The venture capital arm of General Mills, 301 Inc., led a $6 million round in organic kale chip company Rhythm Superfoods. The Austin-based producer of organic snacks is on track to do $20 million in revenues this year.
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The venture capital arm of General Mills, 301 Inc., led a $6 million round in organic kale chip company Rhythm Superfoods. The Austin-based producer of organic snacks is on track to do $20 million in revenues this year.
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Private equity firm San Francisco Equity Partners has taken a majority stake in Red Monkey Foods, a leading provider of organic spices and seasonings. Red Monkey Foods was named by Inc. 500 as one of “America’s Fastest Growing Private Companies.”
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A cool story in Forbes of how Barnana got started and how it has quickly grown, all with the mission of not letting unwanted bananas go to waste.
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A fascinating development out of Europe, where organic seals made with stickers might be a thing of the past. Laser markings will be tested on organic sweet potatoes and avocados.
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Hain Celestial has just agreed to a joint venture with India-based Future Group and intends to market its natural & organic products in that country. Expect to see brands such as Terra, Garden of Eatin’, Sensible Portions, Dream and Earth’s Best in India sometime soon.
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With schools across the country taking a hard look at how they are procuring food, organic lunches could be here pretty soon. What an amazing prospect!
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While The Organic Coup is the country’s first certified organic fast-food restaurant, Nic’s in Chicago claims to be the the country’s first certified organic fast-food restaurant with a drive-thru. I hope these two companies inspire other entrepreneurs to get in the certified organic restaurant business. Consumer demand is enormous.
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With the “food as medicine” philosophy taking hold, it isn’t just nutritionists or dietitians becoming fixtures at supermarkets. Now, it’s doctors, too.
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Gene-editing technology is now being used on food, and regulatory oversight and mandatory safety studies are practically non-existent, not to mention a lack of labeling. The only good news is that this technology has been banned in organic.
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Kuli Kuli, which sells organic moringa powder, drinks and bars, just completed a $4.25M Series A led by eighteen94 captial, the VC arm of Kellogg. Congrats to my friend and CEO/Founder Lisa Curtis on this financing.
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After many months of delays, The White House Office of Management and Budget has signed off on the proposed organic animal welfare standards. While far from perfect, they are certainly an improvement over existing rules. Now, the standards must be published by the USDA in the Federal Register before January 20th in order to go into effect.
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Nora Pouillon, founder of Nora’s, Washington D.C.’s only and one of the country’s first certified organic restaurants, has been given the James Beard Lifetime Achievement Award. This is such deserving recognition to a true pioneer, who will be greatly missed as she heads into retirement.
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Martime College in Maine is taking organic clothing to the next level, by having its athletes wear organic uniforms. Maybe this will inspire other schools and universities to do the same.
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Here are some predictions on how Millennials will impact food in the coming year. Not surprisingly, technology is a big influence.
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Good to see that Delta is testing out organic and Non-GMO options. It shouldn’t be long before others follow suit.
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Arguably the most influential VC firm in Silicon Valley, Sequoia Capital, is close to taking a majority stake in Sresta Natural Bioproducts, India’s leading organic food company.
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Nielsen breaks down the 10 most popular fresh organic foods last year. The distance between #1 and #2 is a shock.
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One of the industry’s most influential CEOs on what he thinks will happen this year. Very interesting read.
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Jeremiah McElwee, VP of Purchasing and Merchandising at Thrive Market, talks about what he looks for when taking on a new product and also discusses the trends that he is seeing.
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With Whole Foods moving to a centralized buying model, some are speculating that food start-ups may face serious problems getting on store shelves.
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The Today Show did an interesting segment on how organic produce distributor Baldor’s is putting 100% of its food scraps to good use.
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Japan is looking to tighten its GMO-labeling laws, which currently have a threshold of 5%. The EU and Non-GMO Project both use a threshold of 0.9%.
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A cool story about how an American from Ohio created the first organic coffee farm on these treasured islands in Ecuador.
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Hunt’s Tomatoes posted a video proudly advertising that its tomatoes are Non-GMO. Needless to say, the pro-GMO community wasn’t happy about this.
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