Plus, Keychain lines up new capital͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
 
 
NoshNovember 19, 2024
DAILY BRIEFING: LITE EDITION
A preview of today's news & insights for the food industry.

✨ What You Need to Know ✨

🥔 Little Latke Brings Self-Stable Potato Pancakes To Snacking

🥔 Little Latke Brings Self-Stable Potato Pancakes To Snacking

Hanukkah comes late this year (in time for a true Chrismukkah!), but startup snack maker Little Latke got out ahead of the season with the launch of its shelf-stable potato pancake crisps. The new product is the brainchild of first-time founder Taylor Blue, who talked with Nosh recently about her journey in CPG.

🕎 The idea for the brand came from a beloved family recipe and a desire to bring the love of latkes to a broader audience of consumers. Blue spoke about how her launch strategy has revolved around feedback from consumers and talking with other entrepreneurs.

🛒 Her 2.2 oz. pouches of latke crisps launched DTC last week and are also available in a growing number of independent grocers in her Chicagoland area as well as the Northeast.

🗣️ What she said: “I tell people we would feel out of place in the chip aisle. We lean more on that premium cracker crisp. I look forward to seeing how people are going to respond to this style of packaging. It is a pinch-to-close, resealable bag. I didn’t want it to be something that you can rip open and then figure out how to store. Some people are going to eat it all in one go or some might want to come back to it later.”

Read how Blue is helping carve out a niche in next-gen Jewish food on Nosh.

 

🔐 Keychain Lines Up New Capital Behind New Powerhouse Investors

🔐 Keychain Lines Up New Capital Behind New Powerhouse Investors

Fresh off a $2.5 million infusion from The Hershey Company, manufacturing matchmaker Keychain announced today another $15 million in additional funding led by BoxGroup. The round also included investment from General Mills and Schreiber Foods, bringing the company’s total funding to $33 million in about a year since its launch.

☑️ Existing investors Lightspeed Venture Partners and SV Angel also contributed on the round.

Nosh Insiders can access all of the details.

 

🎙️ Now Streaming: Taste Radio

🔑 The Keys To Building An Iconic Brand? A Bit Of ‘Luck’ & And A Long-Term Vision.

🔑 The Keys To Building An Iconic Brand? A Bit Of ‘Luck’ & And A Long-Term Vision.

Luke Boase, the founder of Lucky Saint, a fast-growing brand of non-alcoholic beer from the U.K.,  talks about why the brand’s potential for an iconic future has always been top of mind. He also explains how the company incorporates consumer insights and data into its retail pitches and how he thinks about competing with beer companies owned by or aligned with large strategics. 

Listen to the episode now.

 

🚨 What You're Missing 🚨

  • Full details on Keychain's new investment
  • News of new capital for a growing cultivated meat maker
  • Inside ADM's latest earnings 
  • Consumers bring allegations against the U.S. "potato cartel"
  • How distributor fees are spiking grocery prices
 

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