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.
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…’
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.
Like many startups, TurtleTree has made a strategic pivot, shifting from cell-cultured milk to producing high-value dairy bioactives via precision fermentation.
Eat Just’s GOOD Meat cultivated meat division has not paid its bills on time, according to court filings from bioreactor specialist ABEC, which is suing for breach of contract.
Foodtech incubator and investor The Kitchen Hub is raising a $70m fund and launching The Kitchen Labs, an innovation center for startups.
French fermentation giant Lesaffre has acquired a 10% stake in Yeap, an Israeli startup developing proteins from upcycled yeast.
Plant-based egg and cultivated meat co Eat Just has raised a new round of financing led by The Ahimsa Foundation, a private foundation supported by VegInvest.
Biomass fermentation startup MycoSure has accelerated its innovation process via a collaboration with leading South African R&D organization the CSIR.
Singapore-based Fattastic Technologies uses encapsulation to make designer fats that mimic the texture, mouthfeel and flavor of animal fat.
The oversubscribed seed round will go towards scaling Jellatech’s proprietary cell-ag process and working towards commercialization.
Omeat—which is scaling up a novel approach to cultivated meat production—is selling an affordable and ‘highly effective’ alternative to FBS.
Alt protein startup ENOUGH has raised $43.6 m in a series C round led by World Fund CPT Capital to expand its mycoprotein business.
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