Maia Farms’ fungi-fueled biomass fermentation platform, which uses mycelium from edible mushroom varieties, can deliver “significantly higher yields” than Fusarium-type products, claims the startup.
Shiru has also developed AI and ML-based models to predict protein expression in microbial systems, helping firms determine the most cost effective way to produce target proteins at scale.
Caladan Bio has developed a lower-cost benchtop bioreactor system designed to enhance data capture and increase experimentation throughput.
Bucking the overall global agrifoodtech investment trend, funding returned to pre-Covid levels.
The Game Changers program offers Latin American startups the chance to join GLOCAL’s portfolio and grow their businesses.
The foodtech co—which had been told it was a winner weeks ago to give the team time to plan a trip to Portland for the awards ceremony—was told it had fallen foul of rules it claims had not previously been communicated.
“It’s difficult to find another company in the food space that has developed so fast in only two years,” says Nosh.bio cofounder Tim Fronzek.
Plus: Swiss cleantech startup Bcomp raises new funds and Shake Shack expands its carbon neutral shake offerings.
“There is no regenerative without organic,” says Daily Harvest’s CEO Ricky Silver.
“What we’re doing is taking out the sugar and replacing it with ketones, which are a better source of energy,” says cofounder Karishma Thawani.
Scope 3 emissions can account for the bulk of a company’s carbon impact, and are typically also the hardest to track.
Atomo—a startup behind the ‘world’s first beanless espresso’—has opened a 33,547sq ft roastery in Seattle capable of producing four million pounds of ground ‘coffee’ a year from upcycled date pits.
US retail sales of plant-based meat fell 12% in 2023 with units down 19%, while plant-based milk sales were up 1% with units down 8%.
Omeat is operating with a skeleton crew to conserve cash following a turbulent few months during which the founder stepped down as CEO after being accused of creating a hostile working environment.
Plus: more pesticide alternatives enter the agtech arena.
ReFED’s Dana Gunders discusses why interest in food waste solutions from US businesses, investors and consumers remains high.
“In 2016, I spoke to a lot of investors that said, ‘Why would anybody produce casein in plants when you can easily do it via precision fermentation?’ The same people are now coming back and saying, ‘Actually what you’re doing makes a lot of sense,'” says Alpine Bio founder Magi Richani.
According to Olon, it is owed $112m in unpaid manufacturing fees, unreimbursed CapEx, raw materials costs and other costs, plus an estimated $32m in damages resulting from Perfect Day’s alleged fraud.
GLP-1 drugs are “going to be a big disruptor for the food industry,” says Dr. Justin Shimek at California-based product innovation firm Mattson, which is expanding to the Midwest with the acquisition of Hyde Park Group.
Robots are cool but there’s a time and a place, says Hyphen cofounder Stephen Klein. “Turns out you don’t actually need a 30-kg robotic arm to move a coffee cup.”
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