Archives for January 26, 2021

HIPPEAS raises $50m: 'We have grown from a disruptive start-up to a true challenger brand'

Chickpea-fueled snack brand HIPPEAS has raised $50m from investment house The Craftory Limited in a financing round consisting of direct investment and secondary purchases of shares from existing shareholders including CAVU Venture Partners.

Quantis leverages satellite tech to map crop footprint: ‘It fills a giant knowledge gap’

Quantis is launching geoFootprint, a digital tool that the company describes as the ‘first’ to use satellite technology to map the environmental impact of food production on an interactive map. The innovation holds the key to ‘smarter, science-driven...

Are you label ready for Natasha's Law? Snacks-to-go providers reminded of allergen labelling deadline

Bureau Veritas has sent out a reminder that regulations to make allergen labelling compulsory for snacks-to-go comes into effect in October in the UK.

Ecuadorian sustainable snacking brand gets another cash injection

UK investment firm S-Ventures has acquired a majority share of plantain snacks producer We Love Purely to propel further growth into the mainstream snacking sector.

POTS 2021

‘Know who to target’: How AI technology could improve consumer acceptance to palm oil – study

Experts have suggested that the palm oil industry and food firms manufacturing palm oil-containing products use the power of artificial intelligence (AI) technology to identify the right consumer segments and methods to sway sentiment back in their favour.