Food technology and innovator Noshu Foods, which makes low sugar snacks like cake mix and bars, is working with new Melbourne advisory firm Sayers Group to consider a fresh capital injection to help accelerate growth plans in a fast-growing sector.
The food technology group has created a “bank of IP” over the past decade to create products with significantly reduced sugar such as doughnuts, low-carb indulgence bars, nut bars, and pancake and cookie mix. Last month, it launched chocolate-based confectionery.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
