s national science ...

Swedish startup Ironic Biotech raises €1Mn to address iron deficiency and anaemia

The team is now looking for partners in the food and food supplement industry to work with Swedish biotech startup Ironic Biotech has successfully closed a pre-seed funding round of €1M, led by Nordic Foodtech VC. Ironic Biotech has discovered a new generation of plant-derived proteins th...

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