Else Nutrition Overview
Else Nutrition is the developer of plant-based food and nutrition products for infants, toddlers, children, and adults. Its non-soy formula serves as an alternative to dairy-based formulas, using ingredients such as almonds, buckwheat, and tapioca.
Cumulative Funding Raised Over Time ($)
$4.3MDec 2022
$6.8MJul 2023
$12.4MJun 2019
$14.4MJun 2024
$20.4MMar 2020
$39.6MOct 2020
Latest News
growth-positive
Else Nutrition Reports 2025 Second Quarter Financial Results and Provides Business Update
Else Nutrition Holdings Inc. reported its financial results for the second quarter of 2025, highlighting steady progress despite macroeconomic pressures. The company is advancing regulatory momentum in the U.S. and is encouraged by developments that support modernizing infant formula standards. Although revenue was impacted by inventory constraints, demand remains strong, and production is expected to resume soon. Else Nutrition is actively reducing costs, with significant reductions in operating expenses and wages. The company is in discussions with multinational companies for distribution and R&D collaborations, aiming for cash-flow positivity by late 2026 or early 2027.
Product StageCustomersPartnersManagement Changes
growth-positive
Else Nutrition Reports 2025 First Quarter Financial Results and Provides Business Update
Else Nutrition Holdings Inc. reported its financial results for the first quarter of 2025, maintaining steady revenue at $2.1 million while significantly reducing operating expenses by 48% compared to the previous year. The company achieved a gross profit increase to $0.5 million and improved its gross profit margin to 25%. Strategic changes include a planned shift to manufacturing powder formulas in Europe to reduce costs and improve margins. Else Nutrition is also focusing on regulatory advancements to facilitate FDA approval pathways for its plant-based infant nutrition products. These efforts aim to modernize U.S. policy around infant formula and support clinical trials, addressing unmet needs for non-dairy, non-soy alternatives.
Product StageFDA approved/pending approval
growth-positive
Else Nutrition Schedules 2025 First Quarter Business Update Conference Call
Else Nutrition Holdings Inc. is set to host a business update conference call on August 21, 2025, to discuss its financial results for the first quarter of 2025 and other corporate developments. The company, which focuses on plant-based nutrition products for various age groups, has seen rapid sales growth and received significant recognition, including awards and high rankings on Amazon. Else Nutritions products, such as its Plant-Based Complete Nutrition for Toddlers and Ready-to-Drink Kids Vanilla Shake, have been well-received in the market. The call will be accessible via telephone and webcast, with replays available until September 3, 2025.
growth-positive
ELSE NUTRITION ANNOUNCES FURTHER EXTENSION OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
Else Nutrition Holdings Inc., a company focused on plant-based nutrition products, has been granted an extension by the Toronto Stock Exchange to hold its annual general meeting by September 30, 2025. The company is in the international expansion stage, offering innovative, clean, and plant-based food products for various age groups. Its products have gained significant recognition, including several awards and high sales rankings on platforms like Amazon. The company emphasizes its forward-looking statements, highlighting potential risks and uncertainties in achieving future results. Else Nutrition continues to focus on growth and expanding its market presence.
growth-positive
Else Nutrition Applauds Pivotal U.S. Legislative Support for Plant-Based, Non-Soy, Non-Dairy Infant Formula Innovation
Else Nutrition Holdings Inc., a leader in plant-based nutrition, is poised to benefit from recent legislative developments in the U.S. The House Appropriations Committee has passed a bill directing the FDA to streamline approval pathways for plant-based infant formulas. This move is expected to enhance market access for alternative formulas, which are crucial for infants with allergies or dietary preferences. The legislation is part of a broader initiative to promote nutritional diversity and accessibility. Else Nutritions CEO, Hamutal Yitzhak, views this as a turning point for the company and American families, signaling a shift towards more inclusive infant formula options.
FDA approved/pending approval
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $62.18M |
| Last funding | $2M |
| Stage | Public |
| Rounds | 11 |
| Investors | 2 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | elsenutrition.com |
| Careers | Careers page |
Locations
HaNechoshet St 6, Tel Aviv-Yafo, Israel
Photos & Videos
3 item(s)
Else Nutrition Business
Business models
B2C, B2B2C
Product stage
Released
Employees
11-50
Sector
Climate TechFood & Land UseSustainable ProteinsAgriculture & Food TechnologiesFood TechNovel Food & IngredientsTarget Customer
ConsumersDemographics & FamilyChildrenBabiesAgriculture & FoodLivestockDairyCore Technology
Materials & SubstancesRaw MaterialsTags (13)
foodtechnutritionfeedingclimate-techfood-and-beveragehealthcarealternative-proteinhealthcare-providerslactose-intolerantsvegansallergyfood-ingredientsnovel-ingredientsGeographic Markets
CanadaUnited StatesAustraliaUnited KingdomChinaIsraelElse Nutrition Financials
$62.18M
Total funding
Undisclosed
Capital raised
$2M
Last funding
Public
Funding stage
11
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$4.3MDec 2022
$6.8MJul 2023
$12.4MJun 2019
$14.4MJun 2024
$20.4MMar 2020
$39.6MOct 2020
Private Equity Funding
PIPE
Jun 2024
$2M
Debt Financing
Jul 2023
$2.5M
Debt Financing
Dec 2022
$4.25M
PIPE
Oct 2020
$19.3M
Canaccord Genuity (Lead)
,
NewH2
PIPE
Mar 2020
$5.9M
NewH2 (Lead)
PIPE
Jun 2019
$5.7M
Canaccord Genuity (Lead)
Public Offering / Exit
POEvent
Nov 2023
Undisclosed
POEvent
Oct 2022
Undisclosed
POEvent
Jun 2022
Undisclosed
POEvent
Jan 2022
Undisclosed
POEvent
Oct 2021
Undisclosed
Else Nutrition Lifecycle
Cumulative Funding Raised Over Time
$4.3MDec 2022
$6.8MJul 2023
$12.4MJun 2019
$14.4MJun 2024
$20.4MMar 2020
$39.6MOct 2020
All Events
PIPE
Jun 2024
$2M
Debt Financing
Jul 2023
$2.5M
Debt Financing
Dec 2022
$4.25M
PIPE
Oct 2020
$19.3M
Canaccord Genuity (Lead)
,
NewH2
PIPE
Mar 2020
$5.9M
NewH2 (Lead)
PIPE
Jun 2019
$5.7M
Canaccord Genuity (Lead)
POEvent
Nov 2023
Undisclosed
POEvent
Oct 2022
Undisclosed
POEvent
Jun 2022
Undisclosed
POEvent
Jan 2022
Undisclosed
POEvent
Oct 2021
Undisclosed
Else Nutrition News
163 articles
growth-positive
Else Nutrition Reports 2025 Second Quarter Financial Results and Provides Business Update
Else Nutrition Holdings Inc. reported its financial results for the second quarter of 2025, highlighting steady progress despite macroeconomic pressures. The company is advancing regulatory momentum in the U.S. and is encouraged by developments that support modernizing infant formula standards. Although revenue was impacted by inventory constraints, demand remains strong, and production is expected to resume soon. Else Nutrition is actively reducing costs, with significant reductions in operating expenses and wages. The company is in discussions with multinational companies for distribution and R&D collaborations, aiming for cash-flow positivity by late 2026 or early 2027.
Product StageCustomersPartnersManagement Changes
growth-positive
Else Nutrition Reports 2025 First Quarter Financial Results and Provides Business Update
Else Nutrition Holdings Inc. reported its financial results for the first quarter of 2025, maintaining steady revenue at $2.1 million while significantly reducing operating expenses by 48% compared to the previous year. The company achieved a gross profit increase to $0.5 million and improved its gross profit margin to 25%. Strategic changes include a planned shift to manufacturing powder formulas in Europe to reduce costs and improve margins. Else Nutrition is also focusing on regulatory advancements to facilitate FDA approval pathways for its plant-based infant nutrition products. These efforts aim to modernize U.S. policy around infant formula and support clinical trials, addressing unmet needs for non-dairy, non-soy alternatives.
Product StageFDA approved/pending approval
growth-positive
Else Nutrition Schedules 2025 First Quarter Business Update Conference Call
Else Nutrition Holdings Inc. is set to host a business update conference call on August 21, 2025, to discuss its financial results for the first quarter of 2025 and other corporate developments. The company, which focuses on plant-based nutrition products for various age groups, has seen rapid sales growth and received significant recognition, including awards and high rankings on Amazon. Else Nutritions products, such as its Plant-Based Complete Nutrition for Toddlers and Ready-to-Drink Kids Vanilla Shake, have been well-received in the market. The call will be accessible via telephone and webcast, with replays available until September 3, 2025.
growth-positive
ELSE NUTRITION ANNOUNCES FURTHER EXTENSION OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
Else Nutrition Holdings Inc., a company focused on plant-based nutrition products, has been granted an extension by the Toronto Stock Exchange to hold its annual general meeting by September 30, 2025. The company is in the international expansion stage, offering innovative, clean, and plant-based food products for various age groups. Its products have gained significant recognition, including several awards and high sales rankings on platforms like Amazon. The company emphasizes its forward-looking statements, highlighting potential risks and uncertainties in achieving future results. Else Nutrition continues to focus on growth and expanding its market presence.
growth-positive
Else Nutrition Applauds Pivotal U.S. Legislative Support for Plant-Based, Non-Soy, Non-Dairy Infant Formula Innovation
Else Nutrition Holdings Inc., a leader in plant-based nutrition, is poised to benefit from recent legislative developments in the U.S. The House Appropriations Committee has passed a bill directing the FDA to streamline approval pathways for plant-based infant formulas. This move is expected to enhance market access for alternative formulas, which are crucial for infants with allergies or dietary preferences. The legislation is part of a broader initiative to promote nutritional diversity and accessibility. Else Nutritions CEO, Hamutal Yitzhak, views this as a turning point for the company and American families, signaling a shift towards more inclusive infant formula options.
FDA approved/pending approval
growth-negative
ELSE NUTRITION ANNOUNCES DELAY IN FILING FINANCIAL STATEMENTS AND EXTENSION OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
Else Nutrition Holdings Inc. has been issued a cease trade order (CTO) by the British Columbia Securities Commission due to a delay in filing its interim financial statements and related documents for the period ending March 31, 2025. This order restricts trading of the companys securities in Canada until the filings are completed and the CTO is revoked. The company plans to file these documents by June 30, 2025. Additionally, Else Nutrition has received an extension from the Toronto Stock Exchange to hold its annual general meeting by July 31, 2025. The company is known for its plant-based nutrition products and is in the international expansion stage.
growth-positive
Else Nutrition Applauds U.S. Government's Historic Shift in Infant Formula Rules, Unlocking Path to Commercialize the World's First Whole-Food, Dairy-Free Infant Formula
Else Nutrition Holdings Inc., a leader in plant-based childhood nutrition, is poised for growth following significant policy developments in the U.S. These include FDA regulatory reform, Congressional oversight, and executive actions aimed at modernizing infant formula regulations. A National Academy of Sciences study recommends replacing outdated Protein Efficiency Ratio tests with modern alternatives, aligning with Elses regulatory strategy. Congressional pressure is mounting for a clear regulatory pathway for plant-based formulas, reflecting a shift towards international standards. These developments could expand market access for Else, marking a potential breakthrough in the infant formula industry.
growth-negative
Else Nutrition Holdings Inc (BABYF) Q4 2024 Earnings Call Highlights: Navigating Challenges and ...
Else Nutrition Holdings Inc (BABYF) faced a challenging fiscal year 2024 with a 15% decrease in revenue and a gross loss of $1.2 million. The company experienced inventory shortages due to funding constraints, leading to a decline in shareholder confidence. Despite these challenges, Else Nutrition expanded its retail distribution, launching products in 1,000 Walmart stores and over 600 Lola stores. The company is also preparing to manufacture its powder formula in Europe to reduce costs and improve margins. Additionally, Else Nutrition is engaging with the FDA to establish a regulatory pathway for its plant-based infant formula. The company introduced its first adult ready-to-drink product in Canada, entering the adult nutrition market.
CustomersLayoffsFDA approved/pending approval
growth-positive
Else Nutrition Reports 2024 Fiscal Year Financial Results and Provides Business Update
Else Nutrition Holdings Inc. reported its financial results for the 2024 fiscal year, highlighting significant challenges and strategic decisions. The company faced funding constraints, inventory shortages, and a limited marketing budget but took decisive actions to optimize operations and secure essential funding. They reduced overhead costs, streamlined R&D operations, and exited unprofitable partnerships. Despite these challenges, Else Nutrition successfully launched its first Adult Ready-to-Drink (RTD) product and expanded its retail presence for Kids RTD products in the U.S. The company plans to expand manufacturing in Europe to lower production costs and improve margins. On the regulatory front, Else Nutrition is actively involved in advocacy efforts to modernize FDA guidelines for plant-based infant formulas.
