Cold Foods Industry News

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Idelic, Pittsburgh, Pa., closed on an $8 million Series A financing round led by Origin Ventures, Chicago, with participation from TDF Ventures, Chevy Chase, Md.; Birchmere Ventures, Pittsburgh, Pa.; Bain Capital Ventures, Palo Alto, Calif.; and SaaS Venture Capital, Bethesda, Md.

Lineage Logistics, LLC, Novi, Mich., acquired two facilities from Van Soest Coldstores, a Netherlands-based provider of the storage and transfer of cooled and deep-frozen food products.

Simple Feast, Denmark, raised a substantial investment from a combination of U.S. and European funds in its recent Series B.

In what is said to be the first-ever field-based study of high school athletes recovering post workout, chocolate milk outperformed commercial sports drinks by a net strength difference of 6.7%.

Advanced Dynamics Ltd., UK, announced a further investment of around £250,000 to its Bradford, UK-based facility to help meet filling and labeling demand.

Manhattan Associates Inc., Atlanta, opened a new facility in Brigade Tech Gardens in Bangalore, India.

QIMA, a Hong Kong-based provider of quality control and supply chain compliance solutions, acquired World Quality Services (WQS), a Charlotte, N.C.-based provider of food certification, audit and training services.

The International Federation of Robotics (IFR), Germany, released its annual World Robotics Report, which showed an annual global sales value of $16.5 billion in 2018.