Counterintuitively, perhaps, for a technology that’s been around for decades, the extrusion process for transforming plant proteins into meat analogs remains something of a mystery, says Noa Weiss.
What is Eat Just? A foodtech pioneer attempting to disrupt not one, but two huge addressable markets, or a “house of cards built on one individual’s ability to separate people from their money?”
The ITC says there is “a reasonable indication” that Chinese companies are dumping subsidized pea protein in the US ‘at less than fair value.’
Scentian Bio—a New Zealand-based startup making biosensors inspired by bugs—has raised a $2.1m seed round.
Atinary Technologies, a Swiss-American startup deploying machine learning to accelerate the materials discovery process, has raised a $5m seed round led by AgFunder.
Vietnamese edible insect startup Cricket One has opened what it claims is Asia’s largest cricket processing facility and closed a financing round led by Singapore-based investor Robert Alexander Stone.
Gas fermentation startup Solar Foods is gearing up to open a new plant to demonstrate its technology at larger scale.
GROW accelerator startups Amatera and OlsAro are adopting approaches that both accelerate the breeding process for climate-resilient crops and ease their regulatory path.
Foodtech VC funding declined for the sixth consecutive quarter in Q2, 2023, dropping 13.9% vs Q1 and by more than 70% year-over-year, according to PitchBook data.
London-based startup Hoxton Farms has opened a pilot facility to make cultivated fat, the ‘magic ingredient that makes meat smell, brown, sizzle, and taste incredible…’
Biotech startup Modern Synthesis and Danish fashion brand GANNI have teamed up to create GANNI’s signature ‘Bou Bag’ using a leather-alternative produced, in part, by bacteria.
There’s a lot of talk, but rather less action on regenerative agriculture from some agrifood companies, says a new report from the FAIRR investor network.
Humble Growth—a New York based growth equity investment firm launched by three CPG veterans—has closed a $312m fund to invest in ‘disruptive’ consumer brands.
Entrepreneurship is a “bit like manic depression, without the pills,” say the founders of Israel’s Fresh Start incubator. “You go up and you go down, so you have to have a certain ability to move on through the challenges and frustrations.”
Given the “fragility of its financial situation and the weak consumption patterns in the meat alternatives category,” Beyond Meat faces an “existential threat,” say analysts at TD Cowen.
UPSIDE Foods aims to break ground on a commercial-scale cultivated meat facility in Glenview, Illinois, later this year that will become operational in 2025.
Two or three years ago, investors were throwing bucketloads of cash at foodtech companies, particularly those in alt proteins. Not any more. So what’s changed?
Alt meat startup Meati Foods has embarked on its second round of layoffs in three months but says its confidence in its long-term prospects remains ‘unwavering.’
Like everything else, food is political. But becoming embroiled in the culture war isn’t good for alt meat, says the CEO of Impossible Foods.
Eat Just’s GOOD Meat cultivated meat division has been sued by a second engineering firm (CRB) over alleged non-payment of bills.
Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets