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PepsiCo’s Greenhouse Accelerator, Haofood’s Plant-Based mostly Rooster, Jooma’s Dairy-Free Yogurt and Extra

Subsequent-Gen Inexperienced Progress: PepsiCo Seeks New F&B Sustainability Tech By Center East Accelerator

International restaurant large PepsiCo is on the lookout for a brand new sustainability know-how within the meals and beverage sector to enhance its enterprise within the Center East area, with plans to additionally flip to different markets, together with Asia-Pacific sooner or later.

PepsiCo launched its PepsiCo Greenhouse Accelerator program for the Center East and North Africa (MENA) area in November final 12 months, its first version particularly targeted on the area. Earlier this 12 months, the corporate introduced that 10 native finalists had been shortlisted and acquired a $20,000 grant together with guided mentorships, and are at the moment finishing the six-month acceleration program in hopes of successful a grant. of $100,000 from PepsiCo on the finish. of that.

“At PepsiCo, our method to sustainability is constructed into our enterprise, not separate from it. We thought rather a lot about how to ensure our method [has] a major and tangible affect on constructing a extra sustainable meals system [and] realized that innovation is essential to our efforts,”PepsiCo CEO for Africa, Center East and South Asia, Eugene Willemsen, mentioned FoodNavigator-Asia​.

It is Good: Shanghai Plant-Based mostly ‘Fried Rooster’ Firm Haofood Reveals Unique Enlargement Plans

Shanghai-based Haofood vegetable firm has solely unveiled its formidable enlargement scopes each at dwelling and overseas after receiving main monetary help from buyers.

The corporate efficiently raised $3.5 million in seed capital from co-investors resembling Monde Nissin CEO Henry Soesanto, Wealthy Merchandise Ventures and Large Concept Ventures. Armed with investments, CEO Astrid Prajogo outlined plans to realize 4,000% to six,000% development by advancing its R&D infrastructure, diversifying gross sales channels and increasing into different areas.

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