Product StageCustomersExpandLayoffs
growth-positive
Else Nutrition CEO Highlights Urgent Need for Infant Formula Alternatives in The Washington Times Op-Ed
Else Nutrition Holdings Inc., a company specializing in plant-based nutrition for infants, has been featured in an op-ed by its CEO, Hamutal Yitzhak, in The Washington Times. The article emphasizes the need to modernize the regulatory environment for infant formula, particularly for those with dietary restrictions. Else Nutrition has developed a plant-based infant formula and is awaiting FDA approval to begin clinical trials in the U.S. The company is advocating for regulatory changes through Operation Stork Speed, an initiative aimed at improving the safety and innovation of infant formulas. This initiative is supported by the Trump administration and aims to accelerate the market entry of non-traditional formula options.
Product StageFDA approved/pending approval
growth-positive
Else Nutrition Expands Nationwide with Kids Ready-to-Drink Shakes in 1,000 Leading U.S. Retailer Stores
Else Nutrition Holdings Inc., a leader in plant-based nutrition, has expanded its presence in the U.S. retail market by launching its Ready-to-Drink (RTD) products in 1,000 stores nationwide. The companys clean-label Kids RTD products, which are dairy-free and soy-free, have quickly gained popularity among parents. This expansion reflects the growing consumer demand for plant-based, minimally processed nutrition options. Else Nutritions innovative approach and rapid sales growth have been recognized with several awards, and the company continues to focus on developing clean, plant-based food and nutrition products for various age groups.
CustomersProduct Stage
growth-negative
ELSE NUTRITION PROVIDES BI-WEEKLY DEFAULT STATUS REPORT
Else Nutrition Holdings Inc. announced a voluntary cease trade order (MCTO) due to delays in completing audit procedures for its annual financial statements for the year ended December 31, 2024. The MCTO, granted by the British Columbia Securities Commission, restricts trading by the CEO and CFO until the filings are completed. The company expects to file its annual documents by May 30, 2025. Else Nutrition focuses on plant-based nutrition products and has seen rapid sales growth and national retailer support. The company is working diligently with its auditor to resolve the issue and comply with NP 12-203 guidelines.
growth-negative
ELSE NUTRITION PROVIDES BI-WEEKLY DEFAULT STATUS REPORT
Else Nutrition Holdings Inc. has announced a voluntary cease trade order (MCTO) due to delays in completing audit procedures for its annual financial statements for the year ended December 31, 2024. The MCTO, granted by the British Columbia Securities Commission, restricts the CEO and CFO from trading in the companys securities until the filings are completed. The company expects to file the necessary documents by May 13, 2025, and no later than May 30, 2025. Else Nutrition is focused on developing plant-based nutrition products and has seen rapid sales growth and national retailer support.
growth-positive
Else Nutrition Launches 'Formula for Change' Campaign, Building on Momentum from Operation Stork Speed to Deliver Real Choice for American Families
Else Nutrition Holdings Inc. is launching a new advocacy campaign, Formula for Change, to push for U.S. regulatory support for clinical trials of its dairy-free, soy-free infant formula. The company aims to provide a safe, inclusive alternative to traditional dairy-based formulas. Inspired by the federal initiative Operation Stork Speed, Else Nutrition is urging the FDA to modernize outdated regulations to allow clinical trials in the U.S. The companys plant-based formula, already available internationally, is designed to meet the nutritional needs of infants who cannot tolerate dairy or soy. This initiative is seen as a positive step toward innovation and inclusivity in infant nutrition.
Product Stage
growth-negative
ELSE NUTRITION PROVIDES BI-WEEKLY DEFAULT STATUS REPORT
Else Nutrition Holdings Inc. has been granted a voluntary cease trade order (MCTO) by the British Columbia Securities Commission due to delays in completing audit procedures for its annual financial statements for the year ended December 31, 2024. This order restricts the CEO and CFO from trading in company securities until the filings are completed. The company is working to file the necessary documents by April 23, 2025, and no later than May 30, 2025. Else Nutrition focuses on plant-based nutrition products and has seen rapid sales growth and national retailer support.
growth-negative
ELSE NUTRITION GRANTED VOLUNTARY MANAGEMENT CEASE TRADE ORDER
Else Nutrition Holdings Inc. has announced a voluntary management cease trade order due to its inability to file its annual financial statements, managements discussion and analysis (MD&A), and annual information form (AIF) for the year ended December 31, 2024, within the required timeframe. The delay is attributed to timing constraints in completing audit procedures. The British Columbia Securities Commission granted the order, which restricts the CEO and CFO from trading the companys securities until the filings are completed. Else Nutrition, known for its plant-based nutrition products, expects to file the necessary documents by April 9, 2025, and no later than May 30, 2025. The company will provide bi-weekly updates until the order is revoked.
Management Changes
growth-positive
Else Nutrition Reschedules 2024 Fiscal Year Business Update Conference Call
Else Nutrition Holdings Inc., a company focused on developing plant-based nutrition products, has announced the rescheduling of its planned business update conference call. The company is in the international expansion stage, offering innovative, clean, and plant-based food products for various age groups. Else Nutritions products, including its Plant-Based Complete Nutrition for Toddlers, have gained significant recognition and support from national retailers, leading to rapid sales growth. The company has received several awards, such as the Best Dairy Alternative Award at the World Plant-Based Expo in 2021. The article highlights the companys achievements and its forward-looking statements regarding future developments.
growth-positive
Else Nutrition Schedules 2024 Fiscal Year Business Update Conference Call
Else Nutrition Holdings Inc. announced a business update conference call scheduled for March 31, 2025, to discuss its financial results for the fiscal year 2024 and corporate progress. The company, known for its innovative plant-based nutrition products for infants, toddlers, and adults, has been expanding internationally. Its products, such as the Plant-Based Complete Nutrition for Toddlers, have gained significant recognition and support from national retailers, contributing to rapid sales growth. The company has received several awards, including the Best Dairy Alternative Award at the 2021 World Plant-Based Expo. The call will be accessible via telephone and webcast, with replays available until April 14, 2025.
Product Stage
growth-positive
Else Nutrition Commends HHS & FDA's Operation Stork Speed on Expanding Infant Formula Options
Else Nutrition Holdings Inc. is gaining momentum in bringing its plant-based infant formula to the U.S. market, thanks to the HHS and FDAs Operation Stork Speed initiative. This strategic move aims to expand infant formula options, emphasizing nutritional adequacy and supply chain resilience. Else Nutrition is actively engaged in Washington D.C., working with a healthcare lobbying firm and conducting Congressional meetings to modernize FDA guidance on plant-based formulas. The companys efforts align with the FDAs Long-Term National Strategy to increase market resiliency. CEO Hamutal Yitzhak highlights the importance of providing minimally processed, clean-label nutrition options for infants with specific dietary needs.
Product StageFDA approved/pending approval
growth-positive
Else Nutrition Closes US$300,000 Private Placement
Else Nutrition has successfully closed a third tranche of a private placement, raising US$300,000. This financial move is part of the companys ongoing efforts to secure funding and support its operations. The article also briefly mentions geopolitical tensions, with China imposing tariffs on US goods and President Trump maintaining his stance on policies. The investment is a positive development for Else Nutrition, potentially aiding in its growth and expansion plans.
Investment
growth-positive
ELSE ANNOUNCES CLOSING OF US$300,000 PRIVATE PLACEMENT
Else Nutrition Holdings Inc. has closed a third tranche of a private placement under a convertible security funding agreement with Lind Global Fund II, LP. The company received proceeds of US$300,000 through the issuance of a convertible security with a face value of US$375,000 and 62,165,217 common share purchase warrants. The convertible security has a two-year term and a 24-month maturity date, with conversion rights after a 120-day lock-up period. The company has the option to draw an additional $300,000 by July 1, 2024, under similar terms. This funding is expected to support the companys growth and operational activities.
Investment
growth-positive
ELSE NUTRITION COMPLETES US$350,000 PRIVATE PLACEMENT
Else Nutrition Holdings Inc. has completed a private placement of 14,737,510 common shares at a price of US$0.0238 per share, raising gross proceeds of US$350,752.74. The funds will be used to pay certain creditors. Else Nutrition is in the international expansion stage, focusing on plant-based nutrition products for various age groups. The company has received significant recognition and awards for its innovative products. The private placement was purchased by a single individual, and the company is awaiting final approval from the TSX for the offering.
Investment
growth-negative
Else Nutrition Amends Convertible Security Financing
Else Nutrition, trading near its 52-week low, announced an amendment to its convertible security financing. This move indicates financial adjustments as the company seeks to manage its capital structure. The announcement comes at a time when Else Nutritions stock is underperforming, suggesting potential challenges in the market. The details of the financing amendment were not fully disclosed in the article, and access to the complete information requires a subscription to MT Newswires. This development could be seen as a growth-negative impact, as it highlights financial restructuring efforts amid stock performance issues.
Investment
growth-positive
ELSE ANNOUNCES FINANCING FOR PROCEEDS OF UP TO US$1.2 MILLION
Else Nutrition Holdings Inc. has entered into a non-binding term sheet with Lind Global Fund II, LP for additional funding of US$1,200,000. The funding will be completed in four tranches, with the first tranche of US$300,000 to be funded upon closing. The company will issue convertible securities to Lind, which can be converted into common shares after a 120-day lock-up period. Additionally, Else Nutrition will issue warrants to Lind to purchase shares. The proceeds will be used for general working capital. The transactions are subject to negotiation, execution of the definitive agreement, and approval by the Toronto Stock Exchange.
Investment
growth-positive
Else Nutrition Expands into Adult Nutrition Market with Launch of its Innovative Plant-based Ready-to-Drink Shakes
Else Nutrition Holdings Inc. has launched its ready-to-drink (RTD) nutritional shakes for adults in the U.S. and Canada, marking its entry into the adult food market. The shakes are positioned as a plant-based alternative to traditional dairy-based nutritional supplements, aligning with the growing consumer demand for vegan, vegetarian, and flexitarian dietary options. The U.S. dairy alternatives market is expected to grow significantly, reflecting a shift towards plant-based products. Else Nutritions shakes are made from whole-food ingredients and are designed to be nutritious and easy to digest. The product is available in Canada and will launch in the U.S. in Q2 2025.
Product Stage
growth-negative
Else Nutrition Holdings Inc (BABYF) Q3 2024 Earnings Call Highlights: Strategic Growth Amidst ...
Else Nutrition Holdings Inc reported a 5% year-over-year revenue growth for Q3 2024, reaching $1.8 million. Despite this growth, the company faces challenges, including a sequential revenue decline due to order timing delays and limited marketing budgets. The company is expanding its retail presence, with a successful pilot in Costco Canada and discussions with a major US retailer. Online sales through Amazon and Walmart remain significant. However, the company is struggling with FDA approval processes and aims to achieve profitability by the end of 2026. Cost-cutting measures have reduced operational expenses by 12% year-to-date. The company is actively seeking non-dilutive financing to support marketing and operations.
CustomersExpand
growth-positive
Else Nutrition Reports 2024 Third Quarter Financial Results and Provides Business Update
Else Nutrition Holdings Inc. reported a 5% year-over-year revenue increase for Q3 2024, driven by growing consumer demand and expanding retail presence. The company is piloting a program with Costco, potentially expanding to over 100 locations in Canada and the US. Else is also finalizing deals to distribute its kids RTD products in over 900 new US grocery stores. Upcoming product innovations include an Adult RTD product launch. To support growth, Else is exploring non-dilutive bridge funding and a long-term credit line. These efforts, along with strategic cost-saving measures, aim to enhance margins and drive long-term success.
CustomersExpand
growth-positive
Else Nutrition Launches 12-Week Pilot in Canada with Multinational Wholesale Retailer
Else Nutrition Holdings Inc. has launched a 12-week pilot program to introduce its Plant-Powered Ready-to-Drink Kids Nutrition Shakes in over 100 locations across Canada. This initiative is in partnership with a notable multinational wholesale retailer, aiming to validate demand and potentially lead to a national rollout in 2025. The program includes high-visibility displays and product sampling to engage the retailers members. This expansion is part of Else Nutritions strategy to provide clean, nutritious options for children and potentially expand into the United States. The company has received significant recognition and support for its innovative plant-based products.
CustomersPartnersExpand
growth-positive
Else Nutrition Schedules Third Quarter 2024 Business Update Conference Call
Else Nutrition Holdings Inc. announced a business update conference call scheduled for November 14, 2024, to discuss its financial results for the third quarter of 2024, corporate progress, and other developments. The company, known for its innovative plant-based nutrition products for infants and children, has achieved significant growth and recognition, including awards and high sales rankings on platforms like Amazon. The call will be accessible via telephone and webcast, with replays available until November 21, 2024. Else Nutrition continues to expand its international presence with its clean-ingredient, non-soy formulas.
growth-positive
Else Nutrition Holdings Inc (BABYF) Q2 2024 Earnings Call Highlights: Strong Retail Growth and ...
