“Our basic focus is making full use of the whole hemp plant: seed for feed and stalks for construction,” says cofounder Suneet Shivaprasad.
The firm will use the funds to develop an industrial-scale facility and expand its team, says founder and CEO Douglas Martin.
“Materials are much more forgiving than protein isolates for food,” Brett Cotten tells AgFunderNews.
A lot has changed in 10 years. At Groundswell, the UK-based regenerative agriculture festival, the movement felt unified, positive – and big!
When it comes to methane emissions, most people think of oil, coal, gas and burping cows, says Louise Parlons Bentata at UK-based startup Bluemethane. What they often forget, she says, is water.
“Meat alternatives don’t taste good enough, and it’s the key reason consumers don’t repeat purchase,” claims cultivated fat co Hoxton Farms.
Bpacks combines bark from timber production, used coffee grounds and other bio-based materials to create pellets that can be used by packaging manufacturers to create a variety of materials from produce packaging to meat trays.
“My view of the market is that we had a bit of a hype cycle, but the underlying trends [driving alt protein] are there,” says ENOUGH CEO Jim Laird.
Funding for cultivated meat peaked at $989m in 2021, dipped slightly to $807m in 2022, then dropped sharply to just $177m in 2023.
How efficient are bugs at creating bags, and how scalable is Modern Synthesis’ patent-pending biomaterials technology?
Funding in Novel Farming Systems—an AgFunder category spanning indoor farming, insect ag, aquaculture, and algae production—fell off a cliff last year.
MeliBio is rolling out its first products in partnership with Slovenian food maker Narayan in the UK, Switzerland, and Austria in the first part of a $10m deal to reach 75,000 stores across Europe.
The UK-based farm robotics company talks labor shortages, AI, startup collaboration and more in this interview with AgFunderNews.
Bringing down the cost of growth factors used in cell culture media is critical for the future of cultivated meat, says Multus Bio. But optimizing the overall formulation is equally important.
Biotech startup Modern Synthesis and Danish fashion brand GANNI have teamed up to create GANNI’s signature ‘Bou Bag’ using a leather-alternative produced, in part, by bacteria.
Alt protein startup ENOUGH has raised $43.6 m in a series C round led by World Fund CPT Capital to expand its mycoprotein business.
UPP enables farmers to harvest broccoli mechanically without damaging the crop, and upcycle stalks and leaves to extract proteins and fibers.
UK-based alt meat brand VFC has acquired distressed meat-free brand Meatless Farm, which laid off most of its staff earlier this month after a key investor expected to provide a capital injection backed out.
Loss-making UK-based plant-based meat startup Meatless Farm has laid off most of its staff after failing to secure additional funds to help it stay afloat.
UK-based Higher Steaks has rebranded as Uncommon and raised $30m in a series A round to scale production of cultivated pork using technology it claims gives it a competitive edge by speeding up the cell differentiation process.
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