Alt Protein

Rival Foods, the Wageningen University & Research spinoff working since 2019 to replicate animal meat with plants, has announced the closing of a €6 million Series A funding round. PeakBridge and Roquette Ventures led the funding…
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It’s crazy to think that just a decade ago, there were no animal-free alternatives to chicken eggs. If you went vegan, it meant saying goodbye to eating, cooking, and baking with eggs. So, the fact that I reached out to about 20 different…
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Can $20 million help plant-based fast-food chain Next Level Burger open 1,000 locations? Matt de Gruyter, co-founder and CEO of Next Level Burger, the first organic vegan burger chain in the U.S., says the company's latest raise, $20…
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Is microalgae milk coming? Sophie's Bionutrients and NewFish, both leaders in microalgae protein fermentation, are partnering on an effort to further explore microalgae's potential in the future of food, namely the booming dairy…
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Emerging from stealth mode, the celebrity-backed Prolific Machines is about to bring down the price of cultivated meat significantly. Profilic Machines' $42 million was raised a year ago and comes from a long list of seed and an…
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India’s love affair with dairy is well documented. As a country, it has the largest dairy herd in the world and milk production accounts for 5 percent of the national economy. Local cuisines frequently feature dairy, as well as eggs and…
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Paris-based food tech company Standing Ovation has closed an oversubscribed €12 million Series A financing round to scale its animal-free casein and alt-cheese products. The new funding was led by Astanor Ventures, with participation from…
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Biotech is a priority for the Biden Administration, as the President signed an executive order earlier this week implementing support for the emergent category. Funding amounts were not disclosed but Biden says biotech holds the potential…
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Austria’s Revo Foods is bringing three new vegan products to market this week: Graved Salmon, Salmon Spread, and Tuna Spread. It says the Graved Salmon and Salmon Spread are new to the plant-based seafood category. “With the release of…
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Australian food-tech company Magic Valley says it has created a prototype for the country’s first cultivated lamb meat. It’s a move the company says is aimed at meeting Australia’s changing dietary preferences. According to Magic…
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Nestlé announced earlier this week that it is preparing to launch new dairy milk alternative using Perfect Day's animal-free precision fermentation whey. The announcement builds on the multinational food giant's recent investments into…
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Property and Rolexes have been superseded as savvy investments for the rich and famous. Now, it’s all about who can invest in the most innovative future food company. From plant-based protein to cultivated meat, the alt-protein sector has…
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Paris-based Nutropy announced it has raised €2 million in a pre-seed round for its novel precision fermented cheese expected to be market-ready within 24 months. Developed by Nathalie Rolland and Dr. Maya Bendifallah as a means to bring…
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With its recent $330 million raise, PowerPlant Partners' third fund, the PPV Fund III, will shift to focus solely on growth-stage vegan companies. According to PPV founders Daniel Gluck and Mark Rampolla, this is the first "true growth…
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Moving cell-cultured seafood "closer to nature," Israeli newcomer Forsea Foods says it's turning its attention to a bottleneck in the seafood industry by focusing on eel meat. Ashdod, Israel-based Forsea Foods says its patented organoid…
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The vegan seafood industry, already experiencing a boom, gets a big push as vegan tuna category leader Good Catch joins the expansive Wicked Kitchen portfolio. Founded by chef brothers Chad and Derek Sarno, vegan ready-meal brand Wicked…
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Israel-based cultivated meat startup Biobetter says it has closed a $10 million Series A funding round led by Jerusalem Venture Partners and additional investment from Milk and Honey Ventures, and the Israeli Innovation Authority. …
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ABC's Shark Tank has become synonymous with cutthroat deals and investors circling for prime opportunities. As consumer demand for vegan foods increases, the panel of experienced entrepreneurs, particularly Mark Cuban, alongside a range of…
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Beyond Meat is gearing up for a Japan launch in a new partnership with United Super Market Holdings. The partnership will include both product development and distribution. United Super Market Holdings (USMH), one of Japan's largest…
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With its latest iteration, Impossible Foods' plant-based ground beef now contains less saturated fat and more protein than ever, putting it on par with conventional beef. The new Impossible Foods labels read simply: Beef Made From…
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Float Foods' OnlyEg is coming to Singapore's food service industry, marking the first time a plant-based egg Tamagoyaki is commercially available in Asia. The fourth produce in OnlyEg's lineup, the Tamagoyaki is making its debut in…
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