An online auction for the assets of Florida-based Lemnature AquaFarms—which produced proteins and fibers from fast-growing aquatic plant lemna (a.k.a. duckweed)—will be held on Dec 12.
Pea milk maker Ripple Foods has raised $49m in a new round according to an SEC filing, taking its cumulative funding to more than $274m.
Investors were pushing cultivated meat startups “to grow as quick and as big as possible while the technologies were not yet mature enough,” says Aleph Farms CEO Didier Toubia.
With sales declining, gross margins in negative territory, and debts of $1.1bn, what’s next for Beyond Meat?
Can cultivated meat make the transition from a loss-making novelty served at a handful of high-end restaurants to a commercially viable alternative to animal agriculture?
Global investment in AgFunder’s ‘Innovative Food’ category (which is dominated by alt proteins) fell by 39% in 2022. However, funding increased by 26% in the Asia-Pacific region. So what should we make of this dynamic?
Two years ago, investors were throwing money at alt protein startups. Today, the environment is way more challenging.
Motif FoodWorks CEO Dr. Mike Leonard has left the Boston-based foodtech firm, AgFunderNews has learned. His departure comes as the firm engages in a new round of layoffs.
While the beleaguered plant-based meat company achieved positive free cash flow in the third quarter, it does not expect to sustain it in the fourth quarter.
With Beyond Meat mulling a restructure of its operations in China due to lackluster demand, we caught up with investor Tao Zhang to get his take on the alt protein market opportunity in China.
At its recent Game Changers LatAm Series 2023, GLOCAL unveiled the 10 companies that won awards for their agrifoodtech innovations.
The plant-based protein market has been experiencing “destocking and consumer demand softness,” says ADM.
Could the sustainability credentials—and the unit economics— of alt proteins be improved by tapping into ag industry side streams?
The binder will be available in the US in 2024 as part of a multi-year agreement between Plantible and ICL.
Everyone agrees that the cost of cell culture media has got to come down dramatically if cultivated meat is going to gain market traction. But what’s the most efficient way to do it?
Moolec Science – a startup developing a molecular farming platform to produce plants that express animal proteins – has raised $30m from strategic investors via convertible notes.
When you’re on a tight budget, your execution must be “flawless,” says Juicy Marbles CEO Tilen Travnik. “If something is not as tight as it should be, it keeps me up at night because it immediately translates into cash flow.”
Ahead of the ftalks Food Summit in Spain, Givaudan exec Alexandre Bastos explains why he’s so optimistic about our food system.
“When it comes to soil carbon, there are more questions than answers in terms of whether it’s investable.” and other quotes from the sidelines of the World Agri-Tech and Future Food-Tech conferences in London last week.
Counterintuitively, perhaps, for a technology that’s been around for decades, the extrusion process for transforming plant proteins into meat analogs remains something of a mystery, says Noa Weiss.
Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets