The second phase of Rich’s plant expansion is supported by National New Markets Fund, LLC, which will invest $17.5 million of its New Markets Tax Credit allocation.

In addition to upgrading its Decatur, Ill. site, Primient also plans to invest in its wet milling operations in Lafayette, Ind. and Loudon, Tenn.

The $465,000 is designed to help foodtech companies clear innovation hurdles and accelerate commercialization.

The family-owned food company will invest $27 million in Morristown, Tenn.

Fengate is partnering with Weathervane Investment Corp. to support continued growth of the company, and is managing this investment on behalf of the LiUNA Pension Fund of Central and Eastern Canada.

This was co-led by Catalyst Investors and Translink Capital, along with existing investors S2G Ventures, Toyota Ventures, F-Prime Capital, and the Cibus Capital LLP.

The Innovation Booster funding will help bring personalized nutrition innovations to market.

Spearheading this latest funding effort are SPI fund (Sociétés de Projets Industriels) and French Tech Seed, both managed by Bpifrance (Banque Publique d'Investissement) on behalf of the French government. Astanor Ventures, Redalpine, Newfund, and VERSO Capital also joined in this round.

The new national training program in Canada is aimed at food industry women/intersectional entrepreneurs looking to scale up their businesses.

Lowered sales forecasts led to the closure of some chicken processing facilities, but the company is compensating by making investments elsewhere.