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.
Next Gen Foods has secured plant-based protein’s biggest Series A funding to date from investors including Temasek, GGV Capital, and Paul McCartney’s MPL Ventures.
Cultivated meat and other “future foods” startups raised a total of $127 million in China during 2020.
Widespread adoption of plant-based diets would result in lower emissions and higher carbon sequestration, researchers claim.
The US alt-protein startup will launch its product in more Bay Area restaurants following its October 2021 debut.
The Shenzhen-based startup is about to open its first commercial-scale factory, which it says will bring prices of its plant-based products below those of animal equivalents.
The head of Olam’s spices business said that Brightseed’s data insights “will help us unlock the health potential and differentiation in our spice supply and fuel future innovation.”
The deal will allow the company to deliver its “improved” ingredients to plant-based protein producers more quickly, according to CEO Matt Crisp.
Beyond Meat’s southern fried chicken analog will be available to diners at 4,000 KFC locations across the US from Monday.
The pair said they’re partnering to “fix the freezer aisle and provide plant-based, environmentally responsible, positive food choices” globally.
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.
EIT Food, which conducted the survey, is calling for 25% of the EU’s agricultural land to be managed under regenerative practices by 2030.
Vestkorn Milling supplies proteins, fibers, and starches to manufacturers of plant-based meat alternatives, pet foods, and animal feed.
The Berlin-based company will launch its liquid egg alternative in Germany and several other European countries early next year.
The Myco-Protein Innovation Call is focused on scaling the use of fungi as a protein source.
The round was led by South Korea’s Mirae Asset Global Investments.
“In seeking Series A investors, we were intentional about collaborating with experienced food industry professionals,” says CEO Matt Gibson.
The San Francisco-based company will use the Series A funds to grow its team and further develop its “proprietary” food preparation platform.
“The insights from this agreement will [inform] how we grow, separate, and treat our cranberries to optimize for target health benefits and sustainability.”
The Asia Sustainable Foods Platform will co-invest $22.2 million alongside Singapore’s national R&D agency into the new Food Tech Innovation Center.
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