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Springdale Ventures expands first fund to $25M

Springdale Ventures' portfolio of companies includes Cece's Veggie Co. and more.
October 25, 2019
Springdale Ventures, Austin, Texas, announced plans to expand its first fund to $25 million based on achieving close to nearly $20 million in 6 months.
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Smithfield Foods, Dominion Energy to become largest U.S. renewable natural gas supplier

Dominion Energy and Smithfield Foods formed Align RNG in November 2018, committing $250 million over 10 years to capture methane from Smithfield’s company-owned and contract hog farms and convert it into clean RNG.
October 23, 2019
Smithfield Foods, Inc., Smithfield, Va., and Dominion Energy, Richmond, Va., are doubling their investment in renewable natural gas (RNG) projects across the United States to $500 million through 2028.
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Tetra Pak Poland site

Tetra Pak invests €25M in world-class cheese production center in Poland

The center has full-scale engineering capabilities, from cheesemaking process design to mechanical, automation and electrical engineering to manufacturing of processing solutions itself.
October 23, 2019
Tetra Pak, Vernon Hills, Ill., announced the opening of a €25 million site in Olsztyn, Poland, with sales, engineering and manufacturing facilities for cheese production solutions.
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sustainability farm

J. R. Simplot, Yield10 Bioscience partner to evaluate production of high-yielding, sustainable potato crop

In studies performed by Yield10 in greenhouse or field tests, these traits have shown a range of promising activities such as good agronomic performance, increased photosynthesis, increased seed yield and/or increased biomass production.
October 23, 2019
J. R. Simplot Co., Boise, Idaho, signed a research agreement with Yield10 Bioscience, Inc., Woburn, Mass., to evaluate three novel yield traits in potato.
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Idelic, KeepTruckin partner to provide efficient fleet management solutions

As a result of the integration being built with KeepTruckin, all fleet driving data and driver alerts will be accessible in one location, giving fleets a 360-degree view of their drivers and behavior.
October 23, 2019
Idelic, a Pittsburgh, Pa., announced a partnership with KeepTruckin, San Francisco, where Idelic will offer KeepTruckin’s platform as the preferred solution for customers to run safer and more efficient fleets.
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Market research: Storytelling leads top trends for 2020

Increased consumer interest in the stories behind their food and beverage products and their influence on purchasing decisions has resulted in companies paying more attention to storytelling in their branding strategies.
October 23, 2019
“Storytelling: Winning with Words” leads the list of Top 10 trends for 2020, according to this research report released by Innova Market Insights, The Netherlands.
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