World’s biggest meat firm pays $409m for plant-based protein maker
May 5, 2021
Brazil’s JBS says the acquisition of Dutch brand Vivera “strengthens and boosts” its growing portfolio of alt-protein products.
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Category: FoodTech
8 startups reshaping the global food system
May 5, 2021
Eight startups presenting at F&A Next’s virtual summit on May 26 exemplify the creativity and ingenuity that has global investors eager to place their bets on the agrifoodtech sector at large.
Brief: Uber doubles down on food & grocery offerings in profitability push
May 4, 2021
Uber is set to announce its Q1 results this week as it continues the hunt for profitability by focusing on its core businesses: transport and food delivery.
China enacts food waste law, brings in bans for binge-eating & fines for leftovers
May 4, 2021
The new law targets diners and restaurants that leave food uneaten, as well as ‘chibo’ binge-eating challenges livestreamed on social media.
Brief: Beyond Meat tweaks its plant-based beef; chicken could be next on the menu
April 30, 2021
The company is reportedly set to launch a plant-based chicken analog, allowing it to compete directly with the world’s most-consumed animal protein.
Bühler, Givaudan latest to land in foodtech-friendly Singapore with joint innovation center
April 30, 2021
The Swiss duo have opened the Protein Innovation Centre to develop plant-based products for Asian consumer preferences.
EU to launch carbon farming framework by end-2021 following two-year study
April 29, 2021
Carbon farming can “contribute significantly” to EU climate effort, the European Commission says after a two-year study into regenerative ag practices.
Brief: Indian food delivery app Zomato files for $1.1bn IPO
April 28, 2021
Zomato, which was founded in 2008, has raised a total of $2.1 billion to date from the likes of Ant Financial, Temasek, and Sequoia Capital.
Brief: $1.3bn Quorn IPO gets greenlight in Philippines
April 27, 2021
It will be the Philippines’ biggest-ever IPO – and it’s being driven by demand for alt-protein and instant noodles.
ADM opens plant-based innovation lab in Singapore
April 23, 2021
ADM chief global flavorist Marie Wright said the lab will serve “customers around the world looking to incorporate Asian flavors and preferences into their latest plant-based [products].”
Complexity, AI & the future of food: AI’s food security impact
April 22, 2021
AI must be applied not just to growing more of this crop or that crop, but to optimizing agriculture’s entire value chain, writes Joseph Byrum.
On Earth Day 2021, Climate Neutral says it has signed 230 brands to its net-zero certification
April 22, 2021
Carbon Neutral aims to help brands with carbon accounting and offsetting by providing a third-party certification and consumer-facing label.
Brief: E-grocer Ocado invests $14m in autonomous vehicle startup Oxbotica
April 21, 2021
With e-grocery adoption skyrocketing due to Covid-19, grocery delivery companies like UK-based Ocado are finding new reasons to seek out innovation.
Oatly files for New York IPO, but sees China issues on horizon
April 21, 2021
Oatly expects to raise at least $100 million through its NASDAQ float, but may seek a further listing in Hong Kong depending on geopolitical and business considerations.
Brief: Danone recertifies B Corp status, posts ‘even higher’ impact scores
April 20, 2021
Danone subsidiary Nutricia North America, a specialized nutrition brand, also recently achieved Certified B Corp status.
In another world first for Eat Just, its cell-cultured meat is now available for takeout
April 20, 2021
Eat Just will sell its cell-cultured chicken meat via takeaway orders in Singapore thanks to a partnership with delivery app Foodpanda.
Brief: Perfect Day adds Leonardo DiCaprio as sustainability advisor
April 19, 2021
The actor is joining the alt-dairy startup’s new Sustainability & Health Advisory Council, which will provide guidance on “health and wellness and the environment.”
Complexity, AI & the future of food: Biometrics & the future of food safety
April 15, 2021
Biometric tech has become part of our everyday lives, whether we’re opening a bank account, crossing a border, or unlocking a phone – and it’s coming to our food, too.
Atlast raises $40m to make mycelium-based whole cuts
April 15, 2021
The Green Island, New York-based startup launched its first product, a bacon analog called MyBacon, in November 2020.
Grab confirms record-breaking $40bn SPAC deal; archrival Gojek nears $18bn merger
April 14, 2021
The Singapore-based app claims to be the category leader for online food delivery, ride-hailing, and digital payments in Southeast Asia.
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