Posts by Carol Ortenberg
Today, David Barber, co-owner of restaurants Blue Hill and Blue Hill at Stone Barns, announced the launch of Almanac Investments, a $30 million fund for agriculture and hospitality technology, CPG, and experiential retail companies.
Today, “ultra-fresh” food and beverage producer Urban Remedy announced it had closed a $17 million round of capital, with General Mill’s venture arm, 301 Inc, leading the round.
This week at Project NOSH, we’re looking at the top stories in technology and welcoming the robot overlords that will soon make our coffee, program our retail end-caps and sample products.
Helio, the proprietary machine learning investment algorithm developed by CircleUp to identify potential investment targets, has a new part-time gig. It’s been farmed out over the past year to a set of retailers to help them stock shelves with undiscovered but potentially worthy products.
On Monday, ginger-focused food and beverage company Reed’s Inc. announced it had begun the process to sell both its manufacturing facility in Los Angeles, Calif and its confectionary line.
Roughly two years ago, Krave Jerky founder Jon Sebastiani declared his plan to transform Sonoma, Calif. into a CPG mecca with the launch of investment and incubation group Sonoma Brands. Today, with the announcement of a new fund and new capital invested in his snack brand Smashmallow, Sebastiani looks to be well on his way to fulfilling this goal.
Today Icelandic-style yogurt producer siggi’s announced its sale to global dairy company Lactalis. Siggi’s says its products, known as “skyr,” comprise the fastest growing yogurt in conventional grocery.
Seaweed-focused food brand Ocean’s Halo is ready to conquer another center store category with the debut of organic, gluten-free, soy-inspired, but soy-free sauces.
This year was filled with brand consolidations, new line creations and engaging conversations around how the natural products industry could continue to grow — and Project NOSH covered it all. Here are the most read stories on NOSH over the past year.
Yesterday, Canadian natural food company GreenSpace Brands announced it had acquired Galaxy Nutritional Foods, the producer of Go Veggie plant-based dairy products, from investment firm Mill Road Capital. The deal allows GreenSpace to bring their other Canadian brands to U.S. stores and enter the plant-based dairy category.