Else Nutrition Holdings Inc reported a 23% increase in revenue for Q2 2024, driven by significant retail sales growth in the US and Canada. The company expanded its retail presence by adding products to 600 additional Walmart stores and entering new partnerships with retailers like Wegmans and HEB. Despite these positive developments, the company faces challenges, including a lack of FDA confirmation for its plant-based infant formula and concerns over its current stock valuation. Else Nutrition is not yet cash flow positive but aims to achieve this within 18 to 24 months. The company plans to launch its adult ready-to-drink product line in early 2025.
CustomersPartners
growth-positive
Else Nutrition Announces Launch of Plant-Powered, Ready-to-Drink Kids Shakes at a Southern California's Premier Upscale Grocery Chain
Else Nutrition Holdings Inc. announced the launch of its plant-powered, Ready-to-Drink Kids Shakes in Chocolate and Vanilla flavors at a leading upscale grocery store chain in Southern California. The product will be available in 19 locations starting in September, accompanied by promotional offers. This partnership aligns with the grocery chains commitment to high-quality, healthy food options. Else Nutritions products are plant-based, dairy-free, soy-free, and free from added sugars, offering a balanced nutritional profile. The company has received numerous awards and recognition for its innovative, clean-ingredient alternatives to dairy-based formulas.
CustomersPartners
Growth-Negative
Else Nutrition Holdings Second Quarter 2024 Earnings: CA$0.017 loss per share (vs CA$0.032 loss in 2Q 2023)
Else Nutrition Holdings has reported its Q2 2024 results, showing a revenue of CA$2.63m, up 11% from Q2 2023. The companys net loss was CA$2.52m, a 31% improvement from the same period last year. However, the companys shares are down 30% from a week ago. The article also mentions that there are 5 warning signs for Else Nutrition Holdings that should not be ignored.
Customers
Growth-Positive
Else Nutrition Reports 2024 Second Quarter Financial Results and Provides Business Update
Else Nutrition Holdings Inc. reported a 23% increase in Q2 2024 revenue to $2.6 million over Q1 2024. Retail sales also increased by 88% and 111% in the U.S. and Canada, respectively. The company has expanded its market presence by adding major retailers across North America, including Wegmans, HEB, Meijer, and 600 new Walmart U.S. stores. The company also announced a partnership with the Navy Exchange Service Command (NEXCOM), which has listed Elses full product line. Else Nutrition has also moved its U.S. powder production to a new plant, reducing production cost by almost half.
CustomersExpand
Neutral
Else Nutrition Schedules Second Quarter 2024 Business Update Conference Call
Else Nutrition Holdings Inc. has announced a business update conference call scheduled for August 14, 2024. The call will discuss the companys financial results for the second quarter of 2024, as well as corporate progress and other developments. Else Nutrition is a food and nutrition company focused on developing innovative, clean, and plant-based food and nutrition products. The company has received numerous awards and recognition for its products, and has seen rapid sales growth since the launch of its Plant-Based Complete Nutrition for Toddlers.
Customers
growth-positive
Else Nutrition Expands Partnership with One of the World's Largest Retailers with Launch on Retailer's E-store in Canada
Else Nutrition Holdings Inc. has announced an expanded partnership with one of the worlds largest retailers, launching its entire product line on the retailers Canadian online store in August 2024. This move comes after the company experienced strong growth in the United States. The retailers Canadian division, with 403 stores nationwide, serves 1.5 million customers each day and hosts more than 1.5 million daily visits to the Canadian e-store. The partnership aligns with Else Nutritions mission to provide healthy, sustainable alternatives for children.
PartnersExpand
growth-positive
Else Nutrition Announces Partnership with the Unites States Navy Exchange Service Command
Else Nutrition Holdings Inc. has announced a partnership with the Navy Exchange Service Command (NEXCOM), marking a significant milestone in the companys mission to provide healthy, plant-based nutrition to families everywhere. The first purchase order was successfully shipped in June 2024, making the full range of Else Nutritions products available in NEXCOMs retail stores. This partnership allows Else Nutrition to reach an extensive and diverse community, including active military personnel, retirees, and certain civilians on Navy installations.
PartnersExpand
growth-positive
Else Nutrition Announces Closing of US$2 Million Offering of Units
Else Nutrition Holdings Inc., a plant-based nutrition company for babies, toddlers, and children, has closed its previously announced offering of Units. The company issued a total of 13,245,033 Units at a price of US$0.151 per Unit for gross proceeds of US$2,000,000. The funds will be used for research and development, sales and marketing, inventory acquisition, and general corporate purposes. The company also paid a cash fee of US$140,000 and issued 927,152 common share purchase warrants to an arms-length advisor of the company.
Investment
growth-positive
Else Nutrition Announces US$2 Million Offering of Units Priced At-The-Market
Else Nutrition Holdings Inc., a plant-based nutrition company, has announced an agreement with a healthcare-focused institutional investor for the purchase and sale of 13,245,033 Units of the Company, with an issue price of US$0.151 per Unit, for aggregate gross proceeds of US$2 million. The company plans to use the net proceeds from the offering to fund research and development, sales and marketing, acquire inventory, and for general corporate purposes. The offering is scheduled to close on or shortly after June 28, 2024.
Investment
growth-positive
Else Nutrition Announces US$2 Million Offering of Units Priced At-The-Market
Else Nutrition Holdings Inc., a plant-based nutrition company, has announced a US$2 million offering of units priced at-the-market. The company has entered into an agreement with a single, healthcare-focused institutional investor for the purchase and sale of 13,245,033 units of the company. The offering is scheduled to close on or shortly after June 28, 2024, subject to certain conditions including the approval of the Toronto Stock Exchange. The company plans to use the net proceeds from the offering to fund research and development, sales and marketing, acquire inventory, and for general corporate purposes.
Investment
growth-positive
Else Nutrition Completes Successful Product Rollout at 308 Locations of Leading Independent Grocery Chain
Else Nutrition Holdings Inc. has successfully rolled out its products at 308 locations of a major independent supermarket chain in North America, particularly in Texas. The products introduced include Else Toddler Organic, Else Toddler Omega, and Ready-to-Drink Chocolate and Vanilla. The companys CEO, Hamutal Yitzhak, expressed excitement over the expansion of their partnership with the retailer and their commitment to making high-quality, organic nutrition accessible to customers around the United States.
CustomersPartnersExpand
Growth-Positive
Else Nutrition Completes Rollout of Novel Ready-to-Drink Kids Shakes in 276 Stores of Major Midwest Retailer
Else Nutrition Holdings Inc. has announced the successful launch of its new ready-to-drink kids shakes at a major Midwest retailer, expanding the brands reach to millions of new customers. The products are now available in the retailer’s 276 locations across Michigan, Illinois, Indiana, Kentucky, Ohio, and Wisconsin. This marks a significant step in Else Nutrition’s strategy to expand its footprint in the U.S. retail market, making nutritious, plant-based options more accessible to families nationwide.
CustomersPartnersExpand
growth-positive
Else Nutrition’s Ready-to-Drink Kids Vanilla Shake Named Among the Best in Family-Friendly Products by the Prestigious Mom’s Choice Awards®
Else Nutrition Holdings Inc. has announced that its latest product, the plant-based Ready-to-Drink Kids Shakes (Vanilla), has won the prestigious Mom’s Choice Award® (MCA). The product was evaluated by a panel of MCA evaluators on various elements, including production quality, design, educational value, entertainment value, originality, appeal, and cost. The award is seen as a validation of the quality and taste of Else Nutritions products and an indicator of future success.
Customers
growth-positive
Else Nutrition Adds New, Ready-to-Drink Kids Shakes at Canada’s Largest Grocery Chain
Else Nutrition Holdings Inc. has announced the expansion of its product line at Canadas largest grocery chain, Loblaws. Following the successful introduction of Else Nutritions powder Kids Shakes and Toddler formulas in 500 stores across Canada, the company is now launching its Kids Ready-to-Drink Plant-Powered Shakes in over 300 locations of this retailer. The shakes, available in Chocolate and Vanilla flavors, will be available from June 2024. The shakes are made from whole plants, including almonds, buckwheat, and tapioca, making them dairy-free, soy-free, and gluten-free.
CustomersPartnersExpand
growth-positive
Else Nutrition Products Now Available at Leading Natural Health Retailer, Marche Tau, in Quebec
Else Nutrition Holdings Inc. has announced a partnership with Marche Tau, a well-regarded natural and organic food retailer in Canada. This partnership will see Else Nutritions full range of products, including Toddler, Kids, Baby Cereals, and Ready-to-Drink (RTD) Kids shakes, available at all Marche Tau locations across the Greater Montreal Area and online. This collaboration is a significant milestone for Else Nutrition, emphasizing its commitment to bringing clean, plant-based nutrition to families across Canada and enhancing its brand visibility and market penetration.
PartnersExpand
growth-positive
Else Nutrition Adds New Product Listings at Hundreds of Locations of World’s Largest Retailer
Else Nutrition Holdings Inc. has announced that its products will be added to hundreds of new locations of the worlds largest retailer. The retailer will add Elses Ready-to-Drink Kids Shakes to about 600 new stores, and increase the listings of Elses Toddler Omega and Toddler Organic products in over 400 stores. Else Nutrition has seen strong double-digit growth on the retailers online platform. The expansion will increase Else Nutritions shelf presence and accessibility to customers seeking nutritious, plant-based options for their children.
CustomersExpand
growth-positive
Else Nutrition Reports 2024 First Quarter Financial Results and Provides Business Update
Else Nutrition Holdings Inc. has reported a significant increase in sales and the addition of major retail partners in the first quarter of 2024. Despite experiencing temporary order delays from certain large retailers, the companys outlook for the full year is extremely positive. Sales on Amazon increased approximately 92% and 330% in the U.S. and Canada, respectively, over the same period last year. The company also launched its plant-based infant formula in Australia and plans to launch its adult ready-to-drink product during the summer. However, revenue for Q1 2024 decreased approximately 27% to $2.1 million compared to $2.9 million for the same period last year due to delays in shipments.
CustomersPartnersExpand
Growth-Positive
Else Announces Closing of US$1 Million Private Placement
Else Nutrition Holdings Inc. has closed a second tranche of a private placement pursuant to the convertible security funding agreement with Lind Global Fund II, LP, an entity managed by The Lind Partners, LLC, a New York-based institutional fund manager. The net proceeds of US$1,000,000 will be applied to clinical trials in connection with FDA and other application processes, as well as general working capital. The Company issued a convertible security with a two year term and a face value of US$1,200,000, and 4,159,866 common share purchase warrants exercisable into common shares in the capital of the Company.
Investment
growth-positive
Else Nutrition Expands Product Listings at Major U.S. Food Retailer
Else Nutrition Holdings Inc. has announced that it will expand its product listings at one of the largest independent food retailers in the United States. Following the successful listing of Else’s Toddler product, the supermarket chain will now add additional Else products across more than 70 stores in the Northeast, starting in June 2024. The expansion includes Else Toddler Omega Complete & Balanced Drink, Kids Ready-to-Drink Chocolate Shakes, Kids Ready-to-Drink Vanilla Shakes, and 4 Flavors of Else Super Cereals for Babies. The distribution will be facilitated through UNFI (United Natural Foods, Inc.).
CustomersPartnersExpand
Neutral
Else Nutrition Schedules First Quarter 2024 Business Update Conference Call
Else Nutrition Holdings Inc. has announced a business update conference call scheduled for May 15, 2024, to discuss the companys financial results for Q1 2024 and other developments. The company, which focuses on developing innovative, clean, and plant-based food and nutrition products, has seen rapid sales growth since launching its Plant-Based Complete Nutrition for Toddlers. The product has received thousands of positive testimonials and reviews from parents and gained national retailer support. The companys Super Cereal also reached the #1 Best Seller in Baby Cereal across all brands on Amazon in September 2022.
Customers
growth-positive
Else Nutrition Announces Highly Anticipated First Commercial Launch of its Groundbreaking Plant-Based Infant Formula in Australia; Also Targeting $50B (USD) Plus Asia Pacific Baby & Child Nutrition Markets
Else Nutrition Holdings Inc. has announced the commercial launch of its first-in-class ‘Follow-On’ formula for infants ages 6-12 months and its Toddler Drink for toddlers ages 12-36 months in Australia. The Australian market was strategically selected due to its location in the Asia-Pacific region as a kickoff for a planned expansion of the Company’s entire product line across the region. The products are now available on Amazon in Australia, and plans are in place to roll them out through other online retailers and brick-and-mortar retail locations.
