FreshRealm raises $200M in region’s largest funding round of 2022
Ventura-based FreshRealm took a huge bite from the venture capital market on July 20, with the company announcing a $200 million funding round, by far the biggest this year by a company in the tri-county region. Specific leaders of the funding round were not disclosed, but the company’s news release said it was “led by Read More →
Cal Poly Ventures invests in animal health spin-out
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Layoffs ‘largely not’ California-based, Apeel says
Goleta-based Apeel Sciences will lay off an unspecified amount of workers and downsize its operations after years of continued growth that took it past a valuation of $2 billion in its last funding round. In a statement provided to the Business Times on July 11, an Apeel spokesperson said the company is “working tirelessly to Read More →
Wine Buzz: Wine in a can? Yes, we can, say Central Coast wineries
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Cal Poly professors tackle agricultural supply chain problems
In 2019, Cyrus Ramezani, a professor at the Orfalea School of Business at Cal Poly San Luis Obispo, was studying the effects on the agricultural industry of new tariffs on exports to China. That disruption was small compared to what came next, as the COVID-19 pandemic shook up supply chains around the world and then Read More →
With futures and pre-sales, vintners discover a new, old way to sell wine
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Freska CEO Loza steps down from Limoneira board
Jesus “Chuy” Loza has resigned from the board of Limoneira to focus on leading the company he co-founded, Freska Produce, Limoneira announced June 14. Loza grew up in company housing at Santa Paula-based Limoneira and started his career with the company while he was a teenager. In 2004, he co-founded Freska Produce, which is now Read More →
