Archives for October 3, 2023

Whipnotic whips up $2.5m in seed funding to fuel growth, adds two new flavors

Whipped cream brand Whipnotic has raised $2.5m in seed funding to grow its retail distribution as demand for better-for-you dairy products and indulgences increase, brand co-founder and CEO Lori Gitomer told FoodNavigator-USA.

Instacart expands access to food as medicine by partnering with Alignment Healthcare, InComm Payments

Instacart and Alignment Healthcare will offer co-branded Medicare Advantage plans in 2024, which will allow participating consumers in qualifying counties to be reimbursed by Medicare Advantage, Medicaid and other eligible programs for “eligible...

Canada launches $333m fund to compensate dairies for lost market share

The funding will provide non-repayable compensation to dairy producers and processors who have lost market share due to concessions made by the Canadian government in trade deals such as the CPTPP, the Canada-EU agreement and the Canada-US-Mexico trade deal.

M&As

Mondelēz completes sale of gum business to Perfetti Van Melle Group

Mondelēz International has announced it has completed the sale of its developed-market gum business in the United States, Canada and Europe, excluding Portugal, to Perfetti Van Melle Group.