CustomersPartnersExpand
growth-positive
Else Nutrition Reports 2023 Financial Results and Provides Business Update
Else Nutrition Holdings Inc. reported a 38% sequential increase in revenue for Q4 2023 compared to Q3 2023, and a 10% increase in revenue for 2023 compared to 2022. The company expanded its retail presence, launched new products, and secured multiple partnerships. Despite manufacturing challenges, the company managed to increase its revenue to $9.4 million. The company also announced a transformative agreement with a U.S.-based powder manufacturer which reduces its cost of goods and improves margins. Else Nutrition also expanded into the Western European market, launching with UK natural food distributors.
CustomersPartnersExpand
Growth-Positive
Else Nutrition Schedules 2023 Fiscal Year Business Update Conference Call
Else Nutrition Holdings Inc. has announced a business update conference call scheduled for April 1, 2024, to discuss the companys financial results for the fiscal year 2023 and other developments. The company, which focuses on developing innovative, clean, and plant-based food and nutrition products, has seen rapid sales growth and received national retailer support since launching its Plant-Based Complete Nutrition for Toddlers. The brand has also received several awards and recognitions, including the 2017 Best Health and Diet Solutions award and the Best Dairy Alternative Award 2021.
Customers
growth-positive
Else Nutrition to Launch its Products in One of the Largest Independent Supermarket Operators in North America
Else Nutrition Holdings Inc. has announced a major expansion of its distribution network, partnering with one of the largest supermarket operators in North America. The retailer, which operates more than 420 stores across the U.S., will carry Elses kids and toddler product lines. The products are expected to be available in stores by the end of the second quarter of 2024. This partnership significantly expands Elses U.S. footprint, reaching millions of new potential customers. The companys CEO, Hamutal Yitzhak, expressed pride in collaborating with such a prominent retailer and anticipates further success.
CustomersPartnersExpand
growth-positive
BABY: Else Nutrition: Pioneering Plant-Based Nutrition for Every Age
Else Nutrition Holdings Inc., a food and nutrition company specializing in plant-based products, has announced a product licensing collaboration with Danone S.A. and expansion into major retail chains across North America. The company has also tripled its production capacity by establishing new facilities in the U.S. and Europe. Else Nutrition plans to present its new products at the Natural Products EXPO WEST® 2024. The company reported total revenues of CAD $1.7 million in Q3 2023, a decrease from the previous year, but anticipates a strong return to growth in Q4. Else Nutrition has also made progress towards FDA approval for its plant-based infant formula.
PartnersExpandInvestment
growth-positive
BABY: Else Nutrition: Pioneering Plant-Based Nutrition for Every Age
Else Nutrition Holdings Inc., a food and nutrition company that specializes in plant-based products, has seen rapid growth in sales and positive feedback from parents. The company has expanded its product offerings and distribution channels, including a collaboration agreement with Danone S.A. and entry into major retail chains. Else Nutrition has also tripled production capacity by establishing new facilities in the U.S. and Europe. The company plans to present its new products at the Natural Products EXPO WEST® 2024. Despite a decrease in total revenues in Q3 2023, Else Nutrition anticipates a strong return to growth in Q4.
CustomersPartnersExpand
growth-positive
Else Nutrition Expands Retail Presence in the United States with Major Midwest Retail Chain
Else Nutrition Holdings Inc. is set to expand its product line into 259 stores across six states in the Midwest US. This move is a significant milestone for the company as it continues to grow its presence in the US. The companys products will be available through a major Midwest retail chain, which Forbes ranks as the 14th-largest private company in the US. The retail chain is known for its commitment to providing fresh, high-quality food and exceptional value. The first shipments are expected to arrive in early April.
CustomersPartnersExpand
growth-positive
Else Nutrition Signs a Pioneering Powder Manufacturing Agreement
Else Nutrition Holdings Inc. has signed a landmark agreement with a premier US-based powder manufacturer, which is expected to reduce the Company’s manufacturing costs by 50% and secure essential powder production capacity to meet the growing demand for its toddler and kids nutritional powder products through at least the end of 2025. The new manufacturing process is designed to better preserve the powder’s nutrient content and to improve the solubility and texture of the Company’s powder products. This agreement is expected to improve the companys margins and ensure an adequate, consistent, and uninterrupted powder supply to support projected growth.
PartnersExpand
growth-positive
Else Nutrition Increases Canadian Market Penetration with Premier Ontario Retail Partner
Else Nutrition Holdings Inc. has announced a significant expansion of its plant-based nutrition products in Canada. The products are now available at over 35 locations of a leading Ontario-based retail grocery chain. This agreement brings Else’s Clean Label Certified Baby Cereals, Toddler Nutritional Supplement, and Kids Ready-to-Drink Shakes, in both Chocolate and Vanilla, into the hands of additional health-conscious families across Ontario. The company believes this expansion will enhance their overall strategy in the Canadian market.
CustomersPartnersExpand
growth-positive
Else to Showcase First-in-Kind Whole-Food Plant-Based Ready-to-Drink Kids Nutritional Shakes at Natural Products EXPO WEST® 2024
Else Nutrition Holdings Inc. is set to showcase its whole-food, plant-based, dairy-free and soy-free kids Ready-to-Drink (RTD) nutritional shakes at the Natural Products EXPO WEST® 2024. The company also plans to soft launch its Adult RTD nutritional product at the event. The companys kids RTD product is the first of its kind and the only whole food based kids nutrition shake available in the United States. The company expects to commercially launch the adult product during the second half of 2024.
CustomersPartnersExpand
growth-positive
Else Nutrition Partners with a Preeminent Supermarket Chain to Offer its Toddler Products and RTD Kids Shakes Throughout the Northeast, United States
Else Nutrition Holdings Inc. has announced the launch of its toddler products and Ready-to-Drink (RTD) Kids Shakes in a prominent supermarket chain with over 100 stores throughout the Northeast. This marks a significant step in the brand’s U.S. expansion and the debut of Else Nutritions RTD products in U.S. brick-and-mortar stores. The companys CEO, Hamutal Yitzhak, expressed that this expansion aligns with their mission to provide children with healthier, sustainable nutrition options and reinforces their commitment to making plant-based products available.
CustomersPartnersExpand
growth-positive
Else Nutrition Ready-To-Drink Kids Shakes on Shelves in Canada via Major Ontario Retail Chain
Else Nutrition Holdings Inc. has announced that its Ready-to-Drink (RTD) Kids Shakes are now available in a well-known retail chain across Ontario. This marks an important entrance into the Canadian retail market for the company. The Ontario retailer is the first brick-and-mortar retail partner in Canada to feature both the Vanilla and Chocolate flavors of Elses plant-based RTD Kids Shakes. The shakes will be available in over 100 stores and the company anticipates several Canadian accounts to follow. This development underscores Elses growing presence in the Canadian market.
CustomersPartnersExpand
growth-positive
Else Announces National Launch of its RTD Kids Shakes on Major Canadian Big-Box Warehouse Retailer’s Online Platform with Goal to Expand into Retail Stores
Else Nutrition Holdings Inc. has announced the availability of its new Ready-to-Drink (RTD) Kids Shakes on one of Canadas largest online retail platforms. The shakes, available in Vanilla and Chocolate flavors, offer 50% less sugar than leading brands and are packed with over 20 vitamins and minerals. The launch marks a significant milestone in the companys mission to provide healthy and nutritious products to Canadian families. The company is also laying the groundwork for expected in-store distribution in both the US and Canadian markets.
CustomersExpand
growth-positive
Else Launches Toddler and Kids Products in Over 150 Stores of a Major Retail Chain Providing Potential Access to 2,000 US Stores
Else Nutrition Holdings Inc. has announced the launch of its Toddler Organic, Toddler Omega, Vanilla Kids Shakes, and Chocolate Kids Shakes across 156 stores of a major retail chain in the Northeast and Mid-Atlantic regions. This is part of a larger international grocery group with over 2,000 stores across the United States. This expansion strengthens Elses presence in key U.S. markets and aligns with a retailer that has a significant global footprint. The company sees this as a major milestone, validating the retail appeal of its whole-food plant-based options.
CustomersExpand
growth-positive
Else Announces Online Launch of its Kids Ready-To-Drink Plant-Powered Shakes with One of America’s Largest Retailers
Else Nutrition Holdings Inc. has announced that one of the largest retailers in North America will be offering its Ready-to-Drink (RTD) Kids Shakes via its online store by the end of January 2024. This move marks a significant milestone for the company as it will make the product widely available to millions of consumers across the United States. The companys CEO, Hamutal Yitzhak, expressed her excitement about the development and the potential it holds for the brands growth.
CustomersPartnersExpand
growth-positive
Life Science Investor Forum: Presentations Now Available for Online Viewing
Virtual Investor Conferences, a leading proprietary investor conference series, has announced that presentations from the Life Science Investor Forum, sponsored by Zacks Small-Cap Research, are now available for online viewing. The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts can download investor materials from the companys resource section. Select companies are accepting 1x1 management meeting requests through December 19th. Virtual Investor Conferences provides an interactive forum for publicly traded companies to present directly to investors.
CustomersPartners
growth-positive
Life Science Investor Forum Agenda Announced for December 14th, 2023
Virtual Investor Conferences has announced the agenda for the Life Science Investor Forum to be held on December 14th, 2023. The event is sponsored by Zacks Small-Cap Research and is aimed at individual investors, institutional investors, advisors, and analysts. The forum will provide a platform for issuers to present their strategies to a wider investor audience. The event is part of the Virtual Investor Conferences series, which provides an interactive forum for publicly traded companies to present directly to investors.
CustomersPartners
growth-positive
Else Further Penetrates Canadian Market with Leading Retail Pharmacy Chain Listing of Ready-to-Drink Product
Else Nutrition Holdings Inc. has announced that its Ready-To-Drink (RTD) Kids Nutritional Shakes will be available in over 70 stores across Western Canada within a leading retail pharmacy chain during the first quarter of 2024. This expands Elses penetration within the Canadian market. The retail partner, which already carries a range of Else Nutrition products, offers an ideal platform for Else’s nutritious RTD products. The company also announced the amendment of the exercise price and expiry date of an aggregate of 2,857,142 common share purchase warrants of the company.
CustomersPartnersExpand
Growth-Positive
Else Nutrition to Present at the Life Sciences Investor Forum on December 14th
Else Nutrition Holdings Inc. has announced that its CEO, Hamutal Yitzhak, will present at the Life Science Investor Forum on December 14th, 2023. The event, hosted by VirtualInvestorConferences.com, will be an interactive online event where investors can ask questions in real-time. Else Nutrition is a food and nutrition company focused on developing innovative, clean, and plant-based food and nutrition products. The companys plant-based, non-soy formula is an alternative to dairy-based formulas. Since launching its Plant-Based Complete Nutrition for Toddlers, the brand has received thousands of testimonials and reviews from parents, gained national retailer support, and achieved rapid sales growth.
Customers
growth-positive
Else Completes First Production Run of Innovative Kids Ready-to-Drink Shakes in Preparation for Robust Commercial Rollout with Key Retailers Across North American Markets starting December 2023
Else Nutrition Holdings Inc. has announced the successful completion of its first large-scale production run of its Ready-to-Drink (RTD) Kids Shakes. The company is preparing for the commercial rollout of the product across North America starting December 2023. To facilitate this, Else Nutrition has secured partnerships with key regional retailers and online platforms in the U.S. and Canada. The company anticipates onboarding additional partners in the near term due to positive reception to its RTD products. Shipments have already begun in advance of the launch and deliveries to partners are expected to accelerate through the end of the year.
CustomersPartnersExpand
growth-positive
Else Nutrition Announces Amendment to Exercise Price of Warrants in Connection With a C$5 Million Overnight Offering of Units Priced At-The-Market
Else Nutrition Holdings Inc., a plant-based nutrition company for infants, toddlers, children, and adults, has announced an increase in the exercise price of the common share purchase warrants from C$0.45 to C$0.485. The warrants are part of the offering of 13,000,000 units of the company being sold in a previously announced C$5,005,000 overnight offering. The company expects to close the offering on November 21, 2023.
Investment
Growth-Positive
Else Nutrition Announces Closing of C$5 Million Offering of Units
Else Nutrition Holdings Inc., a plant-based nutrition company, has announced the closure of its previously announced offering of Units. The company issued a total of 13,000,000 Units at a price of C$0.385 per Unit, raising gross proceeds of C$5,005,000. The funds will be used for research and development, sales and marketing, inventory acquisition, and general corporate purposes. A.G.P. Canada Investments ULC acted as the sole agent and bookrunner for the offering.
