Browsing tag
4 Mins Read Auckland-based NewFish has come out of stealth to close a NZ$1.3 million (approx. US$816,000) pre-seed funding round. Outset Ventures led the round with participation from domestic investor Tangaroa Ventures, basketball player Steven Adams and Andrea Lee, chairwoman of Lee Kum Kee’s Family Council, amongst others. The startup, founded in 2020, will use its fresh investment […]
4 Mins Read Singapore-based sustainable urban food production technology company Sophie’s Bionutrients has just unveiled its first 100% plant-based burger patty created from single-cell microalgae, which claims to have more protein than beef or most fish that is commercially sold, with each patty offering 24 grams of protein per serve. Singapore-based Sophie’s Bionutrients works on developing alternative plant-based […]
3 Mins Read Food and nutrition company, Qualitas Health recently joined forces with Barcelona-based chemicals business Grupo Indukern and Stockholm-based food-tech investor Gullspång Re:food on the back of a successfully completed Series A funding round, both of which will help the company disrupt the algae protein market by developing new and innovative products. U.S.-based Qualitas Health formed partnerships […]
3 Mins Read Canadian microbial ingredient company Smallfood is debuting a new strain of microalgae that produces a novel “perfect protein” that can be used to develop alternative meats. Smallfood’s microalgae can be grown in just seven days using the firm’s proprietary fermentation technology, a process that is far less resource and carbon-intensive compared to animal-based proteins. Smallfood […]
3 Mins Read Australian startup Provectus Algae has secured US$3.25 million in a seed funding round led by Hong Kong-based early stage venture studio Vectr Ventures. Provectus Algae optimises algae growth and uses synthetic biology to create a platform of algae ingredients suitable for use in a range of industries, from sustainable proteins to bioplastics. Provectus Algae’s US$3.25 […]