Forager Project, a San Francisco-based producer and marketer of organic, plant-based food and beverages, has received a minority investment from Danone Manifesto Ventures, to continue to build its portfolio of innovative products, enhance sustainable sourcing and production, increase brand awareness, and widen distribution. Danone Manifesto Ventures launched in 2016 with the mission to support innovative and healthy food and beverage companies, and partners with disruptive entrepreneurs that share its vision of a healthy and sustainable future.
Forager Project is a family-owned and operated organic food company that has been crafting plant-based foods in California since 2013. The company has developed a broad portfolio of organic plant-based products including yogurt, milk, sour cream, half & half, as well as a range of protein and probiotic shakes.
Danone Manifesto Ventures believes Forager Project is a unique brand with strong potential in the fast-growing plant-based space. “Forager Project and Danone have highly aligned values focused on improving human and planet health through food, and a shared commitment to sustainable, enduring business growth,” said Laurent Marcel, CEO of Danone Manifesto Ventures.
Dean Foods has announced that it and substantially all of its subsidiaries have initiated voluntary Chapter 11 reorganization proceedings in the Southern District of Texas.
The World Food Prize Foundation has named Barbara Stinson as president of the organization, effective Jan. 4, 2020.
Mooala, a maker of premium, organic, dairy-free beverages and creamers, has completed a $8.3 million series A equity financing.
Kemin Industries, a global ingredient manufacturer, has opened an innovation and technology center at its regional headquarters in Zhuhai, China.