Patrick Morris, CEO of the Vancouver-based foodtech fund, tells AFN why it decided to go down the IPO route – and what it has planned for the future.
As 2020 draws to a close, trends identified by Ai Palette suggest that Covid-19 will have a long-lasting impact on Asia’s food preferences.
The US firm is establishing its Global Sustainability Innovation Center in Singapore; while spin-out Bain Capital has raised $800m for its second impact fund.
It has just launched a burger made from house crickets plus a few plant-based ingredients; consumers couldn’t differentiate it from beef, the startup claims.
VEAT, which sells plant-based meals out of its vending machines, is rolling out across Stockholm – with other European cities in its sights.
The Dutch startup has created a fungi-based alternative protein called Fermotein which is pending regulatory approval in the EU and the US.
Investor network FAIRR concludes that 86% of major meat, egg, and dairy suppliers are failing to declare greenhouse gas emissions or set meaningful reduction targets.
Covid-19 is forcing CPG startups to craft new ways to tell their stories, promote their values, and produce content that instigates action through D2C channels.
It’s developing a line of alternative meat products made from the protein-rich ‘root’ networks of fungi.
The US company’s plant-based products had already made it onto restaurant menus in Asia, but now Hong Kongers and Singaporeans can cook them at home too.
The Australian startup has attracted investment from some of Asia’s biggest names as it looks to cash in on the continent’s growing appetite for protein.
The Australian startup uses lighting, robotics, and AI to ‘program’ algae strains so they can more efficiently produce specialty ingredients for the food and ag sectors.
Dutch startup Mosa Meat is expecting a second close of its Series B round in “the next few months” following a $55 million first tranche.
Singapore Food Bowl is our fully-online impact accelerator program aimed at building a more resilient, sustainable, and decentralized agrifood system.
The French startup – which farms mealworms to produce ingredients for fish feed, pet food, and crop fertilizers – claims it’s the biggest insect protein round ever.
Microbes such as mycoprotein and microalgae can be used to produce biomass, improve plant-based products, and create paradigm-changing functional ingredients.
Shiok Meats is the first ‘lab-grown seafood’ venture in the aquaculture-focused VC’s portfolio, Aqua-Spark co-founder Amy Novogratz told AFN.
Oakland-based TerViva and Farmer Mac want to help farmers with the cost of cultivating pongamia, which takes several years to become productive.
Phytolon has been working on a proprietary, fermentation-based technology to produce its own spectra of plant-based food colors.
The round was led by The Rise Fund – a unit of US private equity giant TPG Capital – and Swire Pacific, an arm of Hong Kong trading house Swire.
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