Perfect Day animal-free dairy patent in US challenged
A US patent recently granted to Perfect Day— the highest-profile startup in the ‘animal-free’ dairy field—has been challenged by an anonymous petitioner
A US patent recently granted to Perfect Day— the highest-profile startup in the ‘animal-free’ dairy field—has been challenged by an anonymous petitioner
Future Fields has raised US $11.2 million to scale up fruit flies as production vehicles for high value ingredients including growth factors for cultivated meat production and human recombinant proteins for medical research and biopharmaceuticals.
Wild Microbes has raised $3.3m in a pre-seed round to help unlock the potential of precision fermentation via gene editing technology it claims can enable the use of a broader range of microbial hosts.
The alternative protein sector was ‘overhyped, but now its demise is being over exaggerated,’ said investors at a recent industry event as the GFI unveiled results of a global investor survey suggesting a mood of cautious optimism.
Nine foodtech startups—from animal-free dairy companies to firms making meaty flavors for meat alternatives—have joined forces to create a new trade association: the Precision Fermentation Alliance.
Billions of dollars have flowed to precision fermentation and biomass fermentation companies in recent years, says Synonym Bio. “But achieving commercial adoption requires a network of large-scale infrastructure, which does not yet exist.”
Israeli startup Remilk—one of the best-funded players in the nascent animal-free dairy space—has hit pause on plans to build the world’s large-scale precision fermentation facility in Denmark and is instead ramping up production with a contract manufacturer in western Europe.