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In the news this week: SPC, ACTU, AMWU, Impact International, Pact Group, Davidson, Wonder Bread, Winesmiths, Mulga.

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Food & Drink Business

Alcoholic RTD brand, Barry, has completed a crowd-sourced funding campaign of almost $2,765,000 through OnMarket, supported by over 1880 investors. The raise broke OnMarket’s record twice for single-day sign-ups during the expression of interest (EOI) phase.

Ready-to-drink cocktail company, Curatif, has opened expressions of interest for its upcoming crowd-sourced funding raise through OnMarket. Since its 2019 launch, Curatif has become one of the most awarded premium RTD cocktail brands, and is gearing up for international and on-premise expansion.

The federal government has granted 10 companies a share of $4 million to enhance Australia’s agricultural traceability systems – including Y-Trace, Planfarm, CSIRO, LiveCorp, Australian Organic Limited, Blue Farm Intelligence, and the Queensland Cane Growers Organisation.