Posts tagged "Tyson Foods"

Tyson’s Answer to Fake Meat Craze: Half-Pea, Half-Beef Burger

[13 June/Bloomberg] Tyson Foods Inc., the biggest US meat processor, has created a a half-pea-protein, half-Angus-beef burger, as part of their bid to satisfy demands of the rapidly growing segment of people who eat meat but are cutting back and adding more vegetable-based protein to their diets. Tyson said it will debut the hybrid meat-plant...

Hybrid VC Firm Big Idea Ventures Wants to Scale the Alternative Protein Revolution

[15 May/The Spoon] Big Idea Ventures (BIV) is looking to get in on the alternative protein revolution by investing in plant-based protein companies. The firm is a hybrid venture firm with a VC arm and accelerator programme. Run by Andrew Ive, the frim last week closed its first fund: the New Protein Fund, which now...

Nestlé’s cold cuts business could attract interest from Smithfield, Tyson Foods

[10 April/Food Dive] Nestle is looking at selling Herta Charcuterie lunch-meat business in Europe, for anywhere from USD$800 million to USD$1 billion (approx. NZD$1.1 billion to $1.5 billion). The sale could possibly draw interest from companies such as Smithfield Foods, Tyson Foods and Cargill. The sale by Nestle comes as part of a renovation to...

The science that will make Wagyu beef affordable for everyone

[12 December/QZ] In a first of its kind contract has been signed by JUST and Toriyama Ranch, which will see the high-end Japanese beef ranch working with a cell-cultured meat producer. JUST will source its beef cells from actual cuts of Wagyu beef or the live cows themselves which will then be transported from Japan...

Plant-based food maker Beyond Meat file for USD100 million IPO

[19 November/Food Dive] Beyond Meat has made preliminary filings with the Securities and Exchange Commission indicating its intention to go public.  The filings, which indicate the company will trade with the ticker BYND, is currently slated to raise USD100 million.  Beyond Meat posted a net loss of USD30.4 million on revenue of USD32.6 million in...

Inside Tyson Foods’ effort to adopt the start-up mentality

 [31 May/Food Dive] Tyson foods started an innovation lab and its seven member team oversees everything from creating to marketing products to get them to consumers faster. Senior Vice President of R&D for Insights and Innovation, Jen Bentz, said that they were thinking of innovation and what was happening in the market, They had to...

Tyson Foods invests in steam oven start-up Tovala

[7 February/ Food Dive] Tyson Foods continues to make investments in start-up companies through its Tyson Ventures branch. The latest announcement indicating it has joined a funding round in Tovala, a company that makes steam ovens and ready to cook food, although the details of the investment were not disclosed.  Tovala ovens bake and broil...

Chicken suppliers fall amid allegations of collusion

[31 January/ CNBC] Two major foodservice distributors in the US, US Foods and Sysco, have launched separate lawsuits against a range of poultry producers, including Tyson Foods, Pilgrim’s Pride and Sanderson Farms, alleging that the companies have colluded to manipulate wholesale chicken prices.  The lawsuits argue that the companies have artificially limited supplies and inflated...

Tyson spreads its protein bets with minority stake in cultured meat start-up Memphis Meats

[29 January/Food Navigator USA] While some commentators predict a pitch battle between plant based, animal based and cellular agriculture, the largest meat-packer in the US, Tyson Foods, appears to be agnostic about its protein source with its venture capital arm taking a stake in cultured meat start-up Memphis Meats having already invested in plant based...