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3 Mins Read The Australian Commonwealth Government has named Change Foods as a key partner in a new AUD$164 million Trailblazer Universities Food and Beverage Accelerator led by the University of Queensland and Queensland University of Technology (QUT). Change has confirmed it is receiving a grant of $3.1 million to support an existing research partnership between itself and […]
3 Mins Read Closing an $8.5 million Seed Round led by Chris Sacca’s Lowercarbon Capital, Maveron, Valor Siren Ventures, Simple Food Ventures, and SV Angel, Tomorrow Farms says it’s gearing up to fuel the “sustainable food revolution.” New York-based Tomorrow Farms has yet to launch a product, but with its latest funding, which brings its total raised to […]
7 Mins Read Last month, on an early spring afternoon, I was seated inside the Four Seasons hotel in Beverly Hills for a lunch dubbed “Taste the Future: A Luncheon Celebration of the Future of Food.” The “future of food” is a popular mantra for the times as food tech companies and farmers alike aim to fix a […]
3 Mins Read Colorado-based MycoTechnology has closed an $85 million Series E funding round. The investment was led by a representative of the Omani sovereign wealth fund, the Oman Investment Authority. Previous investors joined the round, including Tyson Foods, S2G Ventures, and Evolution VC partners. New backers joined alongside. Funding has been raised to help with the global […]
3 Mins Read Atlanta’s CP Kelco has announced a strategic partnership with ingredient startup Shiru. The two will work together to leverage the latter’s ’Flourish’ platform with Kelco’s precision fermentation capabilities. The goal is to push clean label ingredients identified by Emeryville-based Shiru’s AI technology through faster screenings and trials, with market release following soon after. Shiru’s Flourish […]
3 Mins Read California’s MeliBio has closed a successful seed round with $5.7 million invested for its bee-less honey made without bees led by Astanor Ventures, with some existing backers doubling down and new names coming on board. Funding will be used to scale its proprietary precision fermentation technology for manufacturing the company’s honey without bees and to […]
5 Mins Read Australian-Californian animal-free dairy startup Change Foods has secured $12 million in a seed extension fundraising round, bringing the company’s total company seed funding to more than $15.3 million. This represents a first for the precision fermentation sector and will support continued R&D ahead of commercial launch. The oversubscribed was led by Route 66 Ventures. Upfield, […]
3 Mins Read Formo and Brain Biotech are working collaboratively to bring bioidentical milk proteins to commercial viability. The move will see the two German natives bringing their expertise together, while using shared platforms for scaled fermentation capability. Formo has developed an animal-free milk protein that can be mass-produced using the Brain Engineered Cas platform. Global potential is […]
4 Mins Read Attitudes towards precision fermentation dairy are being put under the spotlight. A joint study carried out by Formo, Mercy For Animals, and Fordham University, has reported positive feelings about the sector and its impact on animals. Amongst the findings, “strong consumer enthusiasm” is a key takeaway, with curiosity surrounding animal-free dairy ranking highly as well. […]
8 Mins Read It’s everywhere. Impossible Foods, Perfect Day, MeliBio, Nature’s Fynd, Mighty Drinks — these are just a few of the dozens of companies championing fermentation to make greater strides in the alternative protein sector, particular when it comes to cheese, milk, and eggs. Founders and investors are hugely bullish. In 2020, the Good Food Institute released […]
3 Mins Read As innovators and scientists race to develop animal-free alternatives to chicken eggs, a research team in Finland has created a new egg white alternative made from fungi; the development could represent the first of its kind. Like The Every Company, precision fermentation was used to create the sustainable, animal-free albumin. The product requires up to […]
3 Mins Read Trendy ice cream brand Coolhaus has been bought by Perfect Day subsidiary The Urgent Company. The brand will now move to remove all animal products from its range. Coolhaus CEO Natasha Case will take a new role as president of brand experience for The Urgent Company. The acquisition value has not been released. Coolhaus is […]
3 Mins Read In an oversubscribed Series C funding round, Bay Area platform The Every Company has raised an additional $175 million for its precision fermentation egg protein, bringing its total funding to more than $230 million. A roster of new and existing investors co-led the new Every funding, including McWin, Rage Capital, Temasek, Grosvenor’s Wheatsheaf Group, TO […]
3 Mins Read A recent £4.5 million seed plus round brings alternative dairy startup Mighty’s total funding to £8 million. Funds are being earmarked for international expansion, alongside bringing a new precision fermentation-based plant milk to market in early 2022. The latest funding for Mighty was led by two of Germany’s leading brewing families. Bittburger Ventures and Schadeberg […]
3 Mins Read Belgian food tech startup Paleo has announced that it has raised €2 million in seed funding round. A specialist precision fermentation protein developer, Paleo has earmarked the funds for further product R&D and future facilities design. A planned €40 million Series A funding round will finance the building of an R&D centre, pilot plant, and […]
3 Mins Read South Africa’s De Novo Dairy, the continent’s first precision fermentation dairy startup, has announced the close of a successful round of pre-seed funding that will enable to company to push forward on R&D. One of a growing number of startups using pioneering precision fermentation around the globe, the company is creating dairy proteins identical to […]
2 Mins Read Helaina, the startup developing immune-equivalent proteins in breast milk through precision fermentation, has raised $20 million. Helaina has closed its Series A funding round with $20 million, co-led by early-stage tech investors Spark Capital and Siam Capital. Participating investors included Primary Venture Partners and Plum Alley Investments, as well as American celebrities like Tom Williams, […]
3 Mins Read New Culture secures $25 million in an oversubscribed Series A to fuel the launch of its animal-free mozzarella cheese. New Culture, the San Francisco startup developing animal-free cheese, has closed its Series A round with $25 million. The funds will go towards scaling up production and growing its team ahead of the launch of its […]
3 Mins Read This new whey protein powder is unlike any other currently on the market. It’s completely animal-free, thanks to Perfect Day’s precision fermentation technology. You can now get your hands on real whey protein powder, made without any cows. Mooless is the new environmentally-friendly and ethical protein powder that delivers the same functional and nutritional benefits […]
4 Mins Read General Mills has become the first major food brand to dive into precision fermentation dairy. This week, it announced the launch of Bold Cultr—animal-free cheese made from Perfect Day’s whey. “Bold Cultr is one of the world’s first next generation cheese alternatives, made with proteins created through precision fermentation – instead of animals,” Amanda Best, Corporate Communications […]
3 Mins Read The world’s first smoothie containing animal-free egg white protein has arrived. Launched by California juice brand Pressed, the new Pineapple Greens Protein smoothie features The Every Company’s bioidentical egg white protein made without chickens and sustainably produced using precision fermentation technology. Pressed has just added a new smoothie to its range, and it’s like no […]