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Latinx Clean Beauty Brand Ceremonia Surpasses $100k in Revenue in First 100 Days

Press release content from PR Newswire. The AP news staff was not involved in its creation. Latinx Clean Beauty Brand Ceremonia Surpasses $100k in Revenue in First 100 Days May 5, 2021 GMT None NEW YORK, May 5, 2021 /PRNewswire/ -- Ceremonia, the clean hair care brand rooted in Latinx heritage, launched in October 2020 with a clear mission: to cater to the diversity of the Latinx community and in turn, cultivate inclusivity for the often-overlooked demographics in the beauty space. Six months l...
United States Dominican Republic Prnewswire Ceremonia Brian Thorne Babbac Rivera Elizabeth Galbut
Source: apnews.com

VMG Partners raises $850M for new growth fund

Dive Brief: Private equity firm VMG Partners announced the close of an $850 million fund, VMG Growth Fund V, according to a press release sent to Food Dive. This brings the San Francisco-based firm’s total assets under management to roughly $2.6 billion. VMG will provide early-stage funding, as well as startup support to portfolio companies. It provides guidance on strategies, from scaling brand awareness to optimizing manufacturing and supply chain operations. In addition, VMG reports it ha...
United States Ashton Kutcher Growth Fund Whole Foods Dive Brief San Francisco Based

PepsiCo and Beyond Meat® Establish The PLANeT Partnership, LLC, a Joint Venture to Introduce New Plant-Based Protein Offerings

PepsiCo, Inc. (NASDAQ: PEP)  and Beyond Meat, Inc. (NASDAQ: BYND) today announced they will form The PLANeT Partnership, LLC (TPP), a joint venture to develop, produce and market innovative snack and beverage products made from plant-based protein. The joint venture will leverage Beyond Meats leading technology in plant-based protein development and PepsiCos world-class marketing and commercial capabilities to create and scale new snack and beverage options. Financial terms of the partnership...
United States Ethan Brown Ram Krishnan Carrie Ratner Pepsico Meat Inc Exchange Commission

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