Data Snapshot: Alt-protein, functional foods raise record $1.4bn in H1 2021
The category includes cell-cultured meat, plant-based analogs, fermented and fungi-based proteins, functional foods, and other novel ingredients.
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
After winning a First Amendment labeling lawsuit and raising mega-money from VCs, what next for Miyoko’s Creamery? Vegan cottage cheese, that’s what.
Growthwell said it’s working on “a new collection of seafood and chicken alternatives aimed at the growing number of flexitarians” across Asia.
The Berlin-based startup has set itself the target of replacing 10% of Europe’s dairy products with animal-free versions produced using precision fermentation by 2030.
The Nigerian startup’s goal is two-fold: to offer affordable meat alternatives to African consumers, and to match local taste and texture preferences.
The Pune-based startup aims to grow its presence in North America and Europe, including the establishment of an R&D facility in the Netherlands.
The Swedish startup plans to add spreadable and melt-friendly products to its range of cheeses fermented from fava bean and pea protein.
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 Australian startup is producing whole-food meat analogs out of shiitake, with celebrity chef Heston Blumenthal creating a signature burger using the product.
The Australian plant-based protein startup may have secured funding from Chinese food and grocery delivery ‘super app’ Meituan.
Under-fire Oatly had accused the UK’s Glebe Farm, which produces an oat-based milk called PureOaty, of infringing its trademark rights.
The pair are expanding on their earlier collaboration, which “uncovered 10 times more bioactives than previously known” in the soybean plant.
The Chilean startup said the round – which also saw participation from sports stars Roger Federer and Lewis Hamilton – values it at $1.5 billion.
The Singapore-based startup has scored $30 million in seed funding from the likes of Temasek, GGV Capital, and England soccer star Dele Alli.
Nestlé is said to be planning a range of products which blend cultivated meat with plant-based protein.
The Israeli company secured the mega-funding from L Catteron and agrifood corporates BRF, Cargill, CJ CheilJedang, and Thai Union.
Having overtaken e-commerce behemoth Alibaba on the active buyers front, Pinduoduo’s looking upstream at alt-protein and logistics tech, its sustainability head tells AFN.