It also teased “a major CPG partner launch” with its whey from fermentation and said it would unveil “new molecules which will bring the impact of precision fermentation to more products and markets.”
Ecovative is one of several startups attempting to harness the magic of mycelium—the filament-like roots of mushrooms—to make more sustainable foods and materials. But what progress has it made to date?
Technology that eliminates the earthy color, flavor and aroma of crickets could unlock new opportunities in human food markets, claims US-based startup Hoppy Planet Foods.
Bioreactor specialist ABEC claims it is owed $100m in cash and stock for work done on Eat Just’s GOOD Meat cultivated meat business.
The continuous processing system will finally enable meat alternatives to reach cost parity with their animal-based counterparts, claims the Seattle-based startup.
The consortium led by Solar Foods will produce whey proteins from bacteria fed with atmospheric carbon and hydrogen instead of sugar, decoupling production from agricultural land.
Some 28 leading agrifoodtech investors responded to AgFunderNews’ annual VC survey
The UMAMI/Cell AgriTech facility in Malaysia—the first phase of which is set to come online in Q1, 2025—has a projected annual output of 3,000+ tons (6 million pounds) of cultivated meat/seafood.
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.
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