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On a mission to replace packaging materials that harm the environment, Vericool (Livermore, California) has raised $19.1 million from Radicle Impact Partners, The Ecosystem Integrity Fund, ID8 Investments and AiiM Partners.
The food tech company once known as Sustainable Bioproducts is now Nature’s Fynd (Chicago, Illinois), and it’s equipped with $80 million in fresh funding from investors.
PepsiCo (Harrison, New York) has added to its energy-drink portfolio by acquiring Rockstar Energy (Las Vegas, Nevada) in a $3.85 billion deal that’s expected to close in the first half of the year.
Investors started 2020 doubling down on the plant- and cell-based protein revolution challenging the mainstream meat, seafood and dairy industries.