Nectar, Goodmylk backed by Telus’ $100m ‘responsible agriculture’ fund
November 23, 2021
The Canadian telco’s social impact fund boosts the number of agtech startups in its portfolio with this latest round of investments.
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Tag: alt dairy
ADM, Kraft & Dr Oetker back bovine-free mozzarella maker New Culture in $25m round
November 23, 2021
“In seeking Series A investors, we were intentional about collaborating with experienced food industry professionals,” says CEO Matt Gibson.
Israel’s Imagindairy closes $13m seed round to commercialize cow-free milk proteins
November 17, 2021
The Tel Aviv-based startup “feeds microorganisms instead of cows,” allowing it to avoid many of the ecological pitfalls of traditional dairy cattle production, it says.
Indonesia’s Green Rebel adds plant-based cheese to lineup
November 2, 2021
Green Rebel Cheeze is made is from “locally and sustainably sourced” cashew, potato, and rice, according to the Jakarta-based startup.
Singapore bio-milk maker TurtleTree raises $30m in Series A funding
November 2, 2021
TurtleTree said it will use the capital to move closer towards the commercial launch of its first cell-based milk protein products.
Women entrepreneurs are unlocking value in Africa’s overlooked agrifood resources
October 5, 2021
Talmond, Safi Organics, and Yanaya are among Africa’s women-led businesses identifying untapped resources to boost farmer incomes and cultivate healthy livelihoods.
Data Snapshot: Alt-protein, functional foods raise record $1.4bn in H1 2021
September 30, 2021
The category includes cell-cultured meat, plant-based analogs, fermented and fungi-based proteins, functional foods, and other novel ingredients.
Brief: Perfect Day raises $350m, plots IPO – report
September 30, 2021
The Berkeley, California-based startup uses genetically modified microflora to ferment sugar into proteins found in cow’s milk.
Miyoko’s Creamery CEO on $52m funding, federal court victory & vegan cheese fails
September 20, 2021
After winning a First Amendment labeling lawsuit and raising mega-money from VCs, what next for Miyoko’s Creamery? Vegan cottage cheese, that’s what.
Formo nets $50m for animal-free cheese fermented from microbes
September 13, 2021
The Berlin-based startup has set itself the target of replacing 10% of Europe’s dairy products with animal-free versions produced using precision fermentation by 2030.
Stockeld Dreamery raises $20m Series A funding to expand plant-based cheese lineup
September 2, 2021
The Swedish startup plans to add spreadable and melt-friendly products to its range of cheeses fermented from fava bean and pea protein.
AgFunder raises $21m for New Carnivore alt-protein fund from ADM, Alexandria & others
August 26, 2021
New Carnivore has made seven deals to date, co-investing with leading VCs such as Andreessen Horowitz, Breakthrough Energy Ventures, and DCVC.
Brief: Oatly loses trademark infringement case against UK farm
August 5, 2021
Under-fire Oatly had accused the UK’s Glebe Farm, which produces an oat-based milk called PureOaty, of infringing its trademark rights.
Plant-based cheesemaker Nobell Foods nets $75m from a16z, AgFunder & Breakthrough Energy
July 22, 2021
It’s using soybeans to produce casein, the protein found in cows’ milk which gives cheese its characteristic “melt, stretch, and mouthfeel.”
Brief: Oatly sues UK farm over PureOaty plant-based milk brand
June 14, 2021
Glebe Farm owner Phillip Rayner said that “although Oatly are much bigger than us, we do not believe we have done anything wrong.”
Brief: EU drops plans to restrict marketing of plant-based dairy alternatives
May 26, 2021
Amendment 171 could have prevented brands from displaying allergen or climate information on packaging – or even from showing images of the product itself.
ESG-stacked Oatly debuts at $13bn valuation, but execs say plant-based industry ‘still has work to do’
May 20, 2021
Oatly appears to fit squarely into an ESG portfolio for public market investors, especially in comparison to many companies being touted as ESG bets.
Future Food 🎙️: How Stockeld Dreamery is making ‘the world’s most ambitious cheese’
May 13, 2021
Stockeld Chunk is made from peas and fava beans and is the result of more over two years of R&D, co-founder Sorosh Tavakoli told the Future Food podcast.
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: 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.”
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