Despite declining sales and investment in the alternative protein industry in recent years, the segment is seeing early green shoots that suggest category stakeholders may be clawing their way out of the trough of disillusionment and up the other side of the Gartner Hype Cycle to the promise of full integration.
A $68m investment in plant-based snack company ALOHA by growth equity firm SEMCAP Food & Nutrition buys out early angel investors and will “help ALOHA’s able-bodied management accelerate its distribution and growth in traditional retail channels,” Brad Charron, CEO, ALOHA, told FoodNavigator-USA.
A $68m investment in plant-based snack company ALOHA by growth equity firm SEMCAP Food & Nutrition buys out early agnel investors and will “help ALOHA’s able-bodied management accelerate its distribution and growth in traditional retail channels,” Brad Charron, CEO, ALOHA, told FoodNavigator-USA.
CPG founders from natural brands Wildway, Mother Kombucha, and Lil Bucks shared their strategies for securing funding in a tighter capital market during a recent Naturally Chicago webinar.
Serial entrepreneur Craig Dubitsky has partnered with award-winning actor Robert Downey Jr. to launch happy, a coffee brand leveraging a modern design and a mission to improve mental health to distinguish it from the competition.