Funding News

While investment in alternative protein and future food startups has fallen again this year, there have still been some sizeable VC funding rounds. These are the 10 biggest raises of 2024, featuring mycelium meat, animal-free milk, and…
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Irish startup Nuritas has closed a $42M Series C investment round to scale up its AI-powered discovery platform for plant-based peptides. In its bid to greenify the peptide industry and improve public health, Dublin-based biotech firm…
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In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers Impossible Foods's Mufasa Lion King appearance, new Veganuary products,…
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Brits are buying fewer meat alternatives out of a fear of ultra-processing, which has made traditional proteins like tofu and tempeh the darlings of the UK plant-based industry. In March, the UK's biggest supermarket made a prediction…
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Atlantic Natural Foods, the parent company of Loma Linda and Tuno, has terminated an agreement to be acquired by fellow plant protein maker Above Food. Three years after first announcing the deal, Canadian plant-based ingredients…
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Swedish oat milk giant Oatly has announced the closure of its production facility in Singapore, a move that will see a total of 59 workers laid off. In its latest move to streamline operations and reach profitability, Oatly has…
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Switzerland's Yeastup has closed a $9.9M Series A round to turn a dairy factory into one that produces proteins and functional ingredients from spent brewer's yeast. Turning beer industry waste into high-value ingredients, Swiss startup…
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In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers two Beyond Meat debuts in the UK, Oatly's Christmas-themed ad campaign,…
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While public climate finance increased between 2017 and 2022, the amount flowing to food and agriculture declined during this time. There's a critical gap between the money the food system needs to safeguard itself from the climate…
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Californian food tech startup One Bio has closed a $27M Series A round to advance its short-chain fibres derived from agricultural waste. Fibre isn't fibre – it's fibres. That's the fundamental finding of One Bio, a…
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Unilever, Danone and Oatly are among food companies that are urging the EU's new agrifood commissioner to prioritise green policies and promote healthy and sustainable diets. The EU must "urgently step up" its efforts to decarbonise the…
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In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers Upside Foods's latest cultivated meat tasting, a new vegan restaurant in…
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Copenhagen-based Endless Food Co has raised €1M and teamed up with 7-Eleven Denmark to launch cookies made from its upcycled cocoa-free chocolate. Turning beer waste into a chocolate alternative, Danish startup Endless Food Co has…
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Israeli startup Celleste Bio has raised $4.5M in a new funding round for its cell-based cocoa, with repeat participation from Mondelēz International. This year has already seen cocoa prices rise to their highest levels ever, as climate…
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Israel's Gavan Technologies has closed an $8M Series A funding round to commercialise its plant-protein-based animal fat alternative in Europe. To transform the taste, texture, and nutritional profile of vegan dairy and bakes, Gavan…
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German food tech player Planet A Foods, which makes cocoa-free chocolate, has raised $30M in a Series B funding round to expand across Europe, the US and Asia. To take its cocoa-free chocolate business to the next level, Planet A Foods…
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In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers a vegan nugget campaign with Anushka Sharma and Virat Kohli, Japan…
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Unilever is planning an auction to sell The Vegetarian Butcher, its flagship plant-based meat brand. This news has sent ripples through the industry, prompting many to ask: What does this mean for the future of plant-based meat, and how…
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Precision fermentation startups dominate the final round of the US Department of Defense's first phase of biomanufacturing grants, which will go towards building new facilities in the country. The US government is betting big on…
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Thanks to a collaboration with Greene King, Redefine Meat's 3D-printed meat alternatives are now available at 1,000 UK restaurants, in a year when domestic sales have shot up by 100%. Israeli food tech startup Redefine Meat is capping…
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A judge in Los Angeles is poised to dismiss investors' class-action lawsuit against plant-based meat maker Beyond Meat for good. The class-action lawsuit by investors of plant-based leader Beyond Meat is heading towards dismissal for…
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