Food Industry

Business • Innovation & Sustainability
Impossible Foods raises another $200 million in funding
Impossible Foods raises another $200 million in funding
Credit: Impossible Foods

Impossible Foods announced Thursday it has landed an additional $200 million in funding, to a total of $1.5 billion since its founding in 2011. The round was led by Coatue, a technology-focused hedge fund.

The company said it intends to use the funds to expand research and development programs, accelerate manufacturing, increase its retail presence, and develop the next-generation of plant-based products.

Technology • Internet & Web
Google will prevent minors in the UK and EU from seeing ads for unhealthy food and drinks from October on
Google will prevent minors in the UK and EU from seeing ads for unhealthy food and drinks from October on
Credit: unsplash.com / Robin Stickel

Google has updated its "Other restricted businesses policy" and will start "to restrict the serving of High Fat Sugar Salt (HFSS) Food and/or Non-Alcoholic Beverages (F&B) advertising for minors in the United Kingdom and European Union".

The policy will be applied to the Google Display Network and YouTube and there apply to all people under the age of 18. Google stated that the new policy will be enforced from the 6th of October.

Some examples for the products that fall under these advertisement restrictions are sweetened beverages, cakes, pizza, salt, butter, pork and a number of other products.

Business • Economy
Guy Fieri has helped raising over 40,000 grants of $500 for restaurant workers

Together with the National Restaurant Association Educational Foundation Guy Fieri has raised $21.5 million for a new Restaurant Employee Relief Fund. The fund has started distributing the money to individual workers in the restaurant business, giving each a grant of $500. Over 40,000 grants have already been awarded. Guy Fieri has stated that he reached out with personal video messages to CEOs involved in the food and restaurant industry to ask for donations to the fund.