The latest food and beverage industry news and trend analysis

Swedish start-up Volta Greentech has raised SEK 32 million (approx. $2.95 million) to advance the commercialisation of its Lome feed additive, a solution designed to reduce enteric methane emissions from cattle. This latest funding round brings the company’s total capital raised to nearly SEK 100 million (approx. $9.21 million), with major backing from Swedish food industry leaders Axel Johnson and KFS, which together control around 40% of Sweden’s food retail market.