Plant-based lamb pioneer Black Sheep Foods bags $5.3m funding from AgFunder, others
January 27, 2022
The US alt-protein startup will launch its product in more Bay Area restaurants following its October 2021 debut.
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Category: Alt Meat/Protein
Upside Foods’ acquisition of Cultured Decadence: All about the cell lines
January 26, 2022
Cultured Decadence has developed “proprietary cell lines and cell feed” for seafood products including lobster and other crustaceans.
Brief: Indian farmer-to-business platform WayCool bags $117m to build agrifoodtech conglomerate
January 17, 2022
The Chennai-based startup will use the Series D funds to expand into “aligned” categories including alt-protein, according to CEO Karthik Jayaraman.
Brief: MycoWorks banks $125m Series C funding to build alt-leather factory
January 13, 2022
Its animal-free leather analog, Reishi, is produced using mycelium – the vegetative ‘roots’ of fungi.
Starfield scores $100m in China’s biggest alt-protein round to date
January 13, 2022
The Shenzhen-based startup is about to open its first commercial-scale factory, which it says will bring prices of its plant-based products below those of animal equivalents.
Brief: Benson Hill acquires soy processor for $102m
January 7, 2022
The deal will allow the company to deliver its “improved” ingredients to plant-based protein producers more quickly, according to CEO Matt Crisp.
Brief: Beyond Fried Chicken to make US nationwide debut at KFC
January 6, 2022
Beyond Meat’s southern fried chicken analog will be available to diners at 4,000 KFC locations across the US from Monday.
Synbio & supply chain key for agrifoodtech in 2022, according to VC firm E²JDJ
January 3, 2022
The New Orleans-based firm discusses its approach to investing in early-stage companies in synthetic biology, supply chain tech, and cellular agriculture.
Better Origin on using insects to produce ‘carbon-neutral’ eggs for Morrisons
December 22, 2021
The UK startup will use its insect farms to turn food waste from Morrisons supermarkets into feed for hens to produce ‘carbon-neutral’ eggs.
Brief: ADM, Tyson back cultivated meat company Future Meat in record-breaking $347m round
December 20, 2021
It’s the largest single funding round yet for a cell-cultured meat startup, according to AgFunder data.
Brief: McCain invests $55m into Irish plant-based brand Strong Roots
December 9, 2021
The pair said they’re partnering to “fix the freezer aisle and provide plant-based, environmentally responsible, positive food choices” globally.
Brief: The EVERY Company raises $175m to ferment animal-free proteins at scale
December 7, 2021
The San Francisco precision fermentation company will scale up its process for brewing animal-free egg proteins and other high-functioning ingredients.
Cellular agriculture & emerging markets: Just because we can, does it mean we should?
December 6, 2021
Cellular agriculture startups aim to solve agrifood’s biggest sustainability problems. But smallholders must be part of the solution, writes Saron Berhane.
Brief: DSM acquires one of Europe’s top pea protein producers in $74m deal
November 30, 2021
Vestkorn Milling supplies proteins, fibers, and starches to manufacturers of plant-based meat alternatives, pet foods, and animal feed.
Perfeggt readies its chicken-less egg alternative with $2.8m fundraise
November 25, 2021
The Berlin-based company will launch its liquid egg alternative in Germany and several other European countries early next year.
Novozymes wants your help to accelerate protein’s fungal future
November 24, 2021
The Myco-Protein Innovation Call is focused on scaling the use of fungi as a protein source.
Brief: Impossible Foods brings total funding to $2bn with new $500m raise
November 23, 2021
The round was led by South Korea’s Mirae Asset Global Investments.
ADM, Kraft & Dr Oetker back bovine-free mozzarella maker New Culture in $25m round
November 23, 2021
“In seeking Series A investors, we were intentional about collaborating with experienced food industry professionals,” says CEO Matt Gibson.
Brief: JBS to acquire cultivated meat company in $100m investment
November 18, 2021
The world’s largest meat processor plans to acquire a majority stake in Spanish cultivated meat company BioTech Foods.
Israel’s Imagindairy closes $13m seed round to commercialize cow-free milk proteins
November 17, 2021
The Tel Aviv-based startup “feeds microorganisms instead of cows,” allowing it to avoid many of the ecological pitfalls of traditional dairy cattle production, it says.
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