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sustainability farm

Nestlé launches R&D innovation challenge in Sub-Saharan Africa

The goal is to work collaboratively with start-ups and universities to identify sustainable and scalable science and technology solutions to accelerate the innovation of products that meet local consumer needs.
May 28, 2019
Nestlé S.A., Switzerland, kicked off a research and development (R&D) innovation challenge in Sub-Saharan Africa as part of the company’s efforts to contribute to the local innovation ecosystem.
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BrightFarms, GIANT Food Stores break ground on greenhouse

The greenhouse will deliver fresh, local produce to Pennsylvania supermarkets within 24 hours of harvest.
May 24, 2019
BrightFarms, New York, partnered with GIANT Food Stores, Carlisle, Pa., to develop a new 250,000-square-foot foot greenhouse in Snyder County, Pa.
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sustainability farm

Silo lands $3M seed round to bring wholesale, perishable agriculture online

Silo’s AI and machine learning technology adapts to existing workflows, seamlessly automating the entire supply chain from harvest management and quality control to forecasting and negotiation through logistics and payment.
May 24, 2019
Silo, a San Francisco-based technology-driven marketplace that uses artificial intelligence (AI) to streamline supply chains for perishable agribusiness, announced a seed round of $3 million in capital.
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Golding Farms Foods acquires Arcobasso Foods

The acquisition enhances Golding Farms' product offerings and capabilities in numerous categories.
May 24, 2019
Golding Farms Foods, Inc., a Winston-Salem, N.C.-based manufacturer of private label and branded sauce and condiment products, acquired Arcobasso Foods, Inc., a Hazelwood, Mo.-based manufacturer of refrigerated dressings, sauces and beverage mixers.
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MOD Pizza

MOD Pizza announces $160M equity financing to maintain rapid growth

With this additional capital, MOD plans to maintain its rapid growth across existing and new markets in the United States and internationally.
May 24, 2019
MOD Super Fast Pizza Holdings, LLC, Seattle, Wash., announced a $160 million equity financing led by Clayton, Dubilier & Rice (CD&R), a New York-based private investment firm.
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