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2 Mins Read Shortly after Green Monday made headlines with its groundbreaking new Omnipork Luncheon Meat product, the world’s first vegan “spam” will be made available to consumers in the Philippines in the coming months. Spam is considered a staple across many Asian cuisines, and the Philippines goes through over a million kilograms of the processed ham a […]
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 […]
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 […]
3 Mins Read A new report says that the global vegan meat market will grow to US$21 billion by as soon as 2025. The study finds that the majority of the growth will come from the Asian market, citing preference for tofu and tempeh plant proteins as a key reason, as well as the steadily increasing demand for […]
6 Mins Read Update: This article was updated to reflect that Omnipork would be in 40,000 POS locations by the end of the year, and to confirm that Ming Court will begin serving the new Omnipork Luncheon and Omnipork Strip Dishes in July. It’s been almost two years to the day since Green Monday launched Omnipork, the groundbreaking […]
4 Mins Read In a new industry report published by nonprofit the Good Food Institute (GFI), experts predict that there are plenty of reasons to be optimistic about the future of the alternative protein sector in the post-Covid-19 world. Even amidst the ongoing pandemic that has rocked the foodservice industry and the wider global economy, plant-based meat sales […]
4 Mins Read Berlin-based ProVeg Incubator supports plant-based and cultured food tech startups all over the world to help them raise funding and develop products that will help solve the challenges of our broken food system. This year marks the accelerator’s fourth cohort, and their mission is to empower some of the world’s leading 2.0 startups that are […]
5 Mins Read Startups working on plant-based substitutes for animal products are now raking in capital as investor sentiment for the conventional meat industry goes awry. The coronavirus pandemic has exposed the vulnerability of industrial meat, from increasing numbers of outbreaks in meat-processing plants and empty supplies of beef and pork in supermarkets to the public health dangers […]
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 […]
3 Mins Read Has it really been one year since the Beyond Meat IPO that rocked the world, breaking records as the year’s second most successful listing and the most successful vegan one of all time? In many ways, it feels like only yesterday. In others, the world feels completely different. By any account, the performance of BYND […]
3 Mins Read The Growthwell Group, a Singaporean plant-based protein company, has just announced that it has raised US$8 million. The latest funding round was led by Singapore government-backed fund Temasek, alongside other investors including DSG Consumer Partners, Insignia Ventures, Genesis Ventures. Growthwell has also acquired a stake in Israeli food tech ChickP to develop the world’s first […]
3 Mins Read Beyond Meat, one of the most popular plant-based meat makers in the world, has announced that it has obtained a US$150 million five-year secured revolving credit facility to finance its global expansion. The announcement followed breaking news last week that Starbucks China will launch Beyond Meat’s products alongside Oatly and Omnipork into its new plant-based […]
3 Mins Read Global coffee giant Starbucks has teamed up with leading vegan foodtech players Beyond Meat, Omnipork and Oatly to launch a brand new plant-based menu in China. The new items will be available across all 3,300+ Starbucks locations across China from today (April 21) onwards, as the country begins to recover from the coronavirus pandemic. Starbucks […]
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 […]
3 Mins Read The world’s top scientists have just been awarded US$4 million for research into plant-based and cultivated meat. The prize was given by the Good Food Institute (GFI) Competitive Grant Program to 21 scientists from 9 different countries, and aims to help overcome the crucial challenges lying ahead to scale-up and improve the alternative protein industry. […]
3 Mins Read Japan’s national flag carrier line Japan Airlines will be serving vegan burgers using Beyond Meat’s plant-based patties on select routes between Tokyo and the United States. The vegan burger option will be available to first class passengers on the select flights, and the promotion will begin this month and last until the end of May […]
3 Mins Read A new report published by global consultancy firm OC&C Strategy Consultants finds that the rise of plant-based meat substitutes is causing a serious disruption to the protein industry. According to the research, the Chinese market is one to watch for large-scale changes in the future as its plant-based sector continues its rapid growth. It additionally […]
16 Mins Read Bruce Friedrich, the executive director and co-founder of the Good Food Institute (GFI) is responsible for some of the most iconic plant-based startups that have disrupted the global understanding and perception of vegan meat. A former animal activist who has been at the helm of show-stopping animal welfare campaigns with PETA, Bruce is now at […]
3 Mins Read Days after the record-shattering Beyond Meat IPO, plant-based meat maker & food industry disruptor Impossible Foods announced that it had raised US$ 300 million in a star-studded Series E round, with the incoming funds to be used to speed up its ambitions to expand its workforce and increase the capacity of the company’s production plant […]
6 Mins Read The jack of all fruits, AKA jackfruit, could very well be the vegan’s dream food. It’s amazing how meaty this tropical fruit is when young and unripe! Taste-wise, jackfruit is essentially a blank canvas to work with and texture wise, it mimics the feel of shredded/pulled meat. Packed with vitamins, minerals, potassium, fibers and scores […]
5 Mins Read Editor’s Note: Move over tofu. Step aside tempeh. There’s a new vegan meat replacement in town and it’s pretty awesome. Jackfruit, a large, spiky, durian-like fruit that is popular all over South-East Asia for its sweet, juicy flesh, has a secret use when ripe: when young, it makes for a fantastic meat substitute with a […]