Finance

Wada FoodTech raises $5Mn to scale up hot-chain decentralised foodservice platform

The investment will fuel the expansion of its decentralised foodservice platform in Japan and other premium markets Wada FoodTech, a pioneering hot-chain decentralised foodservice platform, has secured $5 million in a Pre-A3 funding round, co-led by MindWorks ETEC Fund and Golden Resources Development International Limited (HKG:0677). This brings Wada FoodTech’s[Read More…]

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SEDCO Holding and Bugshan Investment complete sale of Arabian Farms to Al Ain Farms Group

The company was also the UAE’s first and only producer of pasteurised eggs, and the first mover in the nutrition-enriched table egg category in Saudi Arabia SEDCO Holding, a leading Saudi investor, and Bugshan Investment, the investment arm of the Bugshan family office, announced the completion of the sale of[Read More…]

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PepsiCo completes acquisition of poppi

This acquisition marks a significant step in PepsiCo’s ongoing transformation of its portfolio PepsiCo announced that it has closed the acquisition of poppi for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes a performance-based earnout contingent on achieving certain performance[Read More…]

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Thailand’s first animal-free dairy startup MUU secures strategic investment

The funding will fast-track MUU’s mission to revolutionise the dairy industry in Southeast Asia and beyond through precision fermentation technology MUU, Thailand’s pioneering animal-free dairy biotech startup, has announced a new round of strategic investment from A2D Ventures, Leave a Nest Japan, and a major Japanese food conglomerate. The funding[Read More…]

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