Browsing tag

plant based trend

Thai Incubator SPACE-F Announces New Southeast Asian Food Tech Startup Program

3 Mins Read Bangkok-based food tech incubator and accelerator program SPACE-F is now looking for emerging startups in the Southeast Asia region who are developing sustainable and tech-forward food solutions. It aims to help entrepreneurs scale-up their products and connect them to potential investors with an overarching goal of bolstering the region’s food security – a concern that […]

Japanese Plant-Based Startup Daiz Secures US$6M To Open Vegan Meat Factory

3 Mins Read Japanese food tech Daiz announced this month that it has raised ¥650 million (US$6 million) in a Series A funding round. The investment was led by Japanese state-backed fund A-Five and tech venture capital firm Mitsubishi UFJ Capital. Daiz will use the latest capital to open one of the biggest vegan meat factories in the […]

Nestlé Loses “Incredible Burger” Name After Legal Battle With Impossible Foods

3 Mins Read Swiss food giant Nestlé has just lost a legal challenge from Silicon Valley startup Impossible Foods, the makers of the “bleeding” heme-filled plant-based burger patties. The ruling means that Nestlé will have to rename its existing plant-based “Incredible Burger” sold across the European Union under its brand Garden Gourmet. Following a court ruling in favour […]

New Plant-Based Food Expo In Los Angeles Announced For 2021 To Focus On Emerging & Artisanal Brands

3 Mins Read Organised by marketing and public relations company Scout 22 alongside plant-based industry veterans and groups, the new Scout Plant-Based Expo is slated to launch in September next year in Los Angeles. The expo will feature the newest plant-based food innovations and brands, and aims to connect these solutions with investors, retail buyers and distributors.  Scout […]

One Year On, How Beyond Meat’s IPO Changed Plant-Based Meat Forever

9 Mins Read On May 2, 2019, Beyond Meat, the California-based plant-based food tech company famous for their meat-free burgers and sausages, went public. The company became the world’s first vegan meat alternative to list on the US stock market. A lot has changed since then for Beyond Meat and the wider plant-based industry, becoming one of the […]

KFC Partners With Cargill To Launch Plant-Based Fried Chicken In China

3 Mins Read International fast food giant KFC is slated to roll out plant-based fried chicken in locations across China for the first time this month. The chain’s operating group Yum China partnered with global agribusiness corporation Cargill to create the meat-free chicken substitute, which will be tested in Shanghai, Guangzhou and Shenzhen for a limited trial period.  […]

Jack Ma & Bill Gates Backed Vegan Meat Startup Nature’s Fynd Secures Funding From Al Gore For Asia Expansion

3 Mins Read Chicago-based vegan meat startup Nature’s Fynd has just secured US$80 million in a Series B round from investors including former United States vice president Al Gore. The latest funding will help the company drive its expansion into Asia, and in particular China, where African swine fever and the coronavirus pandemic has brought about greater interest […]

Starbucks Announces Plan To Ditch Vegan Milk ‘Tax’

3 Mins Read Following Starbucks’ highly publicised company-wide pledge to become more eco-friendly this year, the global coffee giant is now hoping to be able to remove the additional fee for drinks that use plant-based milks shortly. Starbucks’ latest announcement reflects the pressure the food industry is feeling from its customers in recent years, especially from the growing […]

Nestlé Commits To Global Plant-Based Innovation As Vegan Food Becomes Mainstream

3 Mins Read Swiss multinational food and beverage giant Nestlé believes that the future of “reviving” pre-prepared dishes and cooking aides lies in going plant-based, citing the rapid growth in popularity of its meat-free products in the past year. The conglomerate plans to ride on the plant-based trend to launch even more vegan and vegetarian items across its […]

Starbucks To “Push” Plant-Based Milk Amid Slew Of Sustainable Measures In Bid To Become ‘Resource Positive’

3 Mins Read As a part of a company-wide drive to become more eco-friendly, the global coffee giant Starbucks will be promoting vegan milk. Among other sustainable measures that the company plans to implement include waste reduction, providing more clean freshwater than it uses, and carbon storage. Starbucks’ move on sustainability reflects the pressure the food service industry […]

India Vegan Milk Startup Goodmylk Raises US$400K In Second Seed Funding Round

3 Mins Read Veganarke Enterprises, the India-based operator of plant-based milk alternative brand Goodmylk, has just completed its second seed funding round with US$ 400,000, bringing the total financing raised so far to around US$ 800,000. With the latest injection of capital, the Bengaluru-based company hopes to expand their product distribution within the local area and launch new […]

America’s Dairy Giants Are Going Bankrupt As Plant-Based Milk Takes Over

3 Mins Read Borden Dairy, one of America’s largest milk producers and distributors, has just filed for bankruptcy, the second major dairy company in the United States to fall in less than two months. The company, which was founded in 1856, cited the rising costs of raw dairy milk and the industry’s market challenges from the plant-based industry […]

Green Queen 2020 Trend Predictions: Plant-Based Goes Mass, Affordable & Accessible

2 Mins Read Plant-based food is going to be increasingly accessible and affordable in 2020. With more people hopping on the now super trendy vegan trend, and a never-ending range of plant-based startups dishing out delicious alternatives from dairy-free cheeses, milks and yogurts to meat analogues like beef patties and pork sausages, we’re likely to see more competitive […]

The Unstoppable Rise Of Veganism

4 Mins Read The concept of ditching all meat and animal by-products might seem a bit radical to some, but thanks to increased global attention towards the climate crisis, younger generations being more attuned to ethical and environmental concerns, and an overall changing consumer environment driven by shoppers looking for do-good brands, veganism is now on an unstoppable […]