Asia Pacific alt-protein funding almost doubled last year, but region trails on fermentation: GFI
Latin America and the Middle East also saw their respective shares of global alt-protein funding increase year-on-year.
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.
‘Future food’ is one of several areas outlined in a new document setting out agricultural policy objectives under the country’s 14th Five-Year Plan.
Cultured Decadence has developed “proprietary cell lines and cell feed” for seafood products including lobster and other crustaceans.
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 FAIRR Protein Producer Index has just been published for the fourth time; and many of the world’s major meat and dairy companies still have a lot to do.
The world’s largest meat processor plans to acquire a majority stake in Spanish cultivated meat company BioTech Foods.
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.
Protein has become a bit of a battleground in Australia of late; but the economics suggest there’s plenty of room for all players – traditional and alternative.
GOOD Meat, the cell-cultured meat business of US alt-protein startup Eat Just, has secured $97 million in funding as a continuation of the $170 million
Qatar and US-based Eat Just will build what they say is “the MENA region’s first-ever facility for cultivated meat” in the Middle Eastern country.
New Carnivore has made seven deals to date, co-investing with leading VCs such as Andreessen Horowitz, Breakthrough Energy Ventures, and DCVC.
However, the survey’s choice of terminology may be problematic.
The deal “sets an example for a novel way of building and growing a company as part of the accelerating [alt-protein] industry,” said Shiok Meats CEO Sandhya Sriram.
Cell lines for cultivated meat R&D are proving hard to come by. But don’t point the finger of blame at startups, as a major UK newspaper appeared to do this week.
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