
Brief: US retail sales of meat alternatives continue precipitous decline
US retail sales of plant-based meat alternatives have continued to decline, falling 12.6% to $106.8m in the five weeks to July 2, with units down 19.8% year-over-year.
US retail sales of plant-based meat alternatives have continued to decline, falling 12.6% to $106.8m in the five weeks to July 2, with units down 19.8% year-over-year.
Perfect Day plans to sell its consumer brands so it can focus on its core business as a b2b supplier of whey protein via precision fermentation.
Nexus PMG has raised a $50 million growth equity round to expand its infrastructure advisory business to investors and developers creating projects that convert waste into everything from fuel to animal feed.
Norfolk Plant Sciences has completed a pre-market consultation process with the FDA for its antioxidant-packed GM purple tomatoes.
The bioeconomy will only take off if we can find a way to make the precision fermentation process more efficient, says Berkeley-based startup Pow.bio.
Impossible Foods has added Ginkgo Bioworks as a defendant in its patent infringement lawsuit against foodtech rival Motif Foodworks over meaty-tasting heme proteins.
Tattooed Chef—best known for its plant-based bowls, zucchini spirals, and plant-based pizza—intends to file for bankruptcy protection.
What does ‘carbon neutral’ mean? According to a Morning Consult survey conducted last year, most US adults don’t know. So should companies use this term, and if so, in what circumstances?
The landmark EAT–Lancet Commission’s ‘planetary health diet’ would improve food security, decrease noncommunicable diseases and reduce the environmental impact of food. But is has two problems, claims Ty Beal.
California-based startup Voodoo Scientific emerges from stealth with an enzymatic key it claims can create smoother distilled spirits.
US dairy farmers have urged the FDA to crack down on ‘animal free dairy milk’ labels “before this situation spins out of control.”
Plantible Foods—a startup extracting a highly functional protein from the aquatic plant lemna—has opened a 140-acre lemna farm in Texas and launched its first product: a plant-based egg replacer it claims can “outperform eggs.”
An IT sales executive turned foodtech entrepreneur, MycoTechnology cofounder and CEO Alan Hahn got the call that dramatically his career trajectory just over a decade ago.
Hyfé, a Chicago-based startup transforming food processing wastewater into feedstocks for biomanufacturing and clean water, has raised a $9 million seed round led by Synthesis Capital.
Cultivated meat startup Omeat has emerged from stealth armed with $40m to fund a novel approach to making meat from animal cells.
UPSIDE Foods and GOOD Meat will be the first to launch cultivated meat in the US after clearing the final hurdles required by regulators.
BetterBrand—a Los Angeles-based startup making high-protein, ultra-low-carb bagels—has raised a $6 million series A round led by VERSO Capital.
The US Patent Trial and Appeal Board (PTAB) has agreed to review a patent granted to Impossible Foods following a petition by Motif FoodWorks, which is being sued by Impossible for patent infringement.
Guardian Agriculture has raised $20m in a series A round to expand its autonomous drone technology to farms across the US and ramp-up manufacturing of its SC1 aircraft.
Thanks to advances in synthetic biology, we can now engineer microbes to produce everything from enzymes to dairy proteins in fermentation tanks. But when does it make commercial sense?
Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets