Tyson Foods Inc., the largest U.S. meat company by sales, on Monday said it took a 5% stake in Beyond Meat, a purveyor of plant-based burger patties that seek to replicate the taste and sizzle of ground beef. read full article
Topic: Venture Capital
Terramera Inc., a Vancouver, Canada-based company with a technology for pest and disease control, raised a venture capital funding round.
The amount of the deal was not disclosed.
The company intends to use the capital to get products to market and increase R&D efforts.
Backers included Ikea GreenTech, an IKEA Group venture capital company, Seed 2 Growth Ventures (S2G), ACA Investments, Bold Capital Partners, Renewal Funds, Maumee Ventures and Export Development Canada (EDC). read full article
Blue Prairie Brands Inc., a Scottsbluff, Neb.-based “functional food” startup, has raised $6 million in Series A funding. S2G Ventures led the round, and was joined by Middleland Capital, DSM Venturing, Invest Nebraska and an unidentified “strategic venture fund.” read full article
Good Eggs, a San Francisco, CA-based online market that delivers groceries to customers’ homes, raised $15m in vc funding. Backers included Index Ventures, Obvious Ventures, Uprising, DNS Capital, Collaborative Fund, S2G Ventures, and some angels. read full article
With cereal sales taking a dive over the last three years, according to Nielsen, and younger consumers, in particular, gravitating toward healthy, organic snacks or fresh fruits and vegetables, CPG giants are looking for ways to innovate and enter new product categories. read full article