Browsing tag

alternative protein industry

Jellatech Raises US$2M Pre-Seed To Bring Cell-Based Collagen & Gelatin To Market

3 Mins Read Jellatech, the North Carolina-based startup dedicated to developing animal-free collagen and gelatin ingredients, has announced the closing of a US$2 million pre-seed round. The new funds, which come ahead of the launch of its first cell-based ingredient samples, will fuel the company’s continued development of its animal-free products for the F&B, skincare and medical industries. […]

Cultured Decadence Nets US$1.6M Pre-Seed & State Grant To Become First U.S. Cell-Based Shellfish Maker

4 Mins Read Wisconsin-based Cultured Decadence cellular agriculture food tech has bagged US$1.6 million in an oversubscribed pre-seed funding round as well as the first-ever state funding in the industry to bring cell-cultured seafood to market. Currently, the startup stands as the first and only North American firm focused on developing cell-based lobster and shellfish directly from fish […]

Moolec Science Expands Portfolio With Animal-Free Egg & Dairy Hybrid Proteins

3 Mins Read Moolec Science, the food tech dedicated to developing hybrid plant-based and cell-based alternative proteins, has announced its expansion into the animal-free dairy and egg categories. Using its molecular farming technological platform, the startup hopes to further increase its range, which already includes several alternative meat products, to remove animals from the supply chain in “every […]

Solar Foods Bags €10M From Finnish Climate Fund To Commercialise Air Protein By 2023

3 Mins Read Finnish startup Solar Foods has announced a €10 million (~US$11.9 million) in fresh capital from the Finnish Climate Fund, becoming the state-owned sustainability-focused fund’s first investment. The new loan will enable Solar Foods to kickstart commercial-scale production of Solein, its proprietary protein made from air, with its industrial facility in Finland set to fully operational […]

Impossible Foods Reportedly Preparing For IPO With US$10 Billion Valuation

3 Mins Read Plant-based food tech giant Impossible Foods is said to be in discussions for a public listing that could value the company at US$10 billion or more, according to an exclusive Reuters report. The listing is reportedly taking place within the next twelve months through a SPAC merger deal, a popular vehicle for a number of […]

Mission Barns Secures US$24M Series A For Cell-Based Fat Pilot Production Plant By Green Monday Ventures & Lever VC Among Others

3 Mins Read Mission Barns, the Silicon Valley food tech cultivating animal fat, has raised US$24 million in a Series A funding round. The fresh capital will fuel its scale up plans and go towards building its Bay Area-based pilot manufacturing facility, with the view to commercialise its cell-based animal fat technology for applications in plant-based alternative proteins.  […]

Green Monday Unveils Plant-Based Pork OmniMeat In Stores Across Australia

3 Mins Read Green Monday’s food tech arm OmniFoods debuted its plant-based pork mince analogue OmniMeat in Australia last week and the vegan-friendly product will be available in various local supermarkets as well as in major Asian supermarkets across Sydney this month (April) with plans to be on more shelves across Asian grocery and independent stores very soon. […]

‘Diet Change Not Climate Change’: Chinese King of Pop Wang Leehom Joins Green Monday’s Movement As Ambassador

3 Mins Read Singer, actor, producer & public welfare advocate Wang Leehom has joined Green Monday’s Earth Month campaign 2021, dubbed ‘Diet Change Not Climate Change’, as an official ambassador to promote plant-based cuisines around the world. Apart from this, 1,000 outlets at over 60 restaurants and retailers in Hong Kong have joined Green Monday and will introduce […]

Aussie Shelf-Stable Plant-Based Meat Startup Deliciou Bags Seed Funding To Fuel Global Expansion

4 Mins Read Deliciou has raised seed funding to continue expanding global distribution of its line of shelf-stable plant-based meat alternatives to Europe, the U.S. and Asia. The round, which makes Deliciou the first Australia-based startup to join U.S. alternative protein venture capital Stray Dog Capital’s portfolio, will also allow Deliciou to ramp up R&D to grow its […]

Plant-Based Boxer Claressa Shields Wins Big, Highlights The Benefits Of Animal-Free Diets

4 Mins Read Existing titleholder in the middleweight division of professional boxing, Claressa Shields, who recently won again at the junior middleweight division thus becoming the first woman fighter to win an undisputed championship in two weight classes, made use of the occasion to raise awareness about plant-based diets. On March 5 2021, American professional boxer Claressa Shields […]

Livekindly Collective Bags US$335M For Global Plant-Based Expansion To U.S. & China

3 Mins Read Livekindly Collective has raised US$335 million in its latest financing round, making the company one of the top three highest-funded plant-based firms globally. The new proceeds will go towards the company’s plant-based acquisitions and investments, as well as its global expansion plans, with the U.S. and Chinese markets as its key targets.  Plant-based food group […]

Bluu Biosciences Closes US$8.2M Seed To Bring Europe’s First Cell-Cultured Fish

4 Mins Read Berlin-based Bluu Biosciences has bagged €7 million (~US$8.25 million) in a seed funding round to fuel its R&D focused on cell-cultured fish. As the only food tech in Europe dedicated to culturing seafood species, the startup joins the handful of companies around the world active in this field. Bluu Biosciences says its oversubscribed funding round […]

Eat Just Has Sold The Vegan Equivalent Of 100 Million Eggs

3 Mins Read Eat JUST, the food tech that launched the plant-based egg JUST, recently announced that in just three years of the vegan egg’s launch, the company has sold over 100 million eggs, showing the increasing support and demand of alternative protein among consumers. The news comes shortly after the company raised an eye-raising US$200 million in […]