Funding News

British TV presenter Maya Jama has become an investor and co-owner of Swedish pea milk innovator Sproud to drive its global expansion. Maya Jama, host of ITV's ultra-popular show Love Island, has invested in Sproud, the Malmö-based…
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Los Angeles-based vegan fast food chain Mr Charlie's has secured an investment from Carma HoldCo, parent company of sports legends Mike Tyson and Ric Flair's brands. Mr Charlie's Told Me So, home of the McDonald's-spoofing vegan Frowny…
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Despite the industry's headwinds, retail sales of plant-based food in six major European markets increased by 5.5%, and lower prices can help bring a windfall for companies in this space. There have been a few too many doomsday-like…
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Americans are attracted to meat analogues mainly for their health benefits, but to overcome the sales slump, plant-based companies must offer better-tasting and cheaper products. The health halo created by meat producers is fluttering.…
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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 new oat milk dessert brand, Next Level Burger's holiday feast, and…
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David Flochel, former managing director of Heineken UK, will take over as CEO of Quorn Foods following a period of continued sales pressures on the business. The UK's largest meat-free business is hoping to turn the page on a tumultuous…
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US food tech startup Voyage Foods is set to open a large-scale manufacturing facility for its ethical pantry staples, aided by a $25M loan from the government. Recognising the vulnerability of the global cocoa supply, the US Department…
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UK deep tech startup MicroLub has closed a £3.5M ($4.5M) funding round to replace fats and oils with its plant-based microgels. Oil and water may not go together, but who says they have to? For one British startup, water can…
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Infinite Roots and the Hamburg University of Technology have received a €2.6M grant from the German government to develop tech that transforms whey into a feedstock to grow mycelium. As mycelium protein mushrooms in popularity, the…
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The Aussie Plant Based Co has been acquired by Queensland-based Smart Foods, eight days after entering liquidation due to cashflow problems. It was only three weeks ago that Queensland-based vEEF introduced a new lineup of…
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The Danish government is pouring 15 billion kroner into green research and innovation, which includes a focus on climate-friendly agriculture and alternative proteins. To speed up its path to net zero by 2045, Denmark is investing 15…
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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 Vital Meat's cultivated chicken tasting in Singapore, Oatly's new…
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US cacao startup Blue Stripes has closed a $20M Series B investment round to develop superfood chocolates, with backers including Hershey's and celebrity chef Nick DiGiovanni. New York-based Blue Stripes, which tackles chocolate…
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Leading future food industry investor Blue Horizon is pivoting from fund management to manufacturing, starting with a Giga Protein Factory in the Arabian desert. Here's why. Just over a year ago, alternative protein fund leader Blue…
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New analysis lays out the widespread benefits of cultivated meat to the EU and the environment, but not without significant support from parliamentarians. In late July, French startup Gourmey announced it had officially filed an…
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The Jackfruit Company and its consumer brand Jack & Annie's have raised $5M in a Series B extension round to support their product development and expansion efforts. In a nod to consumers' growing appetite for fibre-packed food…
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Vegan chicken startup Simulate, famous for its Nuggs, has been acquired by Ahimsa Companies to get the business back on track after months of (dis)quiet. Simulate, the plant-based meat brand known for its meme-famous Nuggs, has been…
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Parisian plant-based meat startup La Vie has raised €25M in investment amid a fourfold hike in sales, and announced the launch of vegan meatballs. With growing popularity among retail shoppers and an extended foodservice footprint,…
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Since rich countries promised $650 million to the so-called loss-and-damage fund last year, new pledges have dried up. By Naveena Sadasivam At the annual United Nations climate conference in Dubai last year, the world’s countries…
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German food manufacturing specialist Döhler has invested in UK startup Nukoko to scale up its bean-to-bar cocoa-free chocolate, ahead of a market launch in 2025. This month, cocoa futures in the UK dropped by 16%, marking a rare gulf…
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Australian fermentation specialist Cauldron Ferm has received financial support from the Queensland government to build a first-of-its-kind precision fermentation contract manufacturing plant. The state of Queensland is exhibiting its…
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