valio

Oddlygood Creamy Whole Oat Drink

©Oddlygood
Products & Launches

Oddlygood Expands US Dairy-Free Portfolio with All-In Barista Oat Drink

Oddlygood Global, a spinoff of leading Finnish food company Valio, announces the US launch of the All-In Barista Oat Drink. Available in shelf-stable cartons, the product will be featured this month at the Natural Products Expo East in Philadelphia and Coffee Fest Pacific Northwest in Seattle.  Made to provide creamy frothiness with no “flaking”, the All-In Barista Oat Drink was created with input from baristas and offers a full-bodied milk ideal for cappucinos and lattes. Uses whole oat The Barista Oat Drink uses non-GMO oats and utilizes the entire oat, which eliminates food waste, while being free from gluten and artificial flavors and sweeteners. Available in 1 liter, shelf-stable cartons, each serving contains 3 g of protein, 290 mg of calcium, 7 of fat and zero …

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Oddlygood Global Product Range Oat Milk

© Oddlygood Global

Investments & Finance

Finland’s Oddlygood Global Receives €25M Investment in First Financing Round

Oddlygood Global is to receive significant growth funding for its international plant-based business, as it closes its first round of financing. Aiming to be a leader in plant-based products, the Finnish brand is part of the Valio Group – a dairy producer and one of Finland’s biggest food companies.  Oddlygood develops and markets plant-based products, with its range currently including oat drinks, vegan cheese, and yogurt, as well as plant-based products for cooking and baking. Having only launched in Spring 2021, Oddlygood is showing some impressive sales figures in Scandinavian markets. In Sweden, Oddlygood has grown 131%, giving it the second-largest market share in oat-based beverages in Sweden, according to the brand.  The financing round saw Mandatum Asset Management invest €25 million in the company …

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finnish dairy company valio investigates cellular agriculture

© Valio
Cultivated, Cell-Cultured & Biotechnology

Finnish Dairy Company Valio to Explore Potential of Cellular Agriculture With New Research

Finnish dairy company Valio has partnered with the VTT Technical Research Centre of Finland for a project that will investigate what kinds of food industry raw materials could be produced with cellular agriculture. The project will aim to develop biotechnologically produced proteins, where an organism such as a fungus is instructed to produce the protein. After being fed with nutrients and sugar, the fungus secretes protein into the growth medium. Other potential applications of the technology could involve producing purified fats or multidimensional cell structures. While producing cultivated meat and dairy products is very complex, making individual components is much simpler. This technology is already widely used in the dairy industry to produce animal-free versions of enzymes such as rennet. In recent years, it has …

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