Investment for Australia agrifoodtech dropped 40% year-over-year in 2022, but enthusiasm for climate-focused companies remains robust.
Farmless—a Dutch startup using carbon dioxide, rather than sugar, to fuel its fermentation-based food production platform—has raised €1.2 million ($1.3 million) in a pre-seed round.
Dutch cultivated meat startup Mosa Meat has opened a new 30,000sq ft ‘scale-up plant’ in Maastricht as it edges closer to commercialization.
Agrifoodtech investment in Europe fell 46% to $5.1bn in 2022, consistent with a 44% drop in global funding. But there were some bright spots…
Precision fermentation startup The EVERY Co has teamed up with Alpha Foods to explore the potential of meat alternatives featuring ‘animal-free’ egg whites made with microbes instead of chickens.
Better Bite Ventures, a fund focused on alt protein startups in APAC, has invested in four startups under its early-stage First Bite initative.
Latin American agrifoodtech startups hoping to scale their solutions can now apply to the GLOCAL Game Changers LatAm Series 2023.
From ‘designer fats’ made by microbes to oleogels, the race is on to find replacements for animal fats in meat alternatives, say the founders of California-based startup Lypid.
US regulators have warned startups in the emerging field of ‘molecular farming’ that expressing animal proteins such as casein in genetically engineered plants will require strict allergen management protocols.
Liberation Labs—a startup on a mission to address capacity bottlenecks in biomanufacturing—has secured $30 million in equipment financing to support its first commercial-scale precision fermentation facility in the US.
Bel Group—the multinational firm behind cheese brands Babybel, The Laughing Cow, and Boursin—has teamed up with AI-powered startup Climax Foods to develop plant-based versions of its iconic brands for launch in Europe and the US by the end of 2024.
Believer Meats has a new Burger, Freight Farms grows its indoor ag team.
Aqua Cultured Foods has raised $5.5 million in a seed round led by Stray Dog Capital to expand its fermentation-based production platform for high-protein whole cuts of fungi-based seafood.
Parties interested in bidding for distressed plant protein processor Merit Functional Foods have until April 21 to submit an offer, says receiver PriceWaterhouseCoopers.
2023 will be a pivotal year for cultivated meat, as a handful of well-capitalized startups hit the market and early-stage players wait with bated breath to see if consumers are sufficiently enthused to motivate anxious investors to keep funding the nascent space, said investors at the Future Food Tech conference.
Panelists at the AgFunder 2023 Global Report launch party discussed the challenges for alt protein and eGrocery, and why capital is swimming upstream.
While alt-protein investment has cooled, there’s still plenty of interest in replacing eggs, says Maija Itkonen of precision fermentation startup Onego Bio.
Burcon NutraScience—which developed the plant protein extraction technology utilized by Merit Functional Foods—says it will submit a formal proposal to acquire the distressed business, which went into receivership on March 1.
Tofurky’s new owner Morinaga Nutritional Foods paid north of $50m for the family-owned alt meat brand, one of the leading players in the US meat alternatives market, AFN has learned.
Meati president Scott Tassani says he remains confident his minimally-processed mushroom root-based steaks and cutlets can breathe fresh life into the North American meat alternatives category, and believes Meati can capture “20% of what we think will be a $5 billion retail market in five years.”
Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets