The Egg-Tech Prize—a global competition to find scalable technologies to sex chicks before they hatch—remains unclaimed because none of the applicants meet the criteria. It’s time to explore gene editing approaches, says eggXYt CEO Yehuda Elram.
Alt protein investor Lever VC has released its internal playbook for assessing the scientific progress of early-stage cultivated meat companies to help investors place more informed bets in a “complex and nascent industry” and help avoid a “Theranos-style outcome.”
“We’ve got a groundswell of young people who are trained in molecular biology,” says SynBioBeta founder Dr John Cumbers: “They’re not scared of GMOs. But they are scared of the environmental impacts of climate change and the unsustainability of our consumer culture.”
The company’s first product will be a “clean propagation system” to ensure healthier, higher-quality plants.
“Wood Milk started with a simple idea,” says actress Aubrey Plaza in a new spoof ad from MilkPEP, the dairy industry-backed body behind the iconic ‘Got Milk’ ads. “I saw a tree and I asked myself: Can I drink this?”
Biotech startup MicroHarvest and sustainability measurement platform Improvin’ also raised funds; Beyond Steak is approved by the AHA.
IFT FIRST’s Startup Pavilion brings technical, business and scientific professionals under one roof — a true rarity at agrifood events.
Beyond Meat CEO Ethan Brown says he is confident of returning to growth and achieving cashflow positive status in the second half of this year, after posting a 17.7% decline in net revenues to $195.5m in the first quarter of 2023.
Investment for Australia agrifoodtech dropped 40% year-over-year in 2022, but enthusiasm for climate-focused companies remains robust.
Oatly is “ready to play offense in 2023” with a new CEO, a return to promotional activity, and sequential improvements in its gross margin, says the loss-making firm.
Restaurant tech startup Deliverect has acquired ChatFood, a startup specializing in digital tools to improve the dine-in experience and enable consumers to order food directly through social media apps.
Farmless—a Dutch startup using carbon dioxide, rather than sugar, to fuel its fermentation-based food production platform—has raised €1.2 million ($1.3 million) in a pre-seed round.
Burcon NutraScience says it is working with “additional industry participants” to acquire the assets of distressed plant protein processor Merit Functional Foods after the receiver rejected its initial bid.
The brainchild of alt protein entrepreneur and podcaster Adam Yee and Gainful founder Eric Wu, ‘Asian comfort food’ brand Sobo Foods is emerging from stealth.
Dutch cultivated meat startup Mosa Meat has opened a new 30,000sq ft ‘scale-up plant’ in Maastricht as it edges closer to commercialization.
Plant cell culture has been around for decades. So what’s prompted the recent flurry of activity in the food and nutraceuticals space?
Bud Light scandals aside, JBS USA appointed a new CEO as PR battles rage on and an Impossible Foods vet joined Alphabet X.
Founder Bobby Brannigan explains how the Mercato tech platform is keeping mom-and-pop stores in business while also serving food deserts.
Sweegen secures FEMA GRAS status for the sweet protein brazzein via precision fermentation; Conagen says the same tech can produce the vivid red pigment carminic acid (without crushing insects).
Plus, Meati expands across the US & agronomy service Agrii invests in Drone Ag.
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