The city-state’s trade minister predicts “many other companies” will follow Perfect Day and others setting up R&D and manufacturing facilities there.
The Singapore-based startup is expanding beyond breastmilk for babies “to address the nutritional needs of our elderly and adults,” says CEO Fengru Lin.
The Chicago startup promotes its fermented fungal protein as “a whole-food product of nature” in contrast to more heavily processed plant-based products.
Hong Kong’s Avant will expand its focus beyond traditional Chinese cuisine with new products tailored to Western markets.
At full capacity, Beta Hatch’s new facility will produce one ton of insect protein every day. It is scheduled to open sometime in 2021.
The Japanese conglomerate’s extensive networks could help Mosa Meat make its mark in the food and retail industries – both in Asia, and farther afield.
San Francisco’s Eat Just – known for its plant-based egg substitute – got the greenlight from the Singapore Food Agency to sell cultured chicken meat to consumers.
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.
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