Rumors of Thrive Market’s long-awaited IPO seem to be coming closer to fruition.
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Rumors of Thrive Market’s long-awaited IPO seem to be coming closer to fruition.
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The Minnesota-based supply chain solutions company focused on organic, non-GMO and regenerative food and feed has filed for Chapter 11, which is causing a headache for growers of organic grain.
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Huge congrats to CEO Bob DeBorde — who has taken the brand to unprecedented heights — and to founders Jeff Church, James Brennan and Eric Ethans on the sale of the company to Paine Schwartz Partners. What Suja Organic accomplished is incredibly impressive. Not only did it play a leading role in taking cold-pressed organic juice to the masses, but it thrived in an extremely competitive category. An amazing run so far and much more to come.
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New data from Placer.ai tracking foot traffic at America’s leading food retailers shows that traffic at Whole Foods – while rebounding – remains lower than it was in 2019, while many rival grocers have staged a stronger recovery.
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Zevia says it was the top-selling carbonated soft drink brand on Amazon in 2020.
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Huge congrats to founders Justin Guilbert and Douglas Riboud, and to current CEO Ben Mand, who is doing a masterful job. Justin and Douglas have another hit on their hands with Goodfish.
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The NYC-based organic baby food company closed on a round from Springdale Ventures, InvestEco, Silas Capital, Gary Vaynerchuk and others.
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The organic and Non-GMO baby and toddler food brand raised $7M from CircleUp Growth Partners, Wild Ventures, Thrive Market’s Nick Green and Gunnar Lovelace, and other individuals.
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In a very smart acquisition, Once Upon a Farm has purchased direct-to-consumer frozen organic baby and toddler brand Raised Real for an undisclosed sum.
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Hungryroot, an online grocer that uses artificial intelligence to build shopping carts for customers, has raised $40 million in a round led by L Catterton.
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The 9-year-old wine club announced the purchase of Natural Merchants, a top importer of organic and vegan wines from Europe and South America.
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New Barn Organics has sold its assets to egg producer NestFresh in a move that will allow the two companies to offer retailers — and consumers — a larger suite of fresh items.
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Canada-based Above Food has acquired Farmer Direct Organic, which offers legume proteins and grains that are certified organic.
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Sambazon has just secured a $45 million investment from Nextworld Evergreen LP, the consumer-focused growth equity fund of San Francisco-based Nextworld LLC.
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In a letter to team members the other day, Whole Foods said that it is merging its global and regional merchandising teams into a single team that will support purchasing across the entire company.
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Thrive Market has set a goal to be zero waste certified in 2022, plastic neutral by 2023 and completely carbon negative by 2025.
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Private equity firm Butterfly has taken a control position in the New Hampshire-based organic egg producer.
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In what has to be a first, American Kara Rosen starts and successfully exits her organic, cold-pressed juice and nut milk company in the UK.
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For $12M, Laird Superfood has purchased the maker of organic and natural snack products.
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This certified organic lager is now brewed with 100% renewable electricity from solar power, the first beer within the Anheuser-Busch U.S. portfolio to make this distinction.
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Albertsons will accept – to an extent – price increases that several large CPG players have warned in recent weeks are coming down the pike.
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With this funding, the company will be expanding its product offerings and opening facilities on the West Coast.
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In this $33M acquisition, SunOpta has further bolstered its plant-based product offerings.
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Led by District Ventures Capital, InvestEco Capital and Export Development Canada, the Canadian organic chickpea pasta brand will use the funds for new product innovation and to increase distribution across Canada and the U.S.
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