The Week in AgriFoodTech: Zepto secures fresh $340m, Bolt Threads goes public, ReFED has a new boss
August 15, 2024
Plus… Impossible Foods opens a brick-and-mortar store while Florida’s cultivated meat battle rages on.
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Category: FoodTech
Mission Barns unveils ‘novel, scalable, adherent’ bioreactor for cultivated meat, fat
August 15, 2024
Existing single-cell suspension stir tank bioreactors “can’t be used to effectively produce non-GM, cultivated muscle and fat,” claims Mission Barns.
Lifeway Foods ‘concerned shareholders’ up ante in leadership row via new SEC filing: ‘Lifeway has been on autopilot for far too long’
August 14, 2024
According to former COO Edward Smolyansky: “Under my sister Julie’s authority… there’s no clear strategic plan or vision for employees to rally behind, and many have expressed concerns.”
US retail sales of plant-based milk by numbers: Coconut is up, almond is down, soy and oat are flat
August 14, 2024
The only subsegment delivering meaningful growth in unit sales was coconut milk, with dollar sales up 12.6% and units up 13.9% in the year to July 14, albeit off a small base.
Cauldron awarded $2.8m to advance continuous fermentation tech, appoints CTO
August 13, 2024
“We’re talking about building smaller, smarter facilities with a lot less capital,” says cofounder and CEO Michele Stansfield.
Exclusive: Fonterra and Superbrewed Food collaborate to advance postbiotic protein tech
August 12, 2024
The pair are also exploring using lactose permeate, a byproduct of milk protein production, as a feedstock for Superbrewed Food’s microorganisms, creating a circular solution.
The Week in AgriFoodTech: VSParticle raises funds for green hydrogen, Veganz secures raise for 2D-printed alt milk
August 8, 2024
Two agtechs join forces to address the overlooked tropical crop sector.
Armed with $12m in seed funding, Plonts launches plant-based cheese in New York, San Francisco
August 8, 2024
A new player has emerged on the alt dairy scene with an aged plant-based cheddar launching at select restaurants in New York City and the San Francisco Bay Area under the Plonts brand.
Beyond Meat Q2: Cost-cutting boosts margins amid continued weak demand for plant-based meat
August 7, 2024
“We are trying to drive this business to cashflow positive operations as quickly as possible,” says CFO Lubi Kutua. “We have not said that that will occur this year.”
Low capex approach enables Aqua Cultured Foods to make alt seafood at or below price parity, ‘even at pilot scale’
August 7, 2024
“We have very low capex, which allows us to to sell at parity, or even in some instances, to undercut traditional seafood,” says CEO Brittany Chibe.
Olon ups ante in animal-free dairy litigation: Perfect Day was ‘atrocious business partner’
August 6, 2024
The legal dispute between the animal-free dairy pioneer and co-manufacturer Olon is turning increasingly ugly, with Olon arguing that Perfect Day is presenting “a false narrative” of their deteriorating relationship.
Brazilian startup Typcal seeks to put Latam on the mycoprotein map
August 5, 2024
São Paulo-based startup Typcal is seeking to blaze a trail in the Latin American market with mycoprotein which it claims grows more rapidly, on a broader range of feedstocks, than competitive fungi strains.
Suspended animation: Insect ag startup Nasekomo enhances neonate delivery service with advanced suspension tech
August 2, 2024
The tiny larvae are put in a state of suspended animation for up to 10 days without refrigeration, enabling insect protein producers to focus on rearing and processing.
The Week in AgriFoodTech: osapiens nabs $120m for ESG tech, Impossible clears EU hurdle, layoffs at Deere
August 1, 2024
Plus: autonomous delivery startup Nuro looks to be making a comeback.
ReaGenics deploys plant cell culture to create potato biomass with 31% protein content
August 1, 2024
Potato protein is highly soluble and has gelling, foaming, emulsification, binding, texturizing and stabilizing properties. It is also non-allergenic, which makes it attractive to formulators if the availability is there and the price is right, says ReaGenics.
Shiru and Ajinomoto team up on AI-powered sweet protein discovery journey
July 31, 2024
“Shiru’s hypothesis has been that there are likely much more than a dozen sweet proteins out there, but it’s very difficult to find them if you don’t have the right tools,” says founder Dr. Jasmin Hume.
Blue Tree Technologies nets $2.26m to expand sugar reduction tech for beverages
July 30, 2024
Blue Tree uses ultrafiltration coupled with adsorption to selectively remove disaccharides such as sucrose, lactose, and maltose from natural beverages such as juice, milk, and beer.
Cultivated meat is down but not out, says meat industry veteran and new CEO at Meatable
July 29, 2024
“Cultivated meat can address the issues that consumers care about and have already shown they will pay extra for, so if we can do it efficiently, why wouldn’t they buy it?” asks Jeff ‘Trip’ Tripician.
Minimally processed alt meat startup Millow nets $2.6m EIC grant, plans new facility
July 29, 2024
The firm will use the funds to scale up its production process, which it claims uses a fraction of the water and energy used by brands such as Quorn, with lower capital expenditure.
Brief: SCiFi Foods assets up for sale in online auction August 6-8
July 26, 2024
According to auctioneer Silicon Valley Disposition, equipment up for sale includes “high-end and late-model (mostly 2022) R&D instruments” including bioreactors.
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