The MoUs are to guide collaboration between the federal ministry of science and technology with the three companies on commercialization of the R&D breakthroughs. The federal government in Nigeria has signed memorandum of understanding with three indigenous companies for commercialization of indigenous research breakthroughs on food production. They include: Tiger[Read More…]
World News
8fit closes series A funding
The 8fit app combines High Intensity Interval Training (HIIT) and yoga workouts designed with wholesome, nutritious meal plans. 8fit, a popular health and fitness app that offers tailored workouts and meals plan, has raised $7 million in Series A funding. Backing the round are VCs Creandum and Eight Roads Ventures.[Read More…]
Nestle acquires majority stake in Blue Bottle Coffee
It will boost Nestlé’s position in the US coffee market, the largest in the world. Nestlé has acquired a majority stake in California-based Blue Bottle Coffee as the Swiss conglomerate aims to bolster its presence in the high-end coffee market. The world’s largest food and drinks company is understood to[Read More…]
Iconic Protein secures $8 million investment
Iconic plans to use the funding to build out its senior leadership team and invest in product innovation. Iconic Protein, maker of protein beverages made with grass-fed dairy, has raised $8 million in a funding round led by private equity firm KarpReilly. Bill Moses, co-founder and former chief executive officer[Read More…]
Lipofoods launches NEWCAFF microcapsules for athletes
NEWCAFF microcapsules is available in two caffeine concentrations of 60 and 75 per cent, providing different release profiles depending on customer preferences. Lipofoods, SLU, launches NEWCAFF microcapsules, a natural, slow-release caffeine formulation for athletes and others living an active lifestyle. The company will introduce NEWCAFF microcapsules at SupplySide West, Las[Read More…]
KSU teams up with PepsiCo for nutrition
The partnership will leverage the university’s research strengths across multiple food and life sciences fields. Kansas State University has entered into an agreement with PepsiCo, Inc. to focus on making nutritious food and beverage products more affordable and accessible. As part of the collaboration, the university’s faculty and students will[Read More…]
3M Expands Food Safety Offerings
The acquisition adds more than 30 allergen-specific lateral-flow and enzyme-linked immunosorbent assay test kits to 3M Food Safety’s existing total protein tests. 3M has acquired Elution Technologies, a Vermont-based manufacturer of test kits that enable food and beverage companies to help ensure their products are free from potentially harmful allergens,[Read More…]
Green Giant brings in more innovation
New Green Giant Veggie Spirals will be packaged in new PrimaPak packaging, a hybrid technology produced by a joint venture with Sonoco Flexible Packaging. B&G Foods, Inc. is expanding its line of Green Giant frozen veggie swap-ins with new Green Giant Veggie Spirals. The pasta alternatives initially will be available[Read More…]
NCC launched to ensure food safety in Liberia
The CAC is an inter-governmental body with over 180 members within the framework of the Joint Food Standards Program established by the United Nations Food and Agriculture Organization (FAO) and WHO. Since joining the Codex Alimentarius Commission (CAC) in 1971, Liberia has for the first time launched a National Codex[Read More…]
Scientists in Turkey develop new food packaging film
The nanotubes prevent oxygen from entering the film, and prevent water vapour and other gases from escaping. Scientists at Sabanci University in Turkey have developed a new packaging film with clay nanotubes and antibacterial essential oils that can prevent microbial growth and over-ripening of fruits, keeping them fresh for longer.[Read More…]