Category: food tech

June 14, 2021

Indonesian Startup Green Rebel Foods Unveils Asia’s First Plant-Based Whole Cut Steak To Meet Growing Demand For Meat

5 Mins Read Indonesian plant-based meat startup Green Rebel has debuted two new products, a Beefless Steak and a Chick’n Steak, in what it calls the “first plant-based whole cut steak in Asia” at two of the leading steakhouse dining chains in the country in order to help bridge the growing demand for beef and chicken in the […]

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June 14, 2021

Plant-Based Bacon Owner Hooray Foods Raises US$2M To Develop New Alt Meat Products

2 Mins Read Alternative meat company Hooray Foods, which has made headlines for its plant-based bacon, has raised US$2 million in a seed round that takes the company’s total funding to date around US$4 million. The funds will be used to expand its product range, upgrade its production facility and launch new sales channels. U.S.-based Hooray Foods’ seed […]

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June 11, 2021

Cargill CEO David MacLennan: Plant-Based Will Be “10% Of The Market” & To Cannibalize Meat Demand

3 Mins Read Chief executive officer of agribusiness giant Cargill, David MacLennan said that in a few years time the plant-based protein industry will eat into the market share of animal-based products as the alternative protein sector rapidly expands. U.S.-based agri-giant Cargill, which regularly makes headlines for environmental and social missteps including food contamination, violation of rights at the […]

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June 10, 2021

France Risks Missing Out On Cultivated Meat Opportunities, Cell Ag Experts Warn

4 Mins Read Cell-based meat industry experts are calling on the French government to step up their efforts to tap into the opportunities to be made in the fast-growing sector, or risk missing out on the global market. Co-founder of the nonprofit Cellular Agriculture France Nathalie Rolland argues that there is a duty for the country to support […]

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June 10, 2021

France Risks Missing Out On Cultivated Meat Opportunities, Cell Ag Experts Warn

4 Mins Read Cell-based meat industry experts are calling on the French government to step up their efforts to tap into the opportunities to be made in the fast-growing sector, or risk missing out on the global market. Co-founder of the nonprofit Cellular Agriculture France Nathalie Rolland argues that there is a duty for the country to support […]

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June 9, 2021

‘Tesla Of Chicken’ Startup SIMULATE Raises US$50M For Plant-Based NUGGS At US$250M Valuation

3 Mins Read SIMULATE, the startup responsible for the plant-based NUGGS brand which it produces from ghost kitchens, has raised US$50 million in a Series B funding round led by co-founder of Reddit Alexis Ohanian’s venture firm Seven Seven Six at an updated valuation of over US$250 million. New York-based SIMULATE’s Series B funding round was led by […]

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June 9, 2021

Cultivated Tech: Geltor Unveils ‘PrimaColl’, Animal-Free Collagen For F&B Industry

3 Mins Read Biodesign startup Geltor has unveiled PrimaColl, which the company claims is the world’s first real vegan collagen for the food and beverage industry, an exact match for the bioactive amino acid core of Type 21 collagen. Founded by Alexander Lorestani and Nick Ouzounov in 2015, the San Leandro, California-based Geltor has created a computational biology platform that […]

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June 9, 2021

Global Food System Carbon Footprint Will Worsen, Transition To ‘Plant-Based Food Inevitable’ Says Credit Suisse Report

5 Mins Read In a new report on the investment case for a sustainable food system, analysts say that the plant-based food transition is “inevitable” and will bring about new opportunities for investors and businesses across the food supply chain. Released by the Credit Suisse Research Institute (CSRI), the report also identified the wider alternative protein industry, sustainable […]

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June 9, 2021

Africa’s First Cultured Seafood Startup Sea-Stematic Eyes Global Market & Growing Fish Consumption

3 Mins Read Woman-founded startup Sea-Stematic is the first food tech dedicated to cultured seafood in the African continent and it has ambitious plans to become a global supplier helping to meet the fast-rising demand for fish in Asia. Headquartered in Johannesburg, the South African company and its team of scientists are racing to develop and bring what […]

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June 8, 2021

Float Foods Closes US$1.6M Seed Round To Disrupt Alt Protein Market With Plant-Based Whole Egg Substitute

4 Mins Read Singapore food tech Float Foods has raised SGD $2.2 million(approx US$1.6M) in an oversubscribed seed funding round that will go towards ramping up its R&D and accelerating commercialisation of its plant-based product, OnlyEg, in Singapore by 2022. Following news of Temasek Foundation, a non-profit under the philanthropic arm of investment fund Temasek, providing a grant to […]