Investment
growth-positive
Else Nutrition Launches Full Product Range in the Canadian Retail Locations of One of the World’s Largest Retailers of Organic and Natural Foods
Else Nutrition Holdings Inc. has announced the rollout of its products across Canada with a leading retailer of natural and organic foods. The launch includes Else Nutritions entire product range of Toddler Nutritional Supplements, Kids Drinks, and Baby Super Cereals. Following the launch in Canada, Else Nutrition and the retailer plan to expand to the U.S. market. The partnership aligns with Else Nutrition’s core values and commitment to providing high-quality, plant-based nutrition to families and children of all ages.
CustomersExpand
growth-positive
Else Nutrition Announces C$5 Million Overnight Offering of Units Priced At-The-Market
Else Nutrition Holdings Inc., a plant-based nutrition company, has announced a definitive agreement with a healthcare-focused institutional investor for the sale of 13,000,000 Units of the company at an issue price of C$0.385 per Unit. The aggregate gross proceeds will be approximately C$5 million before deducting fees and other estimated expenses. The company plans to use the net proceeds from the offering to fund research and development, sales and marketing, acquire inventory, and for general corporate purposes. The offering is scheduled to close on, or around, November 20, 2023.
Investment
growth-positive
Else Nutrition Reports Third Quarter 2023 Financial Results and Provides Fourth Quarter Outlook
Else Nutrition Holdings Inc. has reported a favorable revenue outlook for Q4 2023, expecting revenues between $2.7 million to $3.0 million due to growth in its retail network and expanding online distribution. The company has also entered into a multi-stage collaboration with global food and beverage company, Danone. Else Nutrition has seen an 8% increase in sales to brick-and-mortar retailers in the US and Canada during Q3 2023, and its products were listed in nearly 13,000 stores in North America. The company is also planning to enter the Australian market during Q4 2023.
CustomersPartnersExpand
growth-positive
Else Nutrition and Danone Enter Into a Binding Multi-Stage Collaboration
Else Nutrition Holdings Inc. has announced a multi-staged collaboration with Danone S.A., a global company specializing in fresh dairy products, plant-based, water, and specialized nutrition. The collaboration will involve Elses plant-based, soy-free products being included in Danones specialized nutrition portfolio and being manufactured, marketed, and commercialized by Danone. The collaboration is subject to the finalization of certain commercial terms and follows extensive due diligence by Danone. The definitive agreement is expected to be signed by the end of Q1, 2024.
Partners
growth-positive
Else Nutrition CEO to Participate in the Benzinga All Access Event on November 14th
Else Nutrition Holdings Inc. announced that its CEO, Hamutal Yitzhak, will be participating in the Benzinga All Access event on November 14, 2023. She plans to discuss the recent collaboration agreement with Danone and other business developments. Else Nutrition is a food and nutrition company that focuses on developing innovative, clean, and plant-based food and nutrition products. The company has gained national retailer support and achieved rapid sales growth since launching its Plant-Based Complete Nutrition for Toddlers.
Partners
Growth-Positive
Else Nutrition to Report Third Quarter 2023 Financial Results on November 14, 2023
Else Nutrition Holdings Inc, a plant-based nutrition company for infants, toddlers, children, and adults, has announced that it will report its third-quarter 2023 financial results on November 14, 2023. The company will also conduct a conference call on the same day to discuss the results. The company has seen rapid sales growth and received national retailer support since launching its Plant-Based Complete Nutrition for Toddlers. The brand has also received numerous awards and recognitions.
Customers
growth-positive
Else Announces United Kingdom Market Launch; Marks First Foray into the Multi-Billion Dollar European Market
Else Nutrition Holdings Inc. has announced the launch of its Plant-Based Complete Nutrition Toddler Drink in the UK. The product is now available nationally through partnerships with leading UK distributors and will soon be available online through Amazon UK. This marks the companys first entry into the European market. The companys CEO, Hamutal Yitzhak, stated that this is a game-changer for the company and for health-aware families. The European Baby Food market is expected to grow annually by 5.78% (CAGR 2023-2028).
CustomersPartnersExpand
growth-positive
Else Nutrition Announces a Leading Canadian Grocery Store Chain First to List its Whole Plant-Based Ready-to-Drink Kids' Nutritional Shakes
Else Nutrition Holdings Inc. announces that its Ready-To-Drink (RTD) Kids Nutritional Shakes will be available in over 100 stores of a leading grocery chain in Ontario, Canada, starting November 2023. This marks a significant stride in Else’s Canadian market penetration strategy. The Ontario grocery chain will be the first to market Elses unique plant-based RTD Kids Nutritional Shakes. This partnership amplifies Else’s mission of making plant-based nutrition readily accessible to a wider Canadian audience. The listing at this grocery chain is a significant step forward in satisfying the burgeoning demand for healthier, plant-based alternatives in the children’s nutrition segment.
CustomersPartnersExpand
Else Nutrition’s Ready-To-Drink Kids Shakes Approved for Sale by Leading Online Marketplace
growth-positive
Else Prepares for Production of Ready-To-Drink Kids' Nutritional Shakes Ahead of Multi-Channel Rollout in US and Canada
Else Nutrition Holdings Inc. has announced the commencement of commercial production of its Ready-To-Drink (RTD) Kids Nutritional Shakes in late October 2023. The plant-based RTD products will be shipped to over 400 stores in the US, over 200 grocery locations in Canada, and a major international online natural marketplace by the end of December 2023, for sale in Q1 2024. The company expects incremental revenues starting from 4Q23 into 2024. The CEO expressed confidence in their production partners and readiness to collaborate with grocery chain partners on both sides of the border.
CustomersPartnersExpand
Growth-Positive
Else Nutrition Announces Engagement of Red Cloud Securities
Else Nutrition Holdings Inc. has announced a partnership with Red Cloud Securities to provide liquidity services in compliance with TSX and other applicable legislation. Red Cloud will trade shares of Else on the TSX to maintain a reasonable market and improve the liquidity of Elses common shares. The company will pay Red Cloud $5,000 per month during the term. The agreement is primarily for maintaining market stability and liquidity for the companys common shares and is not a formal market-making agreement.
Partners
growth-positive
Else Set to Revolutionize the Canadian Kids Nutrition Market with Canada’s First Whole Plant Based Ready-To-Drink Kids Shakes
Else Nutrition Holdings Inc. is set to introduce its first-ever Ready-To-Drink (RTD) Kids Nutritional Shakes in vanilla and chocolate flavors for the Canadian market at the Canadian Health Food Association (CHFA) 2023 Conference in Toronto. The companys new products follow the successful launch of its plant-based Baby Super Cereals, Toddler Formula, and Kids Nutritional Shakes across Canada. The new RTD Kids Nutritional Shakes are Clean Label Project Purity certified, free from gluten, dairy, soy, corn syrup, and GMOs, and contain significantly less sugar than leading brands.
CustomersPartners
growth-positive
Else Nutrition Adds New Production Facility, Starts Commercial Production
Else Nutrition Holdings Inc. has started commercial production at a new US facility in the Mid West. The new facility will support the company’s manufacturing demand in North America in the coming years, lower costs, and improve product quality. The company completed production tests and scaleup in July and ran the first commercial production of its lead product, Toddler Organic, in August. The company plans to complete trials for the rest of its products in North America and enter a long-term supply agreement.
Expand
Growth-Positive
The Watchlist by The Market Herald Releases a New Interview with Northstar Gold, ARway.ai, Affinity Metals Corp, and Else Nutrition Discussing Their Latest News
The Market Herald has released a new interview with Northstar Gold, ARway.ai, Affinity Metals Corp, and Else Nutrition discussing their latest news. Northstar Gold Corp. has announced a non-brokered private placement financing for targeted minimum proceeds of $500,000. ARway.ai has announced a new paid for pilot contract with one of Southern Californias most popular shopping, dining and entertainment lifestyle destinations. Affinity Metals Corp. has announced that the Company has received confirmation from the Canadian Securities Exchange that the common shares of the Company commenced trading on the CSE effective at market open on August 2, 2023. Else Nutrition reported second quarter 2023 financial results for the period ending June 30, 2023.
InvestmentPartners
growth-positive
Else Nutrition Reports Second Quarter 2023 Financial Results
Else Nutrition Holdings Inc, a plant-based nutrition company, reported its 2Q23 financial results, showing a 3% increase in total revenues compared to 2Q22. The companys products were listed in nearly 13,000 stores in North America, a significant increase from 3,000 stores in 2Q22. Despite a decrease in ecommerce sales, the company expects these channels to return to growth in 2H23. Else Nutrition also received an additional investment of $3M CAD from Lind Partners. The company expanded its distribution to more than 7,000 CVS stores, more than 1,100 Walmart stores, and other locations. It also plans to enter Western Europe and Australia in 2H23.
CustomersPartnersInvestmentExpand
Growth-Positive
Else Nutrition to Report Second Quarter 2023 Financial Results on August 14, 2023
Else Nutrition Holdings Inc., a plant-based nutrition company for babies, toddlers, and children, has announced that it will report its Q2 2023 financial results on August 14, 2023. The company has scheduled a conference call on the same day to discuss the results. The company has received numerous positive testimonials and reviews from parents, gained national retailer support, and achieved rapid sales growth since launching its Plant-Based Complete Nutrition for Toddlers. The companys Super Cereal reached the #1 Best Seller in Baby Cereal across all brands on Amazon in September 2022.
Customers
growth-positive
Else Prepares to Enter The $52B Global Kids Nutrition Market with Ready-To-Drink Kids Nutritional Shakes
Else Nutrition Holdings Inc. is set to launch its first-ever Ready-To-Drink (RTD) products, Kids Nutritional Shakes, at the Natural Products Expo East in September 2023. This marks the companys expansion from its successful powdered product range into the larger, fast-growing RTD market. The Kids Nutrition market revenues were estimated at US$52 Billion in 2022 and are anticipated to grow at a CAGR of 5.5% from 2023 to 2033. Else Nutrition also announced the extension of the vesting deadline for an aggregate of 31,801,492 performance warrants by two years to June 12, 2027.
Expand
Growth-Positive
Else Nutrition Products Now Available at 110 Schnucks Supermarkets
Else Nutrition Holdings Inc. has expanded its distribution in the Midwest market by partnering with Schnucks, a dominant supermarket chain in the region. Else Toddler Organic 22oz is now available on the shelves at an estimated 110 Schnucks locations across Missouri, Illinois, Indiana, and Wisconsin. This collaboration is part of Elses commitment to making its clean-label, plant-based nutrition products accessible to families nationwide. The companys plant-based, non-soy formula is a clean-ingredient alternative to dairy-based formulas.
PartnersExpand
growth-positive
Else Nutrition Achieves Another WIC Approval: Oklahoma Welcomes Kids Shakes and Toddler Nutrition Products
Else Nutrition Holdings Inc. has announced that its Kids Nutritional Shakes and Plant-Based Complete Nutrition for Toddlers have been approved by the Oklahoma Women, Infants, and Children (WIC) program. This follows recent product approvals in Arizona and under US federal insurance billing. The approval allows children with specific medical conditions and a physician’s prescription in Oklahoma to access Elses plant-based nutrition solutions. The companys CEO, Hamutal Yitzhak, sees this as a step towards reshaping access to plant-based nutrition and expects further WIC approvals in the future.
CustomersExpand
growth-positive
Else Nutrition’s Plant-Based Kids Shakes Now Approved by the Arizona WIC Program
Else Nutrition Holdings Inc. has announced that its Kids Nutritional Shakes have been approved by the Arizona Women, Infants, and Children (WIC) program. This follows the companys recent milestone of having four products approved for US federal insurance billing. The companys strategic approach aims to broaden access and availability of plant-based nutrition products across the United States. Children with qualifying medical conditions and a physician’s prescription can now benefit from Else Kids plant-based nutrition. The company anticipates more WIC wins as it continues to enhance accessibility.
CustomersExpand
growth-positive
Else Announces Closing of Subsequent Institutional Investment For Gross Proceeds of US$2.5m
Else Nutrition Holdings Inc. has elected to increase the face value of its convertible security by US$3 million under its previously announced convertible security funding agreement with Lind Global Fund II LP, an entity managed by The Lind Partners, LLC. This results in additional net proceeds of US$2,420,012 after deduction of the original issue discount and closing fees. The total face value of the convertible security has increased from US$5.1 million to US$8.1 million. The company also issued common share purchase warrants exercisable into common shares in the capital of the company.
Investment
growth-positive
Else Announces Results from Annual General Meeting of Shareholders and New Director
ELSE NUTRITION HOLDINGS INC. held its annual general meeting on June 29, 2023, where all resolutions were passed. The number of directors was set at seven and all of managements director nominees were re-elected. Shareholders also approved the re-appointment of Kost Forer Gabbay & Kasierer as the companys auditor, the amendment of certain issued and outstanding common share purchase warrants, the issuance of common shares to Lind Global Fund II LP, and an amendment to the companys stock option plan. The company also welcomed Mr. Yaki Lutski to the board of directors.
