Tuesday, January, 21, 2020 12:19:09

Category: Food


Califia Farms closes $225 Mn Series D funding round led by QIA

Califia Farms, a California-based food and beverage company, recently closed a $225 Mn Series D round led by QIA (Qatar Investment Authority), Qatar’s sovereign wealth fund. The fund’s portfolio includes several investments, from Harrods and Sainsbury (U.K. retail giants) to the U.S. technology firms, and …

Nestlé plans to sell its U.S. ice cream business to Froneri

Nestlé S.A., one of the largest food company based in Switzerland, has recently announced plans to offload its U.S. ice cream business unit to Froneri Ltd. for worth $4 billion. Reportedly, the sale includes brands like Dreyer’s, Häagen-Dazs, Skinny Cow, Outshine, Edy’s and Drumstick. It …