Brief: Eat Just nets $97m funding for cultivated meat unit, adds agrifood veterans to leadership
GOOD Meat, the cell-cultured meat business of US alt-protein startup Eat Just, has secured $97 million in funding as a continuation of the $170 million
GOOD Meat, the cell-cultured meat business of US alt-protein startup Eat Just, has secured $97 million in funding as a continuation of the $170 million
After winning a First Amendment labeling lawsuit and raising mega-money from VCs, what next for Miyoko’s Creamery? Vegan cottage cheese, that’s what.
Growthwell said it’s working on “a new collection of seafood and chicken alternatives aimed at the growing number of flexitarians” across Asia.
The Berlin-based startup has set itself the target of replacing 10% of Europe’s dairy products with animal-free versions produced using precision fermentation by 2030.
Marine bioproducts derived from resources like algae could add $3 billion to the Australian economy by 2035 – while also building a more resilient food system.
The Nigerian startup’s goal is two-fold: to offer affordable meat alternatives to African consumers, and to match local taste and texture preferences.
It’s “an instrumental step in upscaling the European insect sector,” according to industry group IPIFF.
The Pune-based startup aims to grow its presence in North America and Europe, including the establishment of an R&D facility in the Netherlands.
The Swedish startup plans to add spreadable and melt-friendly products to its range of cheeses fermented from fava bean and pea protein.
Qatar and US-based Eat Just will build what they say is “the MENA region’s first-ever facility for cultivated meat” in the Middle Eastern country.
New Carnivore has made seven deals to date, co-investing with leading VCs such as Andreessen Horowitz, Breakthrough Energy Ventures, and DCVC.
However, the survey’s choice of terminology may be problematic.
The Australian startup is producing whole-food meat analogs out of shiitake, with celebrity chef Heston Blumenthal creating a signature burger using the product.
The deal “sets an example for a novel way of building and growing a company as part of the accelerating [alt-protein] industry,” said Shiok Meats CEO Sandhya Sriram.
The Australian plant-based protein startup may have secured funding from Chinese food and grocery delivery ‘super app’ Meituan.
Under-fire Oatly had accused the UK’s Glebe Farm, which produces an oat-based milk called PureOaty, of infringing its trademark rights.
“That’s something we will have to work on. When is the last time that a whole new category of food was created?” says co-founder and CEO Tyler Huggins.
The Chilean startup said the round – which also saw participation from sports stars Roger Federer and Lewis Hamilton – values it at $1.5 billion.
‘Net zero by 2050’ has become the rallying cry for many agrifood businesses. Here are some of the ways they can make those aspirations into reality.
Cell lines for cultivated meat R&D are proving hard to come by. But don’t point the finger of blame at startups, as a major UK newspaper appeared to do this week.
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