Management Changes
Growth-Positive
Life Science Investor Forum: Presentations Now Available for Online Viewing
Virtual Investor Conferences, a leading proprietary investor conference series, has announced that presentations from the Life Science Investor Forum held on June 22nd are now available for online viewing. The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts can download investor materials from the companys resource section. Select companies are accepting 1x1 management meeting requests through June 27, 2023. Virtual Investor Conferences provides an interactive forum for publicly traded companies to present directly to investors.
Customers
growth-positive
Else Nutrition Products Approved for US Federal Insurance Covered Under the Center for Medicare & Medicaid Services
Else Nutrition Holdings Inc. has announced that four of its products have been approved for US federal insurance billing under the Center for Medicare & Medicaid Services HCPCS Codes. This approval will increase the accessibility of Elses plant-based nutrition products, expanding the potential audience and reaching more families who need dairy-free, clean label alternatives for their children. The companys CEO, Hamutal Yitzhak, expressed excitement over the achievement, stating that it validates the quality of their products and enables them to broaden their reach across the United States.
CustomersExpand
growth-positive
Life Science Investor Forum Agenda Announced for June 22nd
Virtual Investor Conferences, a leading proprietary investor conference series, has announced the agenda for the Life Science Investor Forum. The conference is open to individual investors, institutional investors, advisors, and analysts. The conference will provide a platform for companies in the life sciences sector to engage with and broaden their investor base. The event is free to attend and participants can schedule one-on-one meetings with management. The conference is designed to replicate the components of an on-site investor conference, offering companies enhanced capabilities to connect with investors and enhance their presentations with dynamic video content.
Customers
growth-positive
Else Nutrition Holdings Inc. to Present at the Life Science Investors Forum on June 22nd
Else Nutrition Holdings Inc., a plant-based nutrition company, has announced its CEO, Hamutal Yitzhak, will present at the Life Science Investors Forum on June 22, 2023. The company has expanded its distribution to over 7,000 CVS stores, 750 Walmart stores, 440 Loblaws stores, 600 Sobey’s stores, and 161 Giant Food Stores. Else products are now listed in nearly 12,000 stores in North America, reflecting a tenfold growth. The company has also expanded its production capacity by adding a second manufacturing facility in the US and launching its first in Europe. Else plans to enter Western Europe and Australia in the second half of 2023.
CustomersExpand
growth-positive
Else Products Now Available in All 50 US States, Expanding Baby, Toddler, and Kids Nutrition Choices Nationwide
Else Nutrition Holdings Inc. has announced that its products are now available in over 10,000 stores across the United States, making it a national brand. This expansion marks a significant milestone for the company, reflecting the increasing demand for its plant-based baby and kids nutrition products among health-conscious parents. In addition to the U.S. market, Else Nutritions products are also available in over 2,500 stores in Canada, making them accessible in more than 12,500 stores across North America. The companys products can now be found in all 50 states and over 3,000 cities.
CustomersExpand
growth-positive
Else Expands Its Plant-Based Products to Over 900 Locations in Canada’s Largest Pharmacy Retailer
Else Nutrition Holdings Inc. has announced that it has expanded its distribution in the Canadian market, including Quebec, with Canada’s largest pharmacy. The national rollout in late May 2023 will focus on Else Toddler Formula, the highest-ranked seller within Else Nutrition’s portfolio. This marks a major milestone for Else Nutrition, which launched formally in Canada in August 2022. Canadian consumers will now be able to find Else’s plant-based Toddler Formula, now widely distributed in another one of Canada’s core retailers, this time within the Canadian National Drug Channel.
CustomersExpand
growth-positive
Else Nutrition Expands Product Offering with Major Retailer
Else Nutrition Holdings Inc. has announced that Walmart will now carry its Toddler Organic and Toddler Omega products. These products will be available alongside the Super Cereal and Kids Shake products from Else that are already available at Walmart. The company expects this expansion to help it reach more customers in the Toddler category and further grow its national retail presence.
CustomersPartnersExpand
growth-positive
Else Nutrition Reports 23% Sequential Revenue Growth in the First Quarter of 2023
Else Nutrition Holdings Inc., a plant-based baby, toddler, and children nutrition company, reported its first quarter 2023 financial results. The companys total revenues were $2.9M, an 82% increase compared to the same period in the previous year. Despite product shortages, the company managed to increase its production pace to meet growing demand. Else Nutrition expanded its distribution to more than 7,000 CVS stores, over 750 Walmart stores, and others. The company also plans to enter Western Europe and Australia in the second half of 2023.
CustomersExpand
growth-negative
PishPosh, Inc. Announces Postponement of its Initial Public Offering
PishPosh, Inc. announced that its underwritten public offering has been postponed. The companys shares of common stock were expected to begin trading on Nasdaq Capital Market, but the initial public offering has been delayed. The management intends to pursue the IPO at a later date.
Public Trading
growth-positive
PishPosh, Inc. Announces Pricing of $9.1 Million Initial Public Offering
PishPosh, Inc., a rapidly growing online retailer of premium baby products, has announced the pricing of its initial public offering (IPO) of 1,820,000 shares of common stock at a price of $5.00 per share. The IPO is expected to generate $9,100,000 of gross proceeds for the company. The shares are set to begin trading on the Nasdaq Capital Market under the symbol BABY. The offering is being made with Boustead Securities, LLC as the sole underwriter. The closing of the offering is expected to take place on or about March 10, 2023. PishPosh is known for its engaged customer base of middle- and upper-class mothers and offers a wide range of baby products through its website and third-party marketplaces.
Public Trading
growth-positive
Else Nutrition non-soy vegan baby formula hits US shelves
Else Nutrition, an Israeli company, has signed a distribution agreement with United Natural Foods (UNFI) to distribute its plant-based formula for toddlers in over 30,000 retail outlets in the United States. UNFIs extensive network and relationships with retail accounts position Else Nutrition for exponential reach and accessibility. Else Nutritions formula, made from almonds, tapioca, and buckwheat, is organic, gluten-free, and FDA-approved. It has already been a bestseller on Amazon and is currently sold online and in Sprouts Farmers Market stores. The company plans to launch a nutritional drink for kids ages 3-8 in the next quarter and is also working on a formula for babies six months and up. Else Nutritions leadership includes individuals with experience in leading infant nutrition companies and medical centers.
Partners
growth-positive
Else Signs Distribution Agreement with Imperial Distributors
Else Nutrition Holdings Inc. has signed a distribution agreement with Imperial Distributors, a U.S.-based distribution company. The agreement will increase Elses distribution potential network by 4,200 chain and independent retail locations throughout the U.S. and Bermuda. Imperial Distributors is recognized as a leader in distribution, merchandising, and category management in the Northeast, South Atlantic, and Midwest U.S. states. The partnership with Imperial will play a key role in Elses growth in the core region, starting with Big Y in April. Else Nutrition Holdings is a plant-based baby, toddler, and children nutrition company.
Partners
growth-positive
Else Nutrition Receives Canadian Patent for Infant & Toddler Formulation Composition
Else Nutrition Holdings Inc. has been granted and registered a Canadian patent for its formulation composition for use in an infant and/or toddler formulation. The patented composition provides the necessary proteins, amino-acids, and other nutrients needed in a single food serving for balanced nutrition. This growth of intellectual property in the Canadian market is timely as the company plans to expand its North American presence. The company already holds a global patent for its plant-based formulation and aims to extend into other geographies and market segments. Else Nutrition Holdings is focused on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children, and adults.
CustomersExpand
growth-positive
Else Nutrition is #1 on Amazon's Best-Selling Hot New Releases in Baby & Toddler Formula Category
Else Nutrition Holdings Inc.s Plant-Based Complete Nutrition for Toddlers ranked as the top-selling product on Amazons Hot New Releases in the Baby and Toddler Formula Category. The company is experiencing high demand for its toddler nutrition on the Amazon platform, indicating that U.S. parents are seeking healthy alternatives for their children. Else Nutrition has also started shipping its product with KeHE Distributors and will be available in various U.S. retail stores, including a national grocery chain. The article highlights the companys success and growing popularity in the market.
Customers
growth-positive
Else Nutrition : Commences First Shipment to U.S. Retailers in Time for Christmas and Holiday Shopping MarketScreener
Else Nutrition Holdings Inc. has announced that it has commenced shipping its Plant-Based Complete Nutrition for Toddlers to retail stores across the U.S. The company has partnered with KeHE Distributors to activate five distribution centers in various regions across the country. This distribution will allow Elses product to be available in numerous U.S. retail stores, including a major grocery chain. The CEO of Else Nutrition expressed appreciation for KeHE Distributors support and expects early success and aggressive listings in 2021. KeHE Distributors is a well-regarded national food distributor in North America. Else Nutrition Holdings is an Israel-based food and nutrition company focused on developing plant-based products for infants, toddlers, children, and adults.
CustomersPartners
growth-positive
Else Launches a Nationwide Brand Campaign in the U.S.: "In an Else World"
Else Nutrition Holdings Inc. has announced the launch of its first national brand campaign, In an Else World. The campaign aims to spread the companys mission of providing real, plant-based and no-compromise nutrition alternatives for parents to feed their child. It will be featured nationally across social and digital platforms, including Facebook, Instagram, and YouTube. The campaign includes an interactive Instagram Live series with appearances from leading pediatricians, registered nurses, dietitians, and celebrity mom Hilaria Baldwin. Else Nutrition is excited to showcase its sustainable and cleaner offerings, including its breakthrough product, Else Plant-Based Complete Nutrition for Toddlers. The company plans to have a nationwide retail launch in 380 stores across the U.S. The campaign is created by the global creative agency Allenby Concept House and Animation Director Sivan Kidron.
CustomersPartners
growth-positive
Else Nutrition to Present at the North American Society for Pediatric Gastroenterology, Hepatology and Nutrition (NASPGHAN)
Else Nutrition Holdings Inc. will be participating in the NASPGHAN annual meeting, a virtual medical conference, to build awareness of its plant-based alternatives to dairy-based baby nutrition. The company aims to educate pediatricians and medical experts about the health benefits of its products. The participation in the conference is seen as a growth-positive move for the company. The event is virtual due to COVID-19. Else Nutritions products are available for sale on its e-store and Amazon.com.
Customers
growth-positive
Else Nutrition Announces Successful Completion of Second Full-Scale Manufacturing Run and Commencement of Third Full-Scale Run in Early November
Else Nutrition Holdings Inc. provides an update on its North American product launch of its plant-based Toddler Nutrition product. The company has successfully completed a second commercial manufacturing run and will commence a third manufacturing run. This scale-up of production will generate additional inventory to support the companys expansion in the U.S. market and online sales. Else Nutrition has also completed setup and order automation processes for its E-commerce sales. The companys Toddler Nutrition product is now available for sale on its e-store and Amazon.com. The article highlights the positive response from parents and the importance of a consistent and scalable manufacturing process.
CustomersExpand
growth-positive
ELSE Nutrition Toddler Products to Launch in Over 380 U.S. Retail Locations in November 2020
Else Nutrition Holdings Inc. is expanding its distribution to provide nationwide product availability in retail stores, Amazon.com, and its e-store. The company expects to begin store distribution in late November 2020, reaching 380 stores in western and southern regions of the United States. This expansion is a growth-positive move for the company. The key theme of the article is the expansion of distribution. The key issues discussed in the article are customers and partners. The article does not mention any specific customers or partners. The date of the event described in the article is October 28, 2020. My confidence in this answer is 9/10.
CustomersPartners
growth-positive
Else Nutrition Engages Power Digital to Lead Performance Marketing, Influencer and PR Efforts
Else Nutrition Holdings Inc. has engaged Power Digital as its digital marketing agency of record. Power Digital will support Else Nutritions U.S. performance marketing with paid advertising campaigns, influencer programming, and public relations initiatives. Power Digital recently acquired Else Nutritions public relations agency, Covet PR, which will continue to support the brands PR and communications efforts. Else Nutrition is focused on developing innovative, plant-based food and nutrition products for infants, toddlers, children, and adults. The partnership with Power Digital is expected to help Else Nutrition scale its business and bring complete, plant-based nutrition to customers.
