Alt Protein

Sustainable food and agriculture firm Terviva has raised US$45 million in financing to commercialise its novel culinary oil and plant protein ingredients derived from the pongamia tree. It has also forged a partnership with food giant…
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Mylkcubator has launched as the world’s first incubator program dedicated to dairy alternatives produced using cellular agriculture technologies. The six-month program, open annually from 2021, is created by Pascual Innoventures, the…
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Meat alternative brand Akua focuses on making plant-based foods from regenerative aquaculture and the young company has just unveiled the world's first-ever burger made from kelp, a type of highly renewable algae that not only helps…
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Biotech company Because, Animals has announced the closing of its seed stage financing round led by Orkla ASA that puts the startup's total financing to date at US$6.7 million. The company aims to use these funds to help ramp up the…
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Alternative dairy foodtech startup Vly, which creates milk from pea protein, has raised EUR€6.1M(approx. US$7.4M) in a Series A round led by Five Seasons Ventures. The capital raised will help the company scale its R&D and drive…
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Germany decreased its animal meat production, but vegan meat manufacturing grew, new data shows. Over 2020, the total value of meat production in the country fell by 4%, while its plant-based counterparts saw its value grow double-digits,…
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Back of the Yards Algae Sciences (BYAS), a Chicago-based startup, has developed a “unique seafood flavouring” using its algal heme technology. The flavouring product is designed for plant-based fish, shrimp and other seafood alternatives,…
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Swedish oat milk pioneer Oatly’s stock began trading on the Nasdaq today under the ticker symbol OTLY, opening at US$22.10 per share, a 30% pop from its initial public offering price of US$17 per share, giving the company a valuation of…
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Seaweed processing and food & material innovation firm Oceanium announced it has raised GBP£2M (approx US$$2.7M) in a second seed round led by the Green Angel Syndicate and global conservation NGO the World Wildlife Fund (WWF). The…
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Next Gen is the startup behind TiNDLE, the plant-based chicken brand that has taken Asia by storm. After debuting in restaurants in Singapore, the company is now taking the brand global, announcing today (May 20) that TiNDLE is launching…
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Sprout Organic, which develops and produces plant-based nutritional products for children, is now taking pre-sale orders and is set to launch its plant-based organic infant formula at two trade shows - the Australian Pharmacy Professional…
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Vegan dairy brand Miyoko’s Creamery recently unveiled giant billboards all over Times Square featuring the slogan ‘Milk Plants, Hug Cows’ as the alt cheese & butter category leader aims to raise awareness amongst New Yorkers about…
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Singapore food tech Next Gen is bringing its plant-based chicken brand Tindle into new markets, launching in Hong Kong, Macau and Kuala Lumpur simultaneously next month. Partnering with distributor Classic Fine Foods, Tindle will make its…
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Following its recent launch in U.S., vegan startup Grounded Foods announced today that it is rolling out its vegan-friendly alternative dairy cheeses made from ugly cauliflower and hemp in over 160 retail locations across the country…
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From May 26, the award-winning bleeding plant-based Impossible Deluxe Burger will make its convenience store debut in Asia at over 300 locations of 7-Eleven stores in Singapore as a ready-to-eat meal available under S$6 (approx. US$4.50). …
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Plant-based chicken startup Daring announced today that it has raised a US$40M Series B round involving the backing of Canadian rapper, singer, songwriter, actor, producer, and entrepreneur Drake. The company plans to use this capital to…
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Noble Jerky, a former meat brand that turned vegan three years ago, has seen its revenue increase by 70% over the pandemic-stricken year as consumers increasingly shift towards plant-based alternatives. The company decided to ditch meat…
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Bangkok-based Charoen Pokphand Foods Pcl (CPF) has launched a new plant-based meat brand dubbed“MEAT ZERO” with products the company claims feel, taste and look like traditional meat thanks to the help of its "Plant-tec" innovation, and…
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Shanghai-based food tech Hero Protein has announced Vicky Lee, former CMO of McDonald’s Taiwan, as its new CEO as the young startup looks to accelerate its growth in China. The company, which launched its products in January this year,…
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Green Monday’s OmniFoods arm has announced double-digit price reductions for its OmniPork line of plant-based pork alternatives. It comes as the brand expands its international presence to 40,000 point-of-sales across 20 markets, achieving…
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Researchers at Sejong University in South Korea say they have developed the country’s first cultured pork prototype. The team, led by Professor Park Sungkwon, is collaborating with Seoul National University and homegrown cultivated meat…
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