Coastal Seafoods has grown revenues and EBITDA since its founding. Coastal Seafoods, a New Zealand-based processor, distributor and exporter of premium seafood products, is seeking to list on the Australian Securities Exchange by way of a reverse takeover of xTV Networks Limited. In connection with this transaction, on 24 May 2019 the Company lodged a Prospectus with[Read More…]
Finance
Aleph Farms secures US$12M
The injection of capital will allow Aleph Farms to accelerate product development of its slaughter-free meat and to transform Aleph’s prototype (released last December) into a commercial product. Aleph Farms, co-founded by The Kitchen Hub, the first company to grow real meat cuts directly from cattle cells, announces it has raised[Read More…]
Planet Green enters into an agreement to acquire Xianning Bozhuang Tea Products
Pursuant to the Share Exchange Agreement, the Company will issue an aggregate of 1,080,000 shares of common stock of the Company to the Sellers in exchange for the transfer of all of the equity interest of the Target to the Subsidiary. Planet Green Holdings Corp. has announced that the Company and[Read More…]
AAK Invests in its China facility to expand its nutrition, bakery sector
The investments, estimated at approximately SEK 300 million Eighteen months after inaugurating its production facility in Zhangjiagang, China, AAK has decided on some significant add-on investments to increase capacity and support volume growth for, in particular, its Special Nutrition and Bakery segments. “China is a key growth market for AAK and the[Read More…]
Thailand biotech firm raises Pre-Series A funding from 500 Startups
JuiceInnov8 has closed a pre-Series A funding led by 500 Startups, making the total amount raised (including Seed Round and grants) at US$1.2M to date Thailand based JuiceInnov8, a Bangkok based deeptech startup in food biotechnology space, has closed a pre-Series A funding led by 500 Startups (500 Durians and[Read More…]
COFE app raises $3.2 M in Pre Series A Funding
COFE App was founded in the summer of 2017 by Mr. Ali Al Ebrahim. Early funding for the app was generated by him and other investors who are coffee enthusiasts Kuwait-based COFE App, a coffee-centric marketplace app, announced today that it has secured USD 3.2 million in their Pre-Series A funding, attracting[Read More…]
Celsius Holdings to establish royalty license agreement in China
Under the agreement, Qifeng Food will be granted the exclusive license rights to manufacture, market and commercialize Celsius Branded Products in China. Celsius Holdings Inc., a global maker of the leading global fitness drink, CELSIUS, has announced that they have executed a definitive agreement to establish a royalty license and[Read More…]
Cargill expands in Pakistan by investing $200M
The company’s strategy includes expansion across its agricultural trading and supply chain, edible oils, dairy, meat and animal feed businesses while ensuring safety and food traceability Cargill renewed its long-standing commitment to Pakistan by announcing plans to invest more than US$200 million in the next three-to-five years. The announcement was made[Read More…]
Alchemy Foodtech raises S$2.5m in pre-series A funding
The start-up aims to partner food manufacturers in the region to create low-GI and hence healthier versions of their products SINGAPORE start-up Alchemy Foodtech has raised S$2.5 million in pre-series A funding, which will accelerate its development of lower glycemic index (GI) food staples and the commercialisation of proprietary functional ingredient[Read More…]
Nutritional High announces financial results for Q1 2019
The Company has significantly bolstered its management team with the appointment of Mr. Tom Siciliano as President, effective December 10, 2018 and Mr. Michael DiNapoli as Chief Financial Officer, effective January 1, 2019. Nutritional High International Inc. announces financial and business results and wishes to provide highlights and comments on[Read More…]
