
Brief: Cell cultured milk startup Brown Foods raises $2.36m from Y Combinator, AgFunder & others
Seed funding will enable the US- and India-based company to further develop its milk alternative made with mammalian cell cultured technology.
Seed funding will enable the US- and India-based company to further develop its milk alternative made with mammalian cell cultured technology.
Andreessen Horowitz led the Series A round, which will enable SCiFi to continue R&D on its blend of plant-based and cultivated beef burgers.
Pending regulatory approval, the US-based company hopes to bring its cultivated chicken to commercial markets later this year.
The Japanese startup is one of several companies that have discovered methods for removing animal serum from the cell culture process.
Xi said that China “should shift our focus from farmland only” and use biotechnology to “obtain calories and protein from plants, animals, and microorganisms.”
Latin America and the Middle East also saw their respective shares of global alt-protein funding increase year-on-year.
The firm has made the first close of its $15 million maiden fund, which it claims is the first to exclusively back Asia Pacific alt-protein startups.
But the startup needs to get regulatory approval before it can sell its cell-cultured salmon to US consumers.
Cultivated meat and other “future foods” startups raised a total of $127 million in China during 2020.
Cultured Decadence has developed “proprietary cell lines and cell feed” for seafood products including lobster and other crustaceans.
It aims to create a “universally accessible cellular agriculture platform” by providing growth media and other solutions at relatively low cost.
The Seoul-based startup closed a $15 million Series B round last month, with the Asian Development Bank among the participating investors.
It’s the largest single funding round yet for a cell-cultured meat startup, according to AgFunder data.
Cellular agriculture startups aim to solve agrifood’s biggest sustainability problems. But smallholders must be part of the solution, writes Saron Berhane.
The world’s largest meat processor plans to acquire a majority stake in Spanish cultivated meat company BioTech Foods.
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.
TurtleTree said it will use the capital to move closer towards the commercial launch of its first cell-based milk protein products.
It aims to “get cell-cultured meat onto the tables of Chinese consumers, providing them with healthier, safer, and lower-carbon meat products,” according to co-founder Ding Shijie.
The category includes cell-cultured meat, plant-based analogs, fermented and fungi-based proteins, functional foods, and other novel ingredients.
New Carnivore has made seven deals to date, co-investing with leading VCs such as Andreessen Horowitz, Breakthrough Energy Ventures, and DCVC.
I’m drowning in new food! Can someone please restructure me out of this mess?