The Jersey Tomato Co., maker of premium New Jersey tomato sauces and salsas, today announced that three flavors of its tomato sauces are now available at all 245 Harris Teeter Neighborhood & Pharmacy stores. The three SKUs available at Harris Teeter are Marinara, Tomato Basil and Spicy.
KEEN Growth Capital, a leading impact investing fund focused on better-for-you food and wellness brands, today announced the acquisition of a material interest in DAHlicious, maker of organic, probiotic-dense India-style lassi and yogurt. Lassi (pronounced lus-see), is Hindi for a yogurt drink, made in the 4,000 year handcrafted, slow-cultured tradition of India.
O’DANG Hummus, maker of premium hummus and hummus dressings, today announced that its line of hummus dressings will be available nationwide at nearly 2,000 Walmart stores beginning in late March. Walmart will offer six 12-ounce flavors: Ranch, Buffalo Ranch, Honey Mustard, Caesar, Roasted Red Pepper and Greek Tzatziki.
The Jersey Tomato Co., maker of premium New Jersey tomato sauces and salsas, today announced that multiple flavors of its tomato sauces are now available at Winn-Dixie stores. Winn-Dixie is the second largest grocer in the southeast, based on store count, with locations in Alabama, Florida, Georgia, Louisiana and Mississippi.
Orlando, Florida-based KEEN targets early-stage companies and promotes greater social responsibility in food nutrition, disease control and environmental awareness. Key for the company is the use of premium Jersey tomatoes in its products under the banner of "All Natural. All Jersey. All Good'', which encompasses farm fresh and natural, low-sodium recipes.
“We’re ideally looking for products that can impact the greater good, meaning healthier products for consumers, greater environmental or social community impact, and high potential in some cases for science-based disease mitigation or life enhancement,” said Jonathan Smiga, Managing Partner at KEEN Growth Capital.
Vintage Italia Pasta Chips are loved in many ways - more than just snacking. Read this piece by Reader's Digest which suggests using Pasta Chips instead of croutons for a healthier, crunchy alternative."...Break up a snack like...Pasta Chips from Vintage Italia (baked & flavorful) to toss on top; you'll use much less than a serving size so they won't bust your calorie count and they'll deliver the salty crunch you crave."
Since 2001, impact VC firms have raised $13 billion to invest in companies that provide a social or environmental benefit as part of running their for-large-profit business. Indeed, $10 billion of that has been raised since 2010 alone. Impact VCs are VCs first that intend to generate market-beating financial returns because of, not in spite of, an impact-oriented investment thesis.
In the past two years BlackRock, the world’s biggest asset manager, launched a new division called “Impact”; Goldman Sachs, an investment bank, acquired an impact-investment firm, Imprint Capital; and two American private-equity firms, Bain Capital and TPG, launched impact funds. The main driver of all this activity is investor demand.