This move is expected to expand the company's distribution network and contribute to the growth of the Indonesian economy
Singapore-based Apical, a leading vegetable oils processor with an expanding global footprint, has announced that it has invested $1 billion in Dumai, Ria...
Following their successful funding round - which was led by venture capital firm Agfunder - the Umaro Foods team is aiming to diversify its product range, along with expanding its technology platform for processing seaweed
Umaro Foods, an alternative protein company based in Berkeley, California...
Oishii aims to make vertical farming mainstream in the United States and is the only vertical farm in the country that sells strawberries year-round
Vertical farming startup Oishii has raised $134 million in its Series B funding round. The funding was led by Japan's leading telecommunications co...
ADB’s financing will provide long-term local currency funding to support Credo
The Asian Development Bank (ADB) and Credo Bank have signed a loan of 65 million lari ($25 million). The loan will support lending activities to micro, small, and medium-sized enterprises (MSMEs), with a specific fo...
Kitchens@ has played a pivotal role in shaping the landscape of the cloud kitchen segment in India
Kitchens@, a leading powerhouse in the dynamic cloud kitchen industry, announced the successful acquisition of $65 million in funding from Finnest, an emerging growth investment firm hea...
The EIC has tapped FGen and partners to work on developing a sustainable, alternative approach to milk production using only CO2Â and electricity
FGen AG, a subsidiary of Ginkgo Bioworks, based in Switzerland, has been awarded funding through the European Innovation Council's (EIC) Pat...
ADB supported the Ministry of Agriculture and Forestry in raising $10 million in grant financing from the global agriculture and food security program
The Asian Development Bank (ADB) signed a $10 million grant with the Government of the Lao People’s Democratic Republic (Lao PDR) to strengthen...
A co-branded credit card that will make grocery shopping, dining, and lifestyle spending more rewarding
Union Bank of the Philippines (UnionBank) has teamed up with S&R, the largest membership-only grocery chain in the country, for a co-branded credit card that will make your groce...
Together, they made new commitments totalling $200 million in response to immediate and long-term threats to food security and nutrition caused by climate change
The Bill & Melinda Gates Foundation joined the United Arab Emirates (UAE) to accelerate the development of innovations that wi...
The $2 million annual fund will propel initiatives to help shape a thriving world through the goodness of kiwifruit
Zespri, the world's largest kiwifruit marketer with over $2.5 billion in revenue announced the establishment of an innovation funding initiative, known as&nbs...
The initiative is intended to help address food insecurity in Africa, which includes a nearly 20 per cent hunger rate, by reducing dependence on other regions for much-needed food commodities
The African Export-Import Bank (Afreximbank) in Cairo, entered into a framework agreement for the Export...
These record-high figures indicate a continuous improvement in Yili's core business capabilities
China’s Yili Group released its financial results for the first three-quarters of FY2023. During the reporting period, the company's revenue amounted to 97.404 billion yuan ($13.32...
Strategic partnership with MHP SE, with investments surpassing SAR 200 million, and MoU with Vibra Agroindustrial S.A., targeted towards enhancing food security in the country
Saudi Arabia-based Tanmiah Food Company, a market-leading provider of fresh and processed poultry and other meat produc...
The sales growth over last year is 1 per cent, the 24-month growth is 23 per cent. Britannia’s Operating Profit stood at Rs 801 Crs, growing 21 per cent over last year, with the 24-month growth at 58 per cent
Britannia’s Consolidated Sales for the Quarter ended 30th September 2023 stood at R...
Starbucks, the globally renowned beverage brand owned by Tata, reported a robust revenue growth of 14 per cent for the quarter
Tata Consumer Products Ltd. (TCPL) recorded a net profit of INR 359.18 crore for Q2 FY23. The company's net revenue grew by 11 per cent YoY to INR 3,734 crore. Revenue f...
Breakthrough Victoria’s investment is part of a $24.4 million Series A investment round, which includes Main Sequence Ventures, Orkla, Digitalis Ventures, Possible Ventures and Radar Ventures
Breakthrough Victoria will invest up to $6 million in animal-free dairy company Eden Brew’s Series A...
The new platform will build and support sustainable food production and distribution systems in Africa
IFC and OCP Group, the world’s largest phosphate-based fertiliser producer launched an agri-finance platform to mobilise $800 million of blended capital by 2030. The new platform will build a...
