MeliBio Acquired by FoodYoung Labs for Strategic Growth

MeliBio, a startup specializing in bee-free honey, has been acquired by Swiss innovation lab FoodYoung Labs. The acquisition includes MeliBio’s Mellody brand and its Generation 1 technology, aiming to enhance production capabilities and market reach. This strategic move underscores the importance of collaboration between foodtech startups and established food companies.

Original excerpt: ‘Foodtech can only move forward with strong participation of a food company’…

Source: AgFunderNews