Purely Elizabeth, a natural foods brand specializing in plant-based oatmeal, granola and pancake mixes, announces a $50 million Series B raise led by SEMCAP. In the last five years, the company has grown at 55% CAGR and nearly doubled its retail locations from 8,000 to over 15,000 stores, according to a press release. The company’s products can be found at an array of major retailers including Whole Foods Market, Publix, Target, and Walmart. The financing round marks the first investment by SEMCAP’s Food & Nutrition arm, which is headed by experienced CPG investor John Haugen.
Regulating the commercialization of cell-cultured meat: foreign experience and implications for China
Cell-cultured meat offers a potential solution to improve meat production systems, alleviate future food supply shortages, resolve public health problems, and promote animal welfare. Cell-cultured meat has become a hot topic in...