Browsing tag

alternative dairy

These Four Startups Are Remaking Milk To Shape The Future Of Dairy

4 Mins Read There’s no disputing the industrial dairy complex is problematic, particularly when it comes to fighting the climate crisis. Dairy farms across the world are a major contributor to the total greenhouse gas emissions over the life cycle of milk and other dairy products. We’re profiling four alternative dairy startups from around the world that are […]

Brown Foods Unveils Cultivated Milk Developed In Under Three Months

4 Mins Read Founded in 2021, Brown Foods claims to have developed “real” whole milk in a laboratory setting. The breakthrough took less than three months for the Boston and India-based startup, which just closed a $2.36 million seed round. Participation has been confirmed from Y Combinator, AgFunder, SRI Capital and Amino Capital, amongst others. A Y Combinator […]

South Korea’s Armored Fresh Bags $23 Million For Fast-Tracked US Vegan Cheese Entry

4 Mins Read South Korea’s Armored Fresh, formerly known as Yangyoo, has confirmed a successful pre-Series B raise totalling $23 million. The round was led by previous investor the Korea Development Bank with supporting participation from Hanwha Investment & Securities, Daesung Startup Investment, Collaborative Fund and Sejong Venture partners, amongst others. The funding has been earmarked to support […]

AAK Foodservice Acquires Vegan Butter Brand Following Manufacturing Partnership

3 Mins Read AAK Foodservice has taken over ForA:Butter, a brand developed by New York-based startup Fora Foods. The flagship product is butter made using aquafaba, which delivers performance that professional bakers look for in their ingredients. The butter has been steadily gaining presence within the foodservice sector, alongside some movement within retail. Formerly dubbed ‘Faba Butter’, ForA:Butter […]

Alt Co. Secures $1 Million For Indian Smart Protein Growth

4 Mins Read Bengaluru-based Alt Co. has confirmed a $1 million raise led by undisclosed major investors from Singapore, the Middle East and India. The plant-based brand intends to use the cash injection to increase its size, reach and product portfolio. Chief amongst new product developments is a line of alternative dairy. Plant-based eggs and nutritional supplements have […]

Bon Vivant Partners With Abolis Biotechnologies To Accelerate Animal-Free Dairy Production

3 Mins Read Alternative dairy startup Bon Vivant has announced a strategic partnership with fellow French operation Abolis Biotechnologies. The latter is a European leader in industrial biotechnology. The two will co-develop production methods for the scaled manufacturing of animal-free dairy proteins created via precision fermentation.  News of the partnership comes shortly after Bon Vivant closed a €4 […]

The UK’s First Vegan Cheesemonger Has Launched Its First Supermarket Line Exclusively With Waitrose

4 Mins Read La Fauxmagerie, Britain’s first vegan cheesemonger has announced it has developed a range for supermarket distribution. The range represents a step back from the more artisanal recipes that the London-based cheese startup offers. Waitrose has been confirmed as the exclusive distribution partner for the new line, which includes ‘Shoreditch Smoked’, ‘Brixton Blue’ and ‘Truffle Camemvert’. […]

Oatly Rumoured To be Whittling Down List Of Candidates For CEO Position

4 Mins Read The Wall Street Journal reports that Jean-Christophe Flatin, a soon-to-be-former Mars executive, is being considered the top candidate to replace Oatly’s outgoing CEO Toni Petersson. Flatin is joining Oatly on June 1 as global president but the company has not confirmed any potential future appointments. Petersson is looking to move into a business development role […]

Imagindairy Closes $28 Million Seed Round Following Successful Funding Extension

4 Mins Read Tel Aviv-based precision fermentation startup Imagindairy has confirmed a $15 million seed extension round following its November 2021’s $13 million raise. Funding will be used for accelerated R&D efforts alongside new personnel hires. The total capital represents one of the largest seed rounds in the alternative protein sector to date. The additional round was led […]

Willicroft’s Vegan Bean Cheese Nets $2.1 Million To Expand Across Europe

4 Mins Read Dutch bean-based plant-based cheese startup Willicroft has closed its pre-seed funding round, securing €2 million. The round was led by PINC and Rockstart with Döhler and Feast Ventures participating. Funding has been raised to support international market entry. The U.K., Germany and Nordic European regions have been specifically earmarked.  Certified B Corp Willicroft is an […]

Change Foods Scoops $1 Million Grant To Turn Sugarcane Waste Into Animal-Free Cheese Feedstock

4 Mins Read US-Australian food tech Change Foods has secured a $1 million grant from the Australian Commonwealth Government to create a platform for upcycling sugarcane fibre waste that will be processed to offer a low-cost and accessible feedstock for Change Foods’ precision fermentation dairy products. The sugarcane fibre (bagasse) is plentiful in supply and will ensure the […]

Fermify Closes Pre-Seed Round To Accelerate Proof-Of-Concept Cheese Debut

3 Mins Read Vienna’s Fermify, which has created a digital platform that can produce casein proteins via precision fermentation, has concluded a pre-seed undisclosed funding round led by Übermorgen Ventures and Backbone Ventures, with participation noted from Bitburger ventures, Kale United and Push Ventures. Fermify says its technology offers identical or superior performance and nutrition to conventional dairy […]

This French Biotech Is Aiming To Be Europe’s Answer To Perfect Day

4 Mins Read Lyon-based Bon Vivant has announced its intention to bring cow-free dairy protein to the European market. The precision fermentation biotech has recently scooped €4 million to progress its R&D. Alliance for Impact, High Flyers Capital, Kima Ventures, Founders Future, and Picus Capital all participated in the funding round.  Bon Vivant hopes to become a B2B […]

Cow-Free Dairy Startup Remilk Secures Fresh Backing Of $120 Million

3 Mins Read As investors pour money into animal-free dairy, Israeli food tech startup Remilk has announced completion of its latest fundraising effort, a Series B round that saw $120 million raised. Hanaco Ventures led the round with Rage Capital, CPT Capital, and Just all joining. Previous investors including Tnuva and Hochland participated again. Remilk has now been […]