Bühler, Givaudan latest to land in foodtech-friendly Singapore with joint innovation center
April 30, 2021
The Swiss duo have opened the Protein Innovation Centre to develop plant-based products for Asian consumer preferences.
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Tag: plant-based
ADM opens plant-based innovation lab in Singapore
April 23, 2021
ADM chief global flavorist Marie Wright said the lab will serve “customers around the world looking to incorporate Asian flavors and preferences into their latest plant-based [products].”
Brief: Impossible Foods prepping to go public at $10bn valuation, sources say
April 9, 2021
The plant-based burger maker is reportedly planning to go public within the next 12 months, either via a traditional IPO listing or a SPAC merger.
Beyond Meat opens China factory, its first outside US
April 7, 2021
The company said the facility in Jiaxing will “significantly increase” the speed, scale, and sustainability of distributing its products across the region.
Oatly partners with Yeo’s to build $22m plant-based milk factory in Singapore
April 5, 2021
The Swedish startup – which recently filed for an IPO in the US – is building its first production facility in Asia to target China’s lucrative dairy products market.
Brief: Plant-based house of brands Livekindly Collective nets $335m funding
March 29, 2021
The group will use the funding to expand in the US and China – and to “fuel acquisitions, key partnerships, and investments” in plant-based products.
Amfora gets $6m Series B injection from Bayer, Spruce Capital to increase protein in crops
March 24, 2021
The US biotech startup is using gene editing to increase the nutritional content of seeds such as soybean, with an eye on the booming plant-based protein market.
Plant-based whole egg startup Float Foods gets Temasek grant
March 15, 2021
The Singapore-based startup will use the project development grant money to commercialize OnlyEg, its legume-based egg substitute which comprises a distinct white and yolk.
Fashion tech startup Stony Creek Colors secures $9m Series B for plant-based dye
March 3, 2021
The Tennessee startup is the first company in the US to grow the indigo plant at a scale usable by the commercial denim industry.
Brief: Beyond Meat signs global supply deals with McDonald’s, KFC & Pizza Hut
March 1, 2021
The agreements mark a significant amping-up for Beyond Meat, which has so far only launched limited foodservice trials in the US, Canada, and China.
Brief: Singapore’s Next Gen breaks plant-based seed round record with $10m raise
February 25, 2021
Next Gen will use the funds to launch its first brand, plant-based chicken substitute TiNDLE, in Singapore and other Asian cities.
Brief: Lawsuit challenges US regulatory approval of heme in Impossible Foods’ ‘bleeding’ burger
February 4, 2021
Advocacy group claims the Food & Drug Administration approved heme without meeting the ‘convincing evidence’ bar required by its own regulatory process.
Ex-Impossible Foods VP Dana Worth on his new role at Plenty & the future of indoor farming
February 1, 2021
After six years at Impossible Foods, Dana Worth is joining CEA startup Plenty as senior vice president – just as indoor farming begins to really heat up.
Brief: Beyond Meat & PepsiCo form plant-based snacks JV
January 26, 2021
The PLANeT Partnership will allow Beyond Meat to reach more consumers and enter new product categories, while PepsiCo gets a bite of the booming alt-protein market.
Algae rancher Qualitas Health nets $10m to move into alt-protein
January 11, 2021
The cattle ranches of Texas have long provided protein for the US populace. Qualitas wants to continue that tradition – but it’s raising algae instead.
Singapore grants world’s first regulatory approval for ‘lab-grown’ meat
December 2, 2020
San Francisco’s Eat Just – known for its plant-based egg substitute – got the greenlight from the Singapore Food Agency to sell cultured chicken meat to consumers.
Eat Beyond IPO: ‘We’re making it possible for retail investors to participate in this thriving market’
November 27, 2020
Patrick Morris, CEO of the Vancouver-based foodtech fund, tells AFN why it decided to go down the IPO route – and what it has planned for the future.
Kate Farms nets $51m from Goldman Sachs, others for organic tube-feeding formulas
November 26, 2020
The Californian startup makes plant-based, organic formulas that can be used for tube feeding patients with chronic illnesses.
EXCLUSIVE: Plant-based, protein-rich & mind-nourishing: Asia’s food trends for 2021 as revealed by AI
November 26, 2020
As 2020 draws to a close, trends identified by Ai Palette suggest that Covid-19 will have a long-lasting impact on Asia’s food preferences.
VEAT launches vegan vending machines in Sweden following pre-seed round
November 13, 2020
VEAT, which sells plant-based meals out of its vending machines, is rolling out across Stockholm – with other European cities in its sights.
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