Partners
Hong-Kong Listed H&H Leads a $25.7M Investment In Else Nutrition
growth-positive
חברת Else Nutrition השלימה גיוס של כ-26 מיליון דולר קנדי
Else Nutrition, an Israeli food company specializing in plant-based formulas for infants, children, and adults, has completed a public and private fundraising round, raising approximately CAD 25.7 million. The public offering included the issuance of 9.2 million units at a price of CAD 2.25 per unit, each unit consisting of a share and a half-option to purchase a share at CAD 3.25. The company also received approval from the Canadian stock exchange to trade the options under the symbol BABY.WT. In parallel, Else Nutrition conducted a private placement of 2.22 million units for CAD 5 million, with H&H increasing its stake in the company to approximately 11.6%. The fundraising will allow Else Nutrition to develop new products, expand marketing activities in North America, and launch products in other regions with the help of strategic partners and distributors.
InvestmentPartnersExpand
growth-positive
2020-09-24 TSX:BABY Press Release Else Nutrition Holdings Inc.
Else Nutrition Holdings Inc. has announced that its plant-based soy-free Complete & clean label Nutrition for Toddlers is now available for U.S. customers via Amazon.com. The company is expanding into the online retail space as consumers increasingly rely on grocery delivery services during the COVID-19 pandemic. Selling direct to consumers through online channels is a major part of Elses global go-to-market strategy. The company is also pursuing new channels to bring its products to natural food and grocery stores across the United States. The move comes as plant-based products continue to outpace overall food sales in the U.S., providing a significant growth opportunity for retailers. Else Nutritions Plant-Based Complete Nutrition for Toddlers & Babies is available on Amazon.com at prices of US$36 for a single pack and US$136 for a 4-pack.
CustomersExpand
growth-positive
Else Nutrition Announces an Increase to Previously Announced Bought Deal Public Offering
Else Nutrition Holdings has entered into an agreement with Canaccord Genuity Corp. to increase the size of its previously announced bought deal financing. The underwriters have agreed to purchase 8,000,000 units of the company at a price of C$2.25 per unit, resulting in aggregate gross proceeds of C$18 million. The company has also granted the underwriters an option to purchase up to an additional 1,200,000 units. The offering is expected to close on October 6, 2020. In addition to the offering, the company is increasing the size of its previously announced non-brokered private placement. The proceeds will be used for marketing, distribution, inventory, and general corporate purposes.
Investment
growth-positive
Else Nutrition Announces $10 Million Bought Deal and Concurrent up to $5 million Private Placement
Else Nutrition Holdings has entered into an agreement with Canaccord Genuity Corp. for a bought deal offering of 4,445,000 units at a price of $2.25 per unit, resulting in gross proceeds of approximately C$10 million. The company has also granted the underwriters an option to purchase additional units, which could bring in additional gross proceeds of approximately $1.5 million. The offering is expected to close on October 6, 2020. The proceeds will be used for marketing, distribution, inventory, and general corporate purposes.
Investment
growth-positive
Else Nutrition and KeHE Distributors Sign Distribution Agreement to Bring Novel Plant-Based Toddler Nutrition Product to US Retailers
Else Nutrition Holdings has signed a distribution agreement with KeHE Distributors to make its plant-based toddler nutrition products available across North America. The agreement will allow Elses products to be distributed to thousands of stores in the US. Distribution will begin in October 2020 from KeHEs California Oregon distribution centers. KeHE, which has nearly 70 years of experience in the industry, is one of the largest and most well-regarded national fresh, natural, organic, and specialty food distributors in North America.
PartnersExpand
growth-positive
Hilaria Baldwin Joins Else Nutrition as a Brand Ambassador for Plant-Based Toddler Nutrition Launch in U.S.
Else Nutrition Holdings has announced its partnership with Hilaria Baldwin, who will serve as a brand ambassador for the companys Plant-Based Complete Toddler Nutrition. Baldwin, a celebrity author, podcast host, and parenting expert, has joined Else Nutrition to promote its plant-based toddler formula alternative. The collaboration aims to raise awareness of the benefits of clean-label, plant-based baby nutrition. Baldwin will create social media and video content to highlight her own experiences and journey as a plant-based mother. Else Nutrition recently made its debut on national U.S. television, with Baldwin appearing on E!s Daily Pop to explain why she chose Else for her toddler. The companys Plant-Based Complete Nutrition for Toddlers & Babies is available for order on its e-store.
Partners
growth-positive
Else Nutrition Commences First phase of Full-Scale Marketing Campaign for Launch of New Toddler Nutrition Product
Else Nutrition Holdings Inc. has launched the marketing campaign for its Plant-based Complete Nutrition product for Toddlers in North America. The company has engaged with nearly 50 key influencers and partnered with online communities to promote its product. They have also signed a branded content partnership with Hilaria Baldwin and Dr. Jennifer Trachtenberg M.D. to create content and provide consultation services. Else Nutritions product is now available for sale on its e-store and will soon be available on Amazon.com.
CustomersPartners
growth-positive
Else Nutrition Announces a Second Full-Scale Manufacturing Run and On-boarding of Retail Brokers for North American Launch
Else Nutrition Holdings has announced a second full-scale manufacturing run of its plant-based baby food products. The company has also entered into on-boarding agreements with additional retail brokers to meet the increasing demand for its products. This announcement comes as consumer demand for plant-based food products is surging. Else Nutrition has engaged with retail brokers to bring its products to shelves in regional grocers and natural food retailers across the US. The company has also set up automated infrastructure for e-commerce sales. Plant-based products have gained popularity in the food market, and Else Nutrition aims to be a first-mover and industry leader in the plant-based baby food segment.
CustomersPartners
growth-positive
Else Nutrition to Present at August 2020 Lytham Partners Virtual Investor Growth Conference
Else Nutrition Holdings Inc. is scheduled to participate in a virtual presentation and fireside chat at the August 2020 Lytham Partners Virtual Investor Growth Conference. The company is focused on developing plant-based alternatives to dairy-based baby nutrition. They will also be participating in virtual one-on-one meetings. Else Nutrition Holdings Inc. is a publicly traded company listed on the TSX Venture Exchange, US OTC Markets QX board, and Frankfurt Exchange.
PartnersInvestment
growth-positive
Else Nutrition Announces North American Launch of World's Only Real Alternative to Dairy-Based Baby Nutrition
Else Nutrition Holdings Inc. has introduced a novel protein source for baby nutrition with a breakthrough, clean, and sustainable production process. The company has launched its Else Plant-Based Complete Toddler Nutrition, which is the first fully certified USDA Organic, Clean Label, Plant-Based, Soy-Free nutritional drink for toddlers. The product is dairy-free, soy-free, corn syrup-free, gluten-free, and non-GMO. It is made with whole-plant organic ingredients and meets the gold standard equivalent of human milk nutritional composition values. Else Nutrition plans to launch a plant-based, clean label infant formula in the future. The product is now available for purchase on the companys website and will be offered on Amazon.com and select retail chains later this year.
Customers
growth-positive
Else Nutrition Provides Corporate Update
Else Nutrition Holdings Inc., a developer of plant-based alternatives to dairy-based baby nutrition, has provided a corporate update. The company has successfully completed the first full-scale commercial manufacturing run of its plant-based formula for toddlers with a U.S. manufacturing partner. The product will be launched in North America in August 2020, with a marketing campaign and pre-order sales already underway. Else Nutrition is also progressing on the regulatory pathway for multiple products, including an infant formula. The company is in negotiations with its strategic partner, H&H Global, for distribution rights in France and other markets. Else Nutrition is well capitalized, with approximately CAD$7.0 million in cash, to support its manufacturing and go-to-market plans for the next 12 months.
CustomersPartners
growth-positive
Else Nutrition Retains Lytham Partners, LLC for Investor Relations
Else Nutrition Holdings Inc. has retained Lytham Partners, LLC to provide investor relations services and engaged Native Ads Inc. to manage a digital media marketing campaign. Lytham Partners will receive US$6,000 per month for their services, while Native Ads will provide comprehensive marketing services for a total cost of CAD$100,000. Lytham Partners is a leading investor relations firm in the United States, and Native Ads will handle content creation, web development, media buying, and distribution for Else Nutrition. Else Nutrition Holdings is an Israel-based food and nutrition company focused on developing plant-based products for infants, toddlers, children, and adults.
InvestmentPartners
growth-positive
Else Nutrition Receives Key USDA Organic Certification Ahead of Toddler Nutrition Product Launch in U.S.
Else Nutrition Holdings Inc. has received USDA Organic certification for its plant-based complete nutrition product for toddlers. The certification affirms that the product is fully sourced and processed according to federal organic guidelines. This certification demonstrates the companys commitment to providing safe, organic, clean label, plant-based nutrition products. Else Nutrition has also opened its e-store for pre-orders of the product.
Customers
Else Nutrition Signs Key U.S. Retail Broker Agreements Ahead of Toddler Product Launch
growth-positive
Else Nutrition Receives Key Clean Label Certifications Ahead of U.S. Launch of Toddler Nutrition Product
ELSE NUTRITION HOLDINGS INC. has announced that its plant-based complete nutrition product for toddlers has received multiple key certifications. The product is now certified by leading independent organizations for being a certified clean label product, a certified plant-based product, and a certified soy-free product. These certifications demonstrate the companys commitment to creating safe, clean label, plant-based, dairy-free, and soy-free nutrition products. Customers in the U.S. will soon be able to pre-order the product. The article does not mention any specific partners, customers, valuation amount, acquisition amount, investment amount, layoffs, or date of the event.
Customers
https://finance.yahoo.com/news/else-nutrition-announces-u-launch-110000651.html
https://finance.yahoo.com/amphtml/news/else-nutrition-announces-listing-frankfurt-110000117.html
growth-positive
Else Nutrition Provides Corporate Update
ELSE Nutrition Holdings Inc. has engaged Covet PR for the launch of their plant-based baby nutrition products in the U.S. The company conducted a successful social media campaign, reaching over 320,000 potential customers. They have also partnered with Moms Meet to raise brand awareness. The product launch, originally scheduled for July, has been delayed by approximately 4-8 weeks due to COVID-19. The company expects to finalize an agreement with a leading organic baby formula manufacturer in June. ELSE Nutrition Holdings is a publicly-traded company listed on the TSX Venture Exchange and the NY OTC QB Exchange.
PartnersCustomers
growth-positive
Plant-based infant formula: Else Nutrition adds India to IP portfolio in market access push
Else Nutrition, a company that produces plant-based infant and toddler formulas, has received intellectual property (IP) grants in key growth markets in Asia-Pacific. The company aims to extend its global reach and impact by providing an alternative to formulas containing cows milk protein or soy protein. Else Nutritions toddler formula is 100% plant-based and non-soy, with almond, buckwheat, and tapioca as its main ingredients. The company plans to enter the Chinese market, which is the largest in the category, and has recently completed a financing round with NewH2 Limited. Else Nutrition is also on track to launch in North America and Europe, with manufacturing for the North America market scheduled for Q2. The company is working on a formulation for its plant-based infant formula, which will undergo animal and clinical studies.
CustomersPartnersInvestment
https://www.otcmarkets.com/stock/BABYF/news/Else-Nutrition-Announces-Timing-of-its-Disclosure-Documents?id=260400
growth-positive
Else Nutrition Announces Expansion of Intellectual Property Portfolio to India and Canada
Else Nutrition Holdings Inc., a developer of plant-based infant and toddler nutrition, has expanded its intellectual property portfolio to India and Canada. The company has received a formal grant from the Indian Patent office and a notice of allowance from the Canadian Intellectual Property Office for its proprietary, clean, plant-based formulation for infant and toddler populations. The company has also engaged AGORACOM for investor awareness, marketing and branding services, for which it will issue an aggregate of $60,000 plus applicable taxes in the form of common shares of Else.
InvestmentExpand
https://finance.yahoo.com/news/else-nutrition-provides-corporate-113000725.html
growth-positive
Else Nutrition Completes $8,000,000 Private Placement and Strategic Investment by NewH2 Limited
Else Nutrition Holdings Inc. has closed a non-brokered private placement and received a strategic investment from NewH2 Limited, a subsidiary of Health and Happiness International Holdings Ltd. The private placement raised gross proceeds of C$8,000,000, and NewH2 acquired approximately 11.15% of Else Nutritions issued and outstanding common shares. The company plans to use the funds to accelerate its launch in the United States, enhance manufacturing capabilities, build distribution relationships, and undertake marketing initiatives. NewH2 has also been granted certain rights and a board seat on Else Nutritions board of directors. The private placement is expected to support the companys growth and expansion efforts.
Investment
growth-positive
Else Nutrition Aims to Disrupt Baby and Child Nutrition Forever, with Plant-Based, Non-Dairy/Non-Soy Nutrition
Else Nutrition, a developer and marketer of plant-based nutrition products, is launching its first commercial product in the U.S. It is a 100 percent plant-based, organic toddler nutrition made with almonds, buckwheat, and tapioca. The startup aims to disrupt the baby and child nutrition market by offering a clean, plant-based alternative to dairy and soy formulas. The product will be sold online and through select retailers. Else Nutrition plans to expand its product line to include nutrition products for children of all ages. The company was founded by infant nutrition veterans and is based in Tel Aviv, Israel.
