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4 Mins Read Canadian ingredients startup Chinova Bioworks has closed a $6 million Series A funding round. DSM Venturing and Rhapsody Venture Partners co-led the raise, with participation from Rich Products Ventures. The investment will support team expansion, new product development and extension of existing production facilities on Prince Edward Island (PEI). The startup’s PEI manufacturing plant will […]
4 Mins Read Danish upcycled waste foodtech startup Reduced has bagged €2.9 million in its latest funding round. Led by Vækstfonden and VÅR Ventures, participation was noted from existing investors Rockstart, Pollen Capital and multiple business angels. Funding will be used to invest in cutting-edge technology and expansion of existing production facilities, alongside significant team build-out. Reduced is […]
3 Mins Read Back of the Yards Algae Sciences (BYAS), a Chicago-based startup, has developed a “unique seafood flavouring” using its algal heme technology. The flavouring product is designed for plant-based fish, shrimp and other seafood alternatives, enabling “true seafood” taste and umami flavour to elevate the consumer experience. BYAS has announced the development of a new product, […]
3 Mins Read Chicago-based ingredients startup Back of the Yards Algae Sciences (BYAS) has debuted its new algae-based heme – the molecule that plant-based player Impossible Foods has made famous with its “bleeding” beef patties that are completely animal-free. Showcasing its beta-version to Josh Schonwald who reviewed the ingredient for The Spoon, BYAS says that it wants to […]