“What we’re doing is taking out the sugar and replacing it with ketones, which are a better source of energy,” says cofounder Karishma Thawani.
Asparagopsis is one of the most promising tools in the enteric methane reduction toolkit, but there are challenges to growing it at scale and establishing tools to deliver a return on investment for farmers, says FutureFeed.
Atomo—a startup behind the ‘world’s first beanless espresso’—has opened a 33,547sq ft roastery in Seattle capable of producing four million pounds of ground ‘coffee’ a year from upcycled date pits.
US retail sales of plant-based meat fell 12% in 2023 with units down 19%, while plant-based milk sales were up 1% with units down 8%.
Omeat is operating with a skeleton crew to conserve cash following a turbulent few months during which the founder stepped down as CEO after being accused of creating a hostile working environment.
“In 2016, I spoke to a lot of investors that said, ‘Why would anybody produce casein in plants when you can easily do it via precision fermentation?’ The same people are now coming back and saying, ‘Actually what you’re doing makes a lot of sense,'” says Alpine Bio founder Magi Richani.
While a fair amount of work has gone into research on salt tolerant rice, there are “not many valid commercial options on the wheat side,” claims OlsAro.
According to Olon, it is owed $112m in unpaid manufacturing fees, unreimbursed CapEx, raw materials costs and other costs, plus an estimated $32m in damages resulting from Perfect Day’s alleged fraud.
GLP-1 drugs are “going to be a big disruptor for the food industry,” says Dr. Justin Shimek at California-based product innovation firm Mattson, which is expanding to the Midwest with the acquisition of Hyde Park Group.
Robots are cool but there’s a time and a place, says Hyphen cofounder Stephen Klein. “Turns out you don’t actually need a 30-kg robotic arm to move a coffee cup.”
The Maia Farms & Ecoation growing system for mycelium and fresh produce can make 700kg of food a year in a device the size of a wardrobe.
Blue Tree Technologies has developed a patented process to selectively remove sugars from juice, milk, and beer.
Industrial-scale insect farming is not for the faint-hearted. So what business models make sense, and who is going to fund the next wave of facilities?
Dutch startup Rival Foods will start deploying shear cell technology—a novel approach to texturizing plant-based proteins that can create whole cuts—at a “commercially viable scale” this summer.
Gro did not provide advance written notice of its mass layoffs as required under federal and state law, allege former employees in a proposed class action lawsuit.
“One thing we’ve recognized is that sometimes breakthrough technologies that map really well to a very positive and impactful food and agri thesis might originate outside of the sector,” says Michael Lavin.
“A key part of the proposition to fine dining chefs was that they can serve something that no one else has and no one else can have, because we invented it,” says Vow’s CEO.
Funding into Australian agrifoodtech startups fell 33% last year according to AgFunder data… But it could have been worse: global agrifoodtech funding fell 49% over the same period.
‘Investors are starting to understand that plant cell culture is one of the emerging categories within cellular agriculture,’ says CEO Frank Jaksch.
The Israeli startup leverages AI technology from computational biology specialist Evogene it claims will dramatically speed up the R&D process.
