The Pillsbury maker is making a significant investment in its frozen dough plant in Joplin, Missouri, to meet increased demand for product innovation from foodservice customers, while its venture arm 301 Inc was among the raft of investors to support...
The New Jersey-based Black woman-owned allergy-friendly cookie and baking mix producer has announced a $11.5 million Series B funding, with one of the most diverse group of funders in the food industry: the majority being women of colour.
301 Inc – General Mills’ venture capital arm – is ploughing $15m into two early-stage women-led venture capital funds, which are on a mission to promote racial and gender equity and economic opportunities for women of colour (WOC) entrepreneurs.