Pet Supplements Aplenty & Big Plans for Instacart
Contents
Unioncrate's curated biweekly round-up of CPG & supply chain news. This week's news features three new stories on the pet supplement front, mac and cheese-flavored ice cream, and some nationwide distribution for Honey Mama's and Fly By Jing.
investments-acquisitions
Investments & Acquisitions
Zevia has debuted on the market with a $14 share price. Food Dive
Snack maker Quinn has raised a $10M Series B, led by NewRoad Capital Partners. Food Dive
DTC dog supplement brand Front of the Pack has raised a $10M Series A, led by Stride.VC. Pet Food Processing
Another pet supplement company, PetHonesty, is slated to sell a majority stake to Vestar Capital Partners for an undisclosed sum. PR Newswire
And yet another pet supplement company, AnimalBiome, has been acquired by Cargill. Pet Food Industry
Fresh baby and toddler food brand Little Spoon has raised $44M in a recent funding round, led by Valor Equity Partners. NOSH
NotCo has raised $235M in its Series D, led by Tiger Global. Food Business News
The New Primal has raised $15M from investor Manna Tree to expand past the meat-based snack category. NOSH
Peeled Snacks, which went into bankruptcy during the peak of the pandemic, has been bought by the founder of Deep River Snacks and ESM Capital. NOSH
Infant formula brand ByHeart has raised $90M in its Series D. Nutrition Insight
AI startup Protera, who creates proteins meant to replace preservatives in shelf-stable food, has raised $10M in their Series A, led by Europe-based Safoinnova Partners. Food Navigator
Plant-based brand Wicked Kitchen has raised $14M in its Series A. Food Navigator
Undercover Snacks has raised $13.7M in a recent funding round. NOSH
Organic foods brand Urban Remedy has raised an $18M Series D. FoodBEV
ADM is acquiring non-GMO soy product producer Sojaprotein for an undisclosed sum. Food Dive
The final step of Dole’s merger with European produce company Total Produce is raising money via public offering; $DOLE is now live on the market. NOSH
products-partnerships
New Products & Partnerships
DTC meal prep brand HelloFresh is launching an online marketplace. Winsight Grocery Business
MycoTechnology and Planterra are teaming up to expand Planterra’s Ozo product line. Food Dive
RX is launching a line of protein-enriched cereals. Food Dive
Truss CBD USA is rolling out Verywell, its new wellness drink, in Colorado. BevNET
This fall, Impossible Foods will be launching plant-based chicken nuggets. Food Dive
Kraft Heinz and Van Leeuwen have partnered to create Kraft Macaroni and Cheese-flavored ice cream. Food Dive
Famously vegan Gordon Ramsay is now the face for Silk’s oat milk line. VegNews
Shrubbly, a sparkling vinegar drink similar to kombucha, has debuted on the non-alcoholic sparkling beverage market. BevNET
OLIPOP has launched a new flavor: Classic Grape. BevNET
Nature’s Path has launched a line of no-sugar granola. Food Business News
Nestlé and Starbucks are extending their collaboration across several product lines. Consumer Goods Technology
Vita Coco’s parent company All Market Brands is now a Public Benefit Corporation. Food Ingredients First
Dole is launching functional product lines Fruitify beverages and Essentials fruit cups. Food Business News
Crafty Counter is about to launch Wundereggs, the first plant-based hard-boiled egg. Food Navigator
Kombucha maker Health-Ade has rebranded its Pop line. BevNET
Ulta is partnering with Target to launch in-store locations, the first of which will open in August. Retail Dive
Uber is expanding its grocery delivery to 400 cities. The Verge
supply-chain
Supply Chain News
Instacart is planning to operate fulfillment centers for supermarkets to expedite DTC food delivery. The Wall Street Journal
Coffee prices are still surging, and it could create a ripple across the CPG industry. Food Dive
Honey Mama’s chilled cocoa truffle bars have gained distribution in Whole Foods nationwide. Food Navigator
Fly By Jing has gained distribution in Target, Whole Foods, and Costco. Forbes
SpartanNash has opened a new fulfillment center in Caledonia Township, Michigan. MLive
Wicked Kitchen has gained distribution at 2,500 Kroger and Sprouts locations across the country. Food Dive
Researchers at Göttingen University in Germany have figured out how to turn Cornflake byproducts into sustainable packaging. Food Navigator
Procter & Gamble is experimenting with using eco-friendly paper packaging for its Lenor fabric care brand. Consumer Goods Technology
Associated Wholesale Grocers will be Coborn’s primary distributor starting in 2022. Supermarket News
good-reads
Good Reads
Covid cases are on the rise again… and it seems like a second wave of CPG panic-buying is upon us. Grocery Dive
Over half of consumers have changed their shopping habits to adjust to new waves of inflation. Food Navigator
Hear about how Hain Celestial CEO Mark Schiller reinvigorated the CPG giant. Food Dive
The cookie and cracker categories are holding fast, and Mondelez is profiting big-time. MarketWatch
And finally, Jones Soda is animating its labels with augmented reality. Consumer Goods Technology
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