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June 4, 2021

21 Alt Protein Startups Set To Take The Stage At New Future Food-Tech Summit

9 Mins Read A new Alternative Proteins Summit hosted by Future Food-Tech is set to take place virtually on June 22-23 this year, showcasing some of the most innovative solutions to solve our unsustainable global food system. The organisers at Rethink Events have “scoured the globe” in search of the trailblazers across the plant-based, fermentation and cell-based sectors, […]

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June 4, 2021

VFC X Brandplant: Veganuary Co-Founder’s Vegan Fried Chicken Brand Launches in Benelux

4 Mins Read Vegan fried chicken brand VFC, which made its international debut in Spain this past March, has announced a new partnership with plant-based and organic brands distributor Brandplant to expand in Europe, with VFC products debuting retail locations across Benelux. After debuting in the U.K. back in December 2020 and moving into Spain in March 2021, […]

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June 3, 2021

Bezos-Backed NotCo Receives Backing From Shake Shack Founder Danny Meyer’s Fund

3 Mins Read AI-driven alternative protein startup NotCo has received funding from Enlightened Hospitality Investments(EHI), the growth equity fund that includes U.S. burger restaurant Shake Shack founder Danny Meyer, and they will use the capital will be used to ramp up its expansion efforts across the the U.S. foodservice market as well as operations in other countries. Backed by big names […]

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June 2, 2021

Planted: Gullspång Re:food Invests In Swiss Pea, Oats & Upcycled Sunflowers Plant-Based Meat Company

3 Mins Read After recently closing its CHF 17 million (approx. US$18.1 million) Series A funding, in the latest announcement plant-based meat startup Planted has received an investment from food-tech investor Gullspång Re:food. Zürich-based Planted recently closed it Series A funding round with support from Blue Horizon Ventures and consumer-focused investment arm of German conglomerate Vorwerk Ventures. Family-owned Gullspång Invest […]

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June 2, 2021

Magic Valley Launches As Australia’s First Cultured Lamb Food Tech

3 Mins Read Australian startup Magic Valley has launched as the first Australian food tech cultivating lamb meat. Based in Melbourne, it wants to be the leading provider of slaughter-free cultured lamb mince, chops, strips and even lamb steaks, grown directly from cells and without the use of FBS or animal-based products. Founded by Paul Bevan, Magic Valley […]

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June 1, 2021

Biomilq Says It Has Successfully Produced World’s First Cell-Cultured Human Breast Milk

5 Mins Read Mammalian milk food tech startup Biomilq has announced that it has moved from the proof-of-concept stage into proof-of-complexity, producing what it says is the “world’s first cell-cultured human milk outside of the breast”. This puts the company at the forefront of disrupting the soon-to-be US$103 billion infant formula industry with its far more sustainable and […]

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May 31, 2021

British Startup Ivy Farm Says It Plans To Bring Cell-Based Pork Sausages To Market By 2023

3 Mins Read Ivy Farm Technologies, a spinout of Oxford University, wants to become the first British firm to commercialise cultured meat and says it will debut its cell-based pork sausages by 2023. Currently raising funds for its pilot R&D facility, the startup also revealed plans to roll out cultivated meatballs and beef burgers in the coming years. […]

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May 28, 2021

Plant Power Fast Food Raises US$7M Series A To Double Its Vegan Restaurants Across U.S.

3 Mins Read Plant Power Fast Food has secured a US$7.5 millionSeries A, which the company claims is the largest funding round for a plant-based fast food chain globally, and which will enable the chain of 100% vegan fast food restaurants expand across the U.S. by opening eight new outlets. Southern California-based Plant Power Fast Food recently closed its Series A […]

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May 28, 2021

Carbon Footprint Of Seitan Is 130 Times Lower Than Beef, Says New Industry Research

3 Mins Read According to new research conducted by carbon footprint analysts Thrust Carbon, compared to traditional meats and dairy products like beef, lamb, cheese and chicken, wheat gluten, also known as seitan and developed using gluten, the main protein of wheat, has a comparatively lower carbon footprint. Released by the U.K.-based LoveSeitan, which manufactures seitan-based products, the […]

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May 28, 2021

Perfect Day’s Brave Robot To Carbon Label Animal-Free Real Dairy Ice Creams

4 Mins Read Brave Robot, the animal-free ice cream brand made with Perfect Day’s precision fermentation real dairy proteins, will begin displaying its carbon footprint on its packaging. The company claims the move will make it the first dairy ice cream product in U.S. retail to publish its footprint, which according to a life-cycle assessment is 34% lower […]

