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Funding & investment

Funding & investment

Barilla Opens $25 Million Innovation Centre in Parma

Barilla Group has opened its $25 million Barilla Innovation & Technology Experience (BITE) in Parma, Italy, spanning 150,000 square feet. The facility employs 200 professionals developing bakery, pasta and sauce products using AI-driven sensors, 3D printing and sensory research. BITE operates 84 partnerships with international universities and maintains 28 startup collaborations focused on sustainable agriculture and food technology.

Funding & investment

Acorn flour producer receives Fedima's first sustainability grant

Spanish producer De Bellota wins Fedima's inaugural €20,000 Sustainability Grant for acorn-based bakery ingredients with low carbon footprint and rural impact.

Funding & investment

Palm-Alt: A Locally-Produced Alternative to Palm Shortening

Researchers at Queen Margaret University have developed Palm-Alt, a replacement for palm shortening in industrial bakery applications. Made from rapeseed oil, fibres and proteins, the ingredient delivers up to 25% less fat and 89% less saturated fat whilst maintaining texture and flavour in biscuits, cakes and bread. Now in commercial trials.

Ingredients

Revyve secures €24m to scale yeast-based egg alternatives

Dutch food-tech company Revyve has raised nearly €24 million in Series B financing to accelerate the rollout of its functional yeast proteins, designed to replace eggs and additives in mainstream food categories.

Funding & investment

Fermentation technologies could add £10bn to UK economy by 2050, research finds

Innovative methods of producing food through fermentation could add nearly £10 billion to the UK economy by 2050, according to new analysis.

Mergers & Acquisitions

Lantmännen Unibake Acquires Dutch Savoury Specialist Boboli Benelux

Lantmännen Unibake expands into Netherlands with €50M Boboli Benelux acquisition, adding Mediterranean flatbread production and bake-off technology capabilities.

Funding & investment

General Mills invests $54m to expand Minnesota innovation centre

General Mills will invest $54 million to expand its James Ford Bell Technical Center in Golden Valley, Minnesota, in what is said to be the largest upgrade in the facility’s history.

Funding & investment

New Qualification Launched to Develop Bakery Team Leaders in England

NFDT launches Level 3 Lead Baker Diploma in England to upskill bakery supervisors. New NFDT Academy supports wider technical and leadership training.

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