Funding News

The Good Food Institute, an alternative protein think tank, has released its latest State of the Industry series of reports for 2024. Here's how plant-based, fermentation-derived and cultivated proteins fared in 2024. While investment…
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Our weekly column rounds up the latest sustainable food innovation news. This week, Future Food Quick Bites covers Purple Carrot's partnership with Fable Foods, Gosh!'s new points-based packaging, and SimpliiGood's spirulina-based salmon. …
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Danish pharma giant Novo Nordisk has provided a grant worth 50 million kroner ($7.6M) to the University of Copenhagen to develop less processed plant-based proteins. As meat alternatives continue to be scrutinised for their level of…
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European future food startups saw a 25% boost in funding in 2024, making the region a global leader in the space – but economic uncertainty is keeping investors cautious this year. While US tariffs keep business leaders and investors on…
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Our weekly column rounds up the latest sustainable food innovation news. This week, Future Food Quick Bites covers This's pasta partnership with Ugo Foods Group, Starday's $11M Series A round, and a nomination for the Earthshot Prize. …
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South Korean alternative protein pioneer Intake has secured ₩13.5B ($9.2M) in Series C funding to commercialise its precision-fermented dairy, meat and egg proteins. Seoul-based food tech leader Intake is expanding its alternative…
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Our weekly column rounds up the latest sustainable food innovation news. This week, Future Food Quick Bites covers Bold Bean Co's Ottolenghi collaboration, Beyond Meat's new documentary, and Miyoko Schinner's upcoming vegan cookbook. …
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The European Investment Bank has provided Swedish agricultural cooperative Lantmännen with €50M in part financing for a pea protein isolate factory. Lantmännen, Sweden's largest farmer cooperative, has received a big boost from the EU…
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Our weekly column rounds up the latest sustainable food innovation news. This week, Future Food Quick Bites covers Ajinomoto and Solar Foods's latest product launch, Unity Diner's return, and a new meat-free omakase experience in Hong…
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New York firm Ecovative has secured $11M to supercharge the expansion of its mycelium-based MyBacon, which it claims is the fastest-selling plant-based breakfast item in the natural channel. Mycelium innovator Ecovative has raised $11M…
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Our weekly column rounds up the latest sustainable food innovation news. This week, Future Food Quick Bites covers Impossible Foods's beef slider rollout, the New York Mets's new vegan sandwich, and Grubby's vegan meal kits for B Corp…
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Tom Johansson, co-founder and CEO of Swedish vegan meat maker Hooked Foods, says underperforming big players have "scared" investors interested in the plant-based sector. The slow sales progress of leading plant-based companies in…
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Brevel, an Israeli startup using light and fermentation to create microalgae-based ingredients, has secured $5M in a seed extension round. Israeli food tech player Brevel has extended its seed funding pot by $5M, taking total investment…
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Based in Cologne, Vytal Global has raised €14.2M ($15.5M) in growth funding to fuel the expansion of its reusable food packaging solutions. German eco packaging startup Vytal Global has secured €14.2M ($15.5M) in investment to scale its…
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Our weekly column rounds up the latest sustainable food innovation news. This week, Future Food Quick Bites covers Benexia's new chia seed milk, Violife's campaign with Chrishell Stause, and Holy Carrot's upcoming restaurant in London. …
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The Better Meat Co has signed a letter of intent with one of South America's largest meat companies for the use of its mycoprotein in blended meat applications, just as it starts a new $15M fundraising round. US food tech startup The…
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Canadian plant-based restaurant chain Odd Burger has detailed its US expansion strategy to tackle the impact of the ongoing trade war between the neighbours. As America's trade war with the world continues, one burger chain is opting…
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South Korea's Uiseong County has won its bid to build a cultivated meat research centre, supported by $10M in government funding as part of the country's food tech drive. With regulatory support for cultivated meat ramping up in South…
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Our weekly column rounds up the latest sustainable food innovation news. This week, Future Food Quick Bites covers Diageo's newest non-dairy Baileys, Beyond Meat's mycelium steak, and Minor Figures's 'Hyper' oat milk. New products and…
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Colorado-based Meati Foods faces an uncertain future after its lender swept most of its cash reserves due to a technical default, but the company is fighting to save the business and 150 jobs. Mycelium protein startup Meati Foods is…
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The alleged financial fraud committed by one of Indonesia's most promising startups will likely have a ripple effect on Southeast Asia's food tech economy. A financial scandal surrounding a heralded aquaculture company from Indonesia…
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