At G-Works, General Mills’ corporate venture studio, teams are creating innovative solutions to consumer-related food problems. School lunches for kids ranked high on the list of parental pain points observed by G-Works trio David Bloom, Chris Damsgard, and Varun Poduval. That inspired this fall’s launch of Yumble, a home delivery service that offers shelf-stable, customizable lunch kits.
Meant to generate more innovation at a nearly century-old company, G-Works is an internal enterprise designed specifically to drive new products, brands, services, and ideas from inside the vast company to commercialization.
Smalls, a direct-to-consumer cat food brand, has raised $19 million in its most recent funding round.
In a pet industry that seems to be overly invested in keeping dogs and dog owners happy, Matt Michaelson sees a big opportunity in cats.
BeeHero is now the largest pollination provider in the world, with more than 100K acres under management, and this 300% YoY growth has now secured fresh funding from Convent Capital, General Mills, and others.
GrubMarket, which offers software and operates an e-commerce platform connecting farmers and other food suppliers with customers, said it’s valued at more than $2 billion after raising $120 million in equity from new backers including General Mills Inc.’s venture arm.
G-Works says it is focused on the "most disruptive forces impacting the food industry today."
Doolies — the latest innovation to emerge from General Mills' G-Works corporate venture studio — is a fruit- and fiber-packed snack for young kids designed to "help your kid go #2 with ease."
MBOLD launches circular economy for flexible film packaging with aim of recovering 90 million pounds per year.
Myplas is opening a $24 million recycling facility in Rogers next year to process flexible films and other plastics that otherwise would be headed for the landfill.
Investment arm, 301 INC, addresses founder gap through Fearless Fund and Supply Change Capital.
The Golden Valley-based food giant is among the investors in a $6 million Series A raise for vegan burger startup Everything Legendary.
Investment round will fuel revolutionary, plant-based food company’s rapid expansion.
General Mills moves into the emerging 'animal-free' dairy category with a brand called Bold Cultr - a lactose-free cream cheese alternative utilizing dairy proteins from Perfect Day made via microbial fermentation (without cows).
With venture funding driving entrepreneurship today, Minnesota's big businesses want to create internal startup cultures to reconnect with their inventive roots.
General Mills is targeting kids’ constipation with a new start-up brand the US food group hopes to take to the retail market next year.
General Mills, Inc. is introducing Good Measure, a new brand of snacks aimed at consumers who are concerned about how food interacts with their blood sugar, including those with diabetes and prediabetes.
General Mills’ venture capital arm, 301 INC, will move into a newly formed “disruptive growth” team within its Strategy and Growth unit on July 1, led by Doug Martin, who has served as president of the company’s dairy operating division for nearly two years.
301 INC, the venture capital arm of General Mills, is leading a multistage investment of up to $20 million in Pots & Co, in partnership with other investors.
This subscription-based service leverages its lean-and-agile concept to scale next-level growth with backing from General Mills’ 301 INC investment incubator.
Investment in direct-to-consumer fresh-cooked pet food brand led by DFE Capital Management and 301 INC, General Mills venture capital arm.
Plant-based 'chef-inspired' food brand Kite Hill has closed a $40m capital raise led by General Mills' venture arm 301 INC. with participation from CAVU Venture Partners, which according to CEO Rob Leibowitz, will be put towards expanding production and fueling brand growth.
Urban Remedy, the pioneering plant-based food company offering an organic, non-GMO and ultra-fresh product roster of ready-to-eat meals, snacks, and cold pressed juices, has closed a $17 million series B fundraising round with lead investment from 301 INC.