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[email protected]: An algae revolution? | Unilever rejects Kraft Heinz takeover deal

Each day at 5 p.m. we collect the five top food and supplement headlines of the day, making it easy for you to catch up on today's most important natural products industry news.

Hope you like algae, because it's going to be in everything you eat

Will 2017 be the year of algae? It's taken a while, but the use of algae as a nutritious and sustainable food ingredient is finally taking off—it's in everything from baking mixes to mayonnaise—at least partially due to shifts in the marketplace toward plant-based nutrition. "It won’t become mainstream until we figure out the flavor, but I see [algae] as a staple crop like kale was in the early 2000s," says Elliot Roth, founder of live-algae drink maker Spira. Read more at Fast Company...

 

Kraft Heinz spurned in $143 billion Unilever takeover bid

Unilever says Kraft Heinz's $50-a-share offer to buy it and create a company with a combined $84.4 billion a year in sales "fundamentally undervalues" the consumer goods company. Kraft then withdrew its bid on Sunday. Read more at Bloomberg...

 

Sun Basket cooks up another $15 million for gluten-free and paleo meal kits

The Series C round was led by Sapphire Ventures and joined a number of other venture capital firms and angel investors. Sun Basket, which focuses on special-diet meals and sustainability, has raised a total of $43 million in funding. CEO Adam Zbar says the meal kit company will use the latest round for hiring and marketing, and to develop its new facility. Read more at Tech Crunch...

 

How fancy cheese may save some small-scale dairies

The local and artisanal food movement has created a market for small dairy farms that make specialty cheese right there on the farm. Read more at NPR...

 

Probiotics maker UAS Laboratories raises $21.2 million from investors

The Wisconsin-based manufacturer disclosed the funding, which came from 12 investors, in a recent SEC filing. Read more at Xconomy...

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