Customers
https://www.foodbev.com/news/plant-based-infant-formula-brand-else-nutrition-secures-funding/
growth-positive
Else Nutrition Announces C$5.75 Million Strategic Investment by NewH(2) Limited and the Signing of a Distribution Agreement with Health and Happiness International Holdings Limited, a Global Premium Nutrition and Wellness Company
Else Nutrition Holdings Inc. has entered into an investment agreement with NewH2 Limited, a subsidiary of Health and Happiness (H&H) International Holdings Limited. NewH2 has agreed to invest C$5.75 million in Else Nutrition as part of a private placement offering. The company plans to use the proceeds to accelerate its launch in the United States, enhance manufacturing capabilities, build distribution relationships, and undertake marketing initiatives. Else Nutrition has also signed a Memorandum of Understanding with Health and Happiness (H&H) Hong Kong Limited for future distribution of its products in various markets. The partnership with H&H is seen as a growth opportunity for Else Nutrition in the plant-based infant nutrition category. The offering is expected to close on February 26, 2020.
InvestmentPartners
https://ca.finance.yahoo.com/news/else-nutrition-announces-c-5-123000516.html
growth-positive
Else Nutrition Launches Plant-Based Toddler Formula
Else Nutrition, a developer and marketer of clean-ingredients, plant-based nutrition products, is launching its first commercial product, a plant-based toddler formula. The formula is made with almonds, buckwheat, and tapioca and is free of dairy, soy, gluten, hormones, antibiotics, palm oil, and corn syrups. The company aims to provide a clean, safe, and nutritious alternative for parents worldwide. The toddler formula will be available for pre-ordering online and will be sold on Amazon and select specialty retailers. Else Nutrition plans to launch its plant-based infant formula in the future.
Customers
growth-positive
Else Nutrition Holdings Inc. Signs Production MOU with a Leading U.S. Organic Baby Formula Producer
Else Nutrition Holdings Inc. has signed a 5-year production Memorandum of Understanding (MOU) with a leading U.S. based organic baby formula producer. The company plans to produce its proprietary powder for infant, toddler formula, and childrens nutritional drinks at a new facility. Else Nutrition will invest approximately USD $500,000 for a dedicated packaging and manufacturing line. The first products, plant-based, non-dairy, non-soy toddler formula, and childrens nutritional drinks, are expected to launch in the U.S. in Q2-2020.
Partners
growth-positive
ELSE Nutrition Receives U.S. Notice of Allowance from the U.S. Patent and Trademark Office
Else Nutrition Holdings has received a notice of allowance from the U.S. Patent & Trademark Office for the extension of its existing patents to cover the market of adults suffering from malnutrition. The extension allows the company to use its proprietary formula for adults with specific malnutrition-related conditions. The companys CEO, Hamutal Yitzhak, stated that the extension represents a milestone that paves the way for future product expansion beyond the baby and toddler market segments. Else Nutrition also announced that it has re-engaged Native Ads Inc. to provide digital media marketing services.
CustomersPartners
growth-positive
https://www.streetinsider.com/Accesswire/ELSE+Nutrition+Receives+Grant+and+A+Notice+of+Allowance+From+the+Eurasian+and+Japanese+Patent+and+Trademark+Offices/16336395.html
ELSE Nutrition Holdings has received a formal grant from the Patent & Trademark office in Eurasia and a notice of allowance from the Patent & Trademark office in Japan for the extension of its proprietary, 100% plant-based formulations, to the adult population. The company intends to expand its future product portfolio to address the global adult population as the demand for plant-based products continues to grow worldwide. This development is seen as growth-positive for ELSE Nutrition Holdings.
Expand
Else Nutrition Receives Favorable Regulatory Assessment Ahead of U.S. Market Launch
growth-positive
Else Nutrition Appoints New Director
Else Nutrition Holdings Inc. announces the election of Mr. Eli Ronen to the board of directors at the annual shareholder meeting. Mr. Ronen has over 20 years of experience in the Environmental Engineering industry and has held various positions in the field. Else Nutrition Holdings Inc. is a food and nutrition company focused on plant-based products for the infant, toddler, children, and adult markets.
Management Changes
growth-positive
Else Nutrition Holdings Inc. Announces Ms. Chelsie Hodge - Appointed to Director of Corporate Relations
Else Nutrition Holdings Inc. has announced the appointment of Chelsie Hodge as the new Director of Corporate Relations. Hodge will focus on stakeholder and media relations, as well as building sales and distribution in the North American market. Hodge brings a decade of experience in the public markets and the better-for-you food space, including roles at plant-based nutrition company Vega and as the founder of Blender Bites. Else Nutrition is a food and nutrition company that develops and markets plant-based food and nutrition products for infants, toddlers, children, and adults. The company aims to be a key player in the plant-based sector.
Management ChangesExpand
growth-positive
Will an Israeli plant-based infant formula go mainstream?
Tel Aviv-based company Else Nutrition plans to launch a plant-based formula for infants and toddlers as an alternative to breastmilk. The formula, composed of almond milk and buckwheat, aims to provide a near perfect alternative for children who are allergic or lactose intolerant. The company has spent five years developing and testing the product and plans to launch it in online stores in North America in 2020. Else Nutrition recently received a $5.7 million investment from Canaccord Genuity Corporation and is now listed on the Toronto Stock Exchange. The company has plans for expansion and hopes to develop products for the entire family.
CustomersInvestment
growth-positive
Else Nutrition: New Alternative For Baby and Toddler Formula BTV
Else Nutrition has developed a 100 percent plant-based alternative to dairy-based baby nutrition. They have the number one baby snack brand in Israel and are disrupting the infant formula industry. The company has two types of formulas, one for toddlers and one for newborns or infants. The toddler formula is about to be put on virtual shelves in Q2 of 2020. Else Nutritions formula is medically-endorsed and meets the nutritional gold standard composition values of breast milk. They are targeting the North American market as their first market due to high demand from parents.
CustomersExpand
growth-positive
Else Nutrition OTC Markets Quotation
Else Nutrition Holdings Inc. corrects its news release to clarify that its shares are currently quoted on the OTC Pink Market and not the OTCQB. The company has applied to quote on the OTCQB and to have U.S. trades in its shares eligible to be cleared through The Depositary Trust Company (DTC). These steps aim to improve the liquidity of the companys shares and simplify the trading process in the U.S. marketplace. The OTCQB is a venture market for early-stage and developing companies, while DTC manages the electronic clearing and settlement of publicly traded companies in the U.S.
Public Trading
growth-positive
Else Nutrition Holdings Inc. Ushers in Next Generation of Clean Label Baby Nutrition
Else Nutrition Holdings Inc. announces its commitment to developing clean label baby nutrition products made from plant-based ingredients. The companys formulas are produced using a clean, chemical-free process and contain only three main ingredients. The formulas are free of highly-processed ingredients, purified oil blends, chemical protein isolates, or hydrolysates. Else Nutrition plans to launch its toddler formula and nutritional drink in the North American market in Q2-2020, with plans to launch the infant formula in the future. The company aims to provide nutritious and responsible solutions for infants and toddlers.
CustomersPartners
growth-positive
Else Nutrition Holdings Inc. Announces Dr. Jon A. Vanderhoof - Former Vice President, Global Medical Affairs at Mead Johnson Nutrition Appointed to Advisory Board
Dr. Jon A. Vanderhoof has been appointed to the Advisory Board of Else Nutrition GH Ltd., the Companys operating company which is located in Israel. Dr. Vanderhoof is a pediatric gastroenterologist with extensive expertise in childrens health and nutrition. His appointment is expected to benefit the company and its customers as they develop and market plant-based alternatives for infants and children. Else Nutrition Holdings Inc. is a food and nutrition company focused on research, development, manufacturing, marketing, sale, and/or license of innovative plant-based food and nutrition products.
Partners
growth-positive
This Company Wants to Disrupt the Baby Formula Market With a Vegan Alternative
Tel Aviv-based baby food company Else Nutrition Holdings Inc. has listed on the TSX Venture Exchange in June with a valuation of 17 million Canadian dollars. The company develops an almond and buckwheat-based formula as an alternative to cow milk and soy-based formulas. Else Nutrition is targeting the U.S. market as its primary market and plans to expand to Europe and China. The formula is expected to become available in the U.S. in the second quarter of 2020.
CustomersExpand
growth-positive
Else Nutrition Holdings Inc. Engages EAS Consulting Group, LLC to Lead Global Regulatory Approval Process
ELSE Nutrition Holdings Inc. has signed a service contract with EAS Consulting Group, LLC to lead the regulatory approval process for its infant formula in key markets globally. EAS, with its expertise in FDA regulatory matters, will assist Else in obtaining marketing approvals for its product in the U.S., Canada, Europe, and Australia. The partnership is expected to enable the launch of Elses patented infant formulations across its key markets. Else Nutrition Holdings is a food and nutrition company focused on developing and marketing plant-based food and nutrition products for infants, toddlers, children, and adults.
PartnersCustomers
Else Nutrition Holdings Inc. Shareholder Update
Else Nutrition's CEO Letter to Shareholders
growth-positive
Else Nutrition, Plant-based Food Startup, Receives Huge Welcome on the Toronto Stock Exchange
Else Nutrition Holdings Inc. started trading on the TSX Venture Exchange as a Tier 2 Technology company. The company received a warm welcome from Canadian investors, with a 176% rise in stock price on the first day of trading. Canaccord Genuity Inc. raised a $7.5 million CAD investment for Else Nutrition. Else Nutrition has developed a breakthrough 100% plant-based baby formula that is non-dairy, non-soy, and free of hormones, antibiotics, gluten, and GMO. The company aims to provide an alternative to dairy and soy-based baby formula products. The global baby food & infant formula market is projected to grow to over $120 billion USD by 2025. Else Nutrition plans to launch its products in the U.S. market in the 2nd quarter of 2020.
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growth-positive
Changing the game for infant nutrition
INDI, the worlds first non-dairy non-soy infant formula, aims to provide a nutritional solution for infants with allergies and sensitivities. The company has developed a formula that is 100% vegan, free from hormones, antibiotics, and GMOs. INDI has received approval from the Israeli Ministry of Health and is patent pending in 85 countries. The formula meets international infant nutrition standards and offers environmental advantages with a minimal ecological footprint. INDI plans to target infants and toddlers with severe allergies, those currently using soy-based formulas, and vegan families seeking an alternative to soy. The company is seeking a strategic partner for production and distribution.
CustomersPartners
growth-positive
Seeds&Chips 2017 Wraps Up: The List of 13 Winners
Seeds&Chips, a global food innovation summit, held its 2017 Awards ceremony in Milan. The event recognized the most innovative startups in the food and AgTech industries. The founder and CEO of Seeds&Chips, Marco Gualtieri, highlighted the success of the summit and announced that former US Secretary of State John Kerry would be a guest speaker at the 2018 event. Thirteen awards were given to startups in various categories, including Best Disruptive Startup, Future Food, and Best Food Experience. The winners were acknowledged by their sponsor companies. The event showcased the role of Milan and Italy as a hub for food and foodtech innovation.
Customers
growth-positive
A non-dairy and non-soy baby formula
INDI, a company developing a non-dairy, non-soy alternative to baby formula, is gaining attention and receiving inquiries from around the world. The formula, based on two secret plants, is expected to meet all international standards for infant feeding. It is seen as a perfect solution for vegan parents or those with children who have sensitivities to milk. The article highlights the uniqueness of the formula containing no soy, which is currently under medical dispute. INDI plans to release the formula to the market by 2016.
CustomersPartners
growth-positive
New baby formula has no dairy or soy
Israeli baby-food executives have developed a vegetable-based infant formula called INDI that provides an alternative to cows milk and soy. Up to half of infants fed baby formula experience negative symptoms, and soy formula is not ideal due to hormonal effects. INDI is a game-changing formula that meets international regulations for infant nutrition. The founders of Heart baby food, Uriel Kesler and Hamutal Yitzhak, developed INDI after realizing the need for a new approach to baby formula. INDI is made from a combination of almonds and another undisclosed plant, and it has been well-received by experts. The formula is currently being produced for clinical tests, and the founders have had preliminary discussions with leading infant-formula producers.
Customers
Else Nutrition Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 21 |
| Team members | 4 |
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Admin Info
| Confidence | 94/100 |
| Missing | description, markets |
| BI Verification | Ortal Wein |
| Registrar ID | 515850311 |
| Crunchbase | else-nutrition |
| Phone | 036445095 |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2024-05-26T00:00:00.000Z |
| Created | 2015-12-21T00:00:00.000Z |
| Status detail | Public on TSX on Oct, 2021<br>Public on OTC on Oct, 2022<br> |