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May 27, 2021

Prince Khaled bin Alwaleed Makes First Investment In France’s Vegan Industry

4 Mins Read KBW Ventures, founded by Saudi royal and chief executive officer Prince Khaled bin Alwaleed, made its first investment in French startup Furahaa Group, which focuses on addressing France’s market needs for plant-based foods and alternative meat. U.A.E-based KBW Ventures recently invested in a Paris-based company for the first time. Furahaa Group, founded by entrepreneur Arthur […]

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May 27, 2021

Plan*t : After Retail Launch, NZ Startup Eyes Australian & Asian Markets For Its Hemp-Based Products

3 Mins Read In early 2020, alternative protein food tech Sustainable Foods acquired 100% of The Craft Meat Co and now via this retail brand, the company is set to launch a new product line called Plan*t that will offer consumers hemp-based burgers, sausages, mince, and chick*n alternatives across New Zealand from late May 2021 with an expansion […]

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May 24, 2021

World’s First Cell-Based Alternative Dairy ‘Mylkcubator’ Program Launches

2 Mins Read Mylkcubator has launched as the world’s first incubator program dedicated to dairy alternatives produced using cellular agriculture technologies. The six-month program, open annually from 2021, is created by Pascual Innoventures, the innovation arm of Spanish dairy giant Calidad Pascual. Pascual Innoventures has launched Mylkcubator, open to ten startups each year for a six-month hybrid incubation […]

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May 23, 2021

European CPG Group Orkla SA Invests In Cultured Meat Pet Food Startup Because, Animals

3 Mins Read Biotech company Because, Animals has announced the closing of its seed stage financing round led by Orkla ASA that puts the startup’s total financing to date at US$6.7 million. The company aims to use these funds to help ramp up the production of its cell-cultured meat for dogs and cats. Philadelphia-based Because, Animals was founded […]

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May 20, 2021

OTLY IPO: Swedish Oat Pioneer’s Share Price Pops 30% Upon Much Awaited Nasdaq Debut

4 Mins Read Swedish oat milk pioneer Oatly’s stock began trading on the Nasdaq today under the ticker symbol OTLY, opening at US$22.10 per share, a 30% pop from its initial public offering price of US$17 per share, giving the company a valuation of over US$ 13.1 billion. In a social media statement released when U.S. markets opened, […]

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May 20, 2021

Q&A w/ Asia’s Fastest Growing Alt Meat Startup’s Andre Menezes: ‘TiNDLE Is Ready To Go Global’

4 Mins Read Next Gen is the startup behind TiNDLE, the plant-based chicken brand that has taken Asia by storm. After debuting in restaurants in Singapore, the company is now taking the brand global, launching TiNDLE today (May 20) in three Asian cities simultaneously – Hong Kong, Macau and Kuala Lumpur. We had the opportunity to speak to […]

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May 19, 2021

Singapore Food Tech Next Gen Brings TiNDLE Plant-Based Chicken To Hong Kong, Macau & Kuala Lumpur

4 Mins Read Singapore food tech Next Gen is bringing its plant-based chicken brand Tindle into new markets, launching in Hong Kong, Macau and Kuala Lumpur simultaneously next month. Partnering with distributor Classic Fine Foods, Tindle will make its way into restaurant menus across the three Asian cities as plant-based demand across the region continues to grow. Next […]

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May 19, 2021

‘An Investment In The Future Of Food’: Plant-Based Chicken Maker Daring Closes US$40M Series B With Rapper Drake’s Backing

3 Mins Read Plant-based chicken startup Daring announced today that it has raised a US$40M Series B round involving the backing of Canadian rapper, singer, songwriter, actor, producer, and entrepreneur Drake. The company plans to use this capital to triple its internal team by the end of this year, as well as scale its retail and foodservice growth. […]

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May 18, 2021

Sejong University Develops South Korea’s First Cultured Pork Prototype, Working On Beef

3 Mins Read Researchers at Sejong University in South Korea say they have developed the country’s first cultured pork prototype. The team, led by Professor Park Sungkwon, is collaborating with Seoul National University and homegrown cultivated meat startup Space F and are planning to commercialise their cell-based technology in the future. Sejong University’s food science and biotechnology research […]

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May 18, 2021

Mosa Meat: Dutch Pioneer Slashes Animal-Free Fat Medium Costs By Over 65 Times

3 Mins Read Mosa Meat, the Dutch food tech that pioneered the world’s first cell-based beef, has announced a new R&D milestone, reducing its fat medium cost by over 65-times. The company’s “Fat Team” has also ensured that the differentiation media used to cultivate its meat is free from all animal components. Mosa Meat has successfully reduced its […]

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