Mycorena closes $27m in Europe’s largest alt-protein Series A
March 2, 2022
The Swedish biotech company will take its mycelium-based protein ingredient from prototype stage to commercial-scale production by 2023.
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Tag: sweden
TrusTrace scores $6m to bring sustainability & traceability to agrifood supply chains
October 14, 2021
The Stockholm-based startup claims its platform has tracked over 8,000 suppliers, 250,000 products, and goods worth more than $12 billion to date.
Stockeld Dreamery raises $20m Series A funding to expand plant-based cheese lineup
September 2, 2021
The Swedish startup plans to add spreadable and melt-friendly products to its range of cheeses fermented from fava bean and pea protein.
Brief: Oatly loses trademark infringement case against UK farm
August 5, 2021
Under-fire Oatly had accused the UK’s Glebe Farm, which produces an oat-based milk called PureOaty, of infringing its trademark rights.
Brief: Oatly sues UK farm over PureOaty plant-based milk brand
June 14, 2021
Glebe Farm owner Phillip Rayner said that “although Oatly are much bigger than us, we do not believe we have done anything wrong.”
Swedish seaweed startup Volta Greentech raises $2m to grow low-emissions livestock feed
June 9, 2021
It’s aiming to build “the world’s largest algae factory” to supply raw material for a feed supplement that can reduce livestock methane emissions by up to 80%.
ESG-stacked Oatly debuts at $13bn valuation, but execs say plant-based industry ‘still has work to do’
May 20, 2021
Oatly appears to fit squarely into an ESG portfolio for public market investors, especially in comparison to many companies being touted as ESG bets.
Future Food 🎙️: How Stockeld Dreamery is making ‘the world’s most ambitious cheese’
May 13, 2021
Stockeld Chunk is made from peas and fava beans and is the result of more over two years of R&D, co-founder Sorosh Tavakoli told the Future Food podcast.
Oatly files for New York IPO, but sees China issues on horizon
April 21, 2021
Oatly expects to raise at least $100 million through its NASDAQ float, but may seek a further listing in Hong Kong depending on geopolitical and business considerations.
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.
Oatly planning $1bn IPO for this year: report
January 8, 2021
The Swedish company has retained investment banks Morgan Stanley, JPMorgan Chase, and Credit Suisse to manage the offering, according to sources familiar with the matter.
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.
Oprah, Jay-Z becoming keen foodtech funders after joining Blackstone for $200m Oatly round
July 15, 2020
Oatly’s new celebrity backers are becoming seasoned agrifood investors, with the Swedish alt-milk maker just the latest bet they’ve made in the space.
Future Food 🎙️: Oatly co-founder on scaling alt milk and the need for local food production
June 2, 2020
Bjorn Oste started working with his oat milk-inventing brother Rickard in the 1990s to build Oatly, Sweden’s widely-recognized plant-based milk company.
How Sweden’s Amazon is disrupting online food in the Nordics
April 29, 2020
Interesting things are happening in the Nordics. MatHem (literally “Food Home”), the market leader in online groceries in Sweden, has teamed up with a local financial colossus and industrial enfant terrible to re-draw the food map, writes Johan Jorgensen.
Noquo Foods raises €3.25m in seed funding to crack plant-based cheese
January 23, 2020
Noquo has yet to settle its core ingredient(s), admitting it’s a hard problem to crack, but a list of heavyweight investors clearly thinks the team can go the distance.
Skål!: €17 million more for Matsmart, Sweden’s surplus food marketplace
October 10, 2019
LeadX Capital Partners, which is backed by German retailer Metro Group, led the round, joined by the likes of Ingka Group (IKEA), Northzone, D-Ax, and Norrsken.
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I’m drowning in new food! Can someone please restructure me out of this mess?