FDBusiness.com

Danone Invests in Frozen Organic Baby Food Start-up

 Breaking News
  • Diageo to Acquire British Distillery Spread the loveDiageo announces it has reached agreement to acquire Herefordshire-based Chase Distillery, the owner of Chase GB Gin and the award-winning Chase Original Potato Vodka. Founded in 2008 by...
  • Tate & Lyle to Expand Tapioca Production Spread the loveTate & Lyle, a leading global provider of food and beverage ingredients and solutions, is to acquire an 85% shareholding in Chaodee Modified Starch Co, a well-established tapioca...
  • Coca-Cola European Partners to acquire Coca-Cola Amatil Spread the loveCoca-Cola European Partners, the world’s largest Coke bottler based on revenue, has agreed to acquire Coca-Cola Amatil, one of the largest bottlers and distributors of ready-to-drink beverages and...
  • Treatt Partners With Siemens to Power Digitalisation at New Global Headquarters Spread the loveTreatt, an ingredients manufacturer and solutions provider to the global flavour, fragrance and consumer goods markets, has partnered with Siemens Digital Industries (DI) to build a world class...
  • Diageo Introduces ‘Guinness 0.0’ Spread the loveDiageo has launched Guinness 0.0, a new non-alcoholic beer from the brewers at St James’s Gate in Dublin that boasts the same beautifully smooth taste, perfectly balanced flavour...

Danone Invests in Frozen Organic Baby Food Start-up

Danone Invests in Frozen Organic Baby Food Start-up
September 29
10:54 2017
Spread the love

Danone, through its a corporate venture capital unit, Danone Manifesto Ventures, has become a shareholder of Yooji, the French start-up aiming to revolutionise baby food by providing frozen portion-sized organic products. This investment is the fourth of Danone Manifesto Ventures in a year, building on its commitment to support companies at the forefront of bringing about the alimentation trends of tomorrow.

Founded in September 2012, Yooji responds to a growing demand from parents for high-quality healthy baby meals, which are easy and convenient, yet remain as close as possible to home-cooked meals. All products are sourced from organic farms and cooked in France with 100% natural ingredients, without salt or additives. Its products are sold in more than 600 stores throughout France.

As part of Yooji’s capital-raising, Danone Manifesto Ventures joined forces with the company’s long-standing shareholders – Caravelle, a family-owned diversified industrial group, and Capagro, the first French venture capital fund dedicated to agriculture and food innovation.

This deal was completed in close collaboration with Blédina, the Danone-owned brand which continues to lead the French infant nutrition market.

Yooji will continue to operate independently, with the development of the business remaining entirely in the hands of its existing management team.

Launched at the end of 2016, Danone Manifesto Ventures is financed by Danone, with the mission of supporting the development of innovative companies with high growth potential which share its vision of alimentation.


Warning: count(): Parameter must be an array or an object that implements Countable in /home/fdbusiness/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements