hampton creek

  • Can protein startups and their investors take on Big Cow? Crunch Network

    Can protein startups and their investors take on Big Cow?

    For many of us, our first experience with fake meat involves rubbery tofu that tastes more like sneaker sole than seared filet. As we forage on, next come the veggie burgers, the soy dogs, the meatless meatballs. Eventually, we grow accustomed to these protein-dense foodstuffs. And yet, what if fake meat tasted and satiated like the real deal? Read More

  • Hampton Creek says the FDA has cleared its products, wants to hear back from Target

    Hampton Creek says the FDA has cleared its products, wants to hear back from Target

    Hampton Creek has just informed TechCrunch that the U.S. Food and Drug Administration has approved of the safety and labeling of all of its products. It would now like to know if Target wants to put them back on the shelf. In late June, the retail giant yanked Hampton Creek’s Just Mayo eggless mayonnaise spread, along with 20 other products from all stores and on Target.com after hearing… Read More

  • Every member of Hampton Creek’s board has stepped down except for the CEO

    Every member of Hampton Creek’s board has stepped down except for the CEO

    Hampton Creek is in the news again — and not for the reasons it would like to be. Hampton Creek’s entire board of directors have left, except for CEO Josh Tetrick. Read More

  • Mayo maker Hampton Creek is shedding execs

    Mayo maker Hampton Creek is shedding execs

    Food and beverage startups backed by tech investors are having a rough go of it this season, with Juicero all but melting down and companies like Beyond Meat, Urban Remedy and Soylent recalling products, according to required disclosures on the federal site Foodsafety.gov. Now, Hampton Creek Foods, a packaged goods company backed by the likes of Horizons, Khosla, and AME Cloud Ventures, is… Read More

  • The SEC and DOJ just dropped their inquiries into Hampton Creek

    The SEC and DOJ just dropped their inquiries into Hampton Creek

    The SEC and the Department of Justice, which had launched preliminary inquiries into the vegan food company Hampton Creek last summer, have officially closed their inquiries, according to founder and CEO Josh Tetrick. He informed the company’s 160-plus employees of the status change this morning in an email that you can find below. Tetrick called the news “the expected result by… Read More

  • Board of Hampton Creek said to be investigating buyback allegations

    Board of Hampton Creek said to be investigating buyback allegations

    The board of Hampton Creek has hired one of the Big Four accounting firms to investigate claims in a Bloomberg story that the San Francisco-based vegan food company executed on a campaign to buy back mass quantities of its eggless mayo product, Just Mayo. A source familiar with the situation says the board was unaware of the alleged scheme until contacted by Bloomberg’s reporters… Read More

  • SEC looks into Hampton Creek’s mayo buy back scheme

    SEC looks into Hampton Creek’s mayo buy back scheme

    The Securities and Exchange Commission has opened a preliminary inquiry into Hampton Creek after it was accused of running a secret project to buy up its own mayonnaise product from stores. Bloomberg, which first reported the news of the buybacks, now says the agency is looking at whether the startup inappropriately counted revenue from these purchases made with company money. The scheme is… Read More

  • The American Egg Board May Have Used Public Funds To Conspire Against Hampton Creek

    The American Egg Board May Have Used Public Funds To Conspire Against Hampton Creek

    The American Egg Board (AEB) may have violated federal laws by using public funds to try to obstruct Hampton Creek from selling its eggless mayonnaise alternative “Just Mayo.” The USDA has now opened an investigation. Hampton Creek accuses the AEB of conspiring to thwart sales efforts in Whole Foods grocery stores and has obtained a series of emails under the Freedom of Information… Read More

  • Hampton Creek In A Management Pickle As It Seeks To Raise $50 Million In Funding

    Hampton Creek In A Management Pickle As It Seeks To Raise $50 Million In Funding

    It hasn’t even been a full two weeks since Ali Partovi switched from an adviser role to chief strategy officer at Hampton Creek. However, the plant-based mayo startup has confirmed that Partovi is out. This leaves the company in a bit of a management pickle. In an odd move, Partovi switched from simply adviser to second in command to CEO and co-founder Josh Tetrick at the beginning… Read More