Root Beer Pops & A Baby Food Revolution: CPG News, Weeks of June 21 & July 2

by Sophie Guimaraes

5 minutes

Contents

Unioncrate's curated biweekly round-up of CPG & supply chain news. This week's news features acquisitions for Once Upon a Farm, IPO action for Zevia and Dole, and some very high-tech bottled water.

investments-acquisitions

Investments & Acquisitions

Nutreco and the Onassis Foundation have funded a $51M Series B for Scottish alt-protein brand Enough. AgFunder News

Once Upon a Farm has acquired baby food delivery startup Raised Real and plans to launch a line of frozen food. NOSH

In other baby food news, vegetable-forward frozen brand Tiny Organics has raised an $11M Series A. Food Navigator

Irish dairy brand Kerry is slated to acquire preservatives company Niacet for $1B. Food Dive

Dole has filed for an IPO. Food Dive

Better Juice has raised $8M to pilot a technology that reduces the sugar in juice. NOSH

Israeli non-GMO firm Equinom has raised $20M in a funding round to expand its global sales, marketing, and R&D efforts. Food Dive

Grocery store inventory management tool Bringg—used by Walmart, Albertsons, and more—has raised $100 in its Series E, bringing its total raised funds to over $1B. AgFunder News

Soda brand Zevia has filed for an IPO. Food Dive

Vegan gummy bear startup Yummy Bear will IPO at a valuation of $50M. Forbes

Bear’s Fruit has closed a new funding round amidst nationwide expansion. BevNET

Danone Manifesto Ventures has acquired a majority stake in leading coconut water brand Harmless Harvest. BevNET

Elite Sweets has received $2M in a recent funding round led by Siddhi Capital. NOSH

Chocolate manufacturer Scharffen Berger has returned to private ownership after being sold by Hershey. Food Dive

Eat Just has been eyeing an IPO valuation of nearly $3B. Forbes

Chinese ingredient company Layn Natural Ingredients, one of the world’s largest producers of monk fruit and stevia sweetener, will invest $148M to expand its plant-based sweetener R&D and manufacturing efforts. Food Dive

As UPSIDE Foods prepares to launch its cell-based chicken, it’s brought on Amy Chen, an SVP from PepsiCo. Food Navigator

Former Seventh Generation CEO Joey Bergstein has moved on to the top leadership position at Sabra. Food Dive

Upside Beverage Co. has revived the formerly bankrupt NessAlla Kombucha brand. BevNET

The winner of NOSH’s Pitch Slam? Empanada brand Cocina 54! NOSH

products-partnerships

New Products & Partnerships

General Mills’ new line of Good Measure bars is targeted toward consumers watching their blood sugar. Food Dive

Clif has launched a line of low-sugar, better-for-you cereals

Alden’s Organic has launched a new line of dairy-free frozen bars inspired by vintage beverages. FoodBev

Nestlé and Cinnabon have teamed up to launch a cinnamon roll-flavored nutritional drink. FoodBev

Nestlé has also debuted Mezeast, a Middle Eastern-inspired foot kit brand. FoodBev

The co-founder of Halo Top has teamed up with Epogee to launch a new low-calorie chocolate bar—called Gatsby—with their fat replacement tech. Food Dive

Jovē Wellness has launched an alkaline bottled water complete with Advanced Cellular Hydration Technology. BevNET

DoorDash is now making same-day deliveries for Albertsons and Safeway. CNET

More DoorDash news! The food delivery company is partnering with Beyond Meat to sell grilling kits before the 4th of July. FoodBev

UNSTUCK has partnered with Chobani to create jobs for refugees with a new product line. BevNET

Greenbelt Kombucha has launched a non-alcoholic, cocktail-inspired kombucha collection. BevNET

PepsiCo is set to launch Unmuddled, a line of premium cocktail mixers. Food Dive

Sparkling Ice has extended its offerings to include a superfruit line, complete with added vitamins and antioxidants. BevNET

Caffeinated bar brand Verb is making its foray into caffeinated drink mixes. NOSH

The Real Coconut has rebranded as Sana Foods. NOSH

Twisted Tea has launched a barbecue sauce inspired by the drink. Food Dive

ReGrained's SuperGrain+ flour is now certified by the Upcycled Food Association. Food Dive

The FDA has approved Nature’s Fynd fungus-based protein. Food Dive

Kellogg is expanding its partnership with Sodexo to include MorningStar Farms’ Incogmeato burgers. Food Business News

REBBL has updated its packaging to put a renewed focus on its drinks’ immunity benefits. BevNET

Hershey and Land O’Lakes are joining forces to reduce greenhouse gas emissions from dairy farms in Pennsylvania. Food Dive

supply-chain

Supply Chain News

Logistics company ShipBob has raised another $200M in its Series E, bringing its total valuation to over $1B. The Wall Street Journal

Amazon will open its second robotics-driven fulfillment center in Louisiana, creating over a thousand new jobs at the 20,000-square-foot location. Progressive Grocer

Seattle has a new zero-emissions e-commerce delivery hub that could be a model for the industry’s digital sector in the future. Fast Company

Embark Trucks Inc., a trucking firm that specializes in self-driving trucks, plans to go public with a valuation of $5.2B. The Wall Street Journal

The national supply crunch is likely to extend into 2022. The Wall Street Journal

Target has pledged to keep its products out of landfills and create net-zero emissions by 2024. CNBC

No Evil Foods has made a pivot to co-manufacturing after laying off its production staff. NOSH

Walmart has been leveraging AI to substitute products on its shelves during periods of stockouts. Progressive Grocer

UNFI has a new growth strategy composed of six pillars: fulfill power in scale, unlock the customer experience, taste the future, UNFI pride, retail optimization, and earn results. Supermarket News

After shipping lags due to surges of pandemic-driven orders, FedEx has been overwhelmed, and customers have experienced delays; the company is boosting its 2021 CAPEX by 22% in an effort to combat that. The Wall Street Journal

Kroger has opened two new automated cross-docking facilities in Florida, which will be working in tandem with their Groveland, FL customer fulfillment hub. Supply Chain Dive

Plastic made from vegan spider silk? That might be in the cards for the future. Food Navigator

good-reads

Good Reads

We all saw a rise in at-home cooking during the pandemic, but Kroger predicts the trend will continue into the next year. Supermarket Perimeter

May saw a 16% drop in e-commerce grocery sales. Grocery Dive

Read about how two different CPG brands tackled manufacturing challenges. Consumer Goods Technology

Nielsen reports that sales of non-alcoholic beverages have been booming—and they’re only on the rise. BevNET

Small businesses won big on Prime Day. Winsight Grocery Business

Speaking of Prime Day: The official back-to-school season for CPG used to start around mid-July, but the unofficial retail holiday has pushed it earlier. Modern Retail

And, finally, consumer confidence is back on the ups. Market Watch

About Unioncrate

Unioncrate is an AI-powered Supply Chain Planning Platform that gives CPG brands the technology they need to compete and win in a rapidly changing consumer landscape. Our automated demand and supply forecasts deliver unmatched accuracy, collaborative visibility, and actionable intelligence, simplifying a manual-heavy process and slashing hours from your week.

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