Funding News

From pollution and destruction to disease, the societal costs of livestock meat production are an incredible burden. In 2020, the average American ate almost 280 pounds of meat, a figure which is very likely higher today.  Many…
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Singaporean food tech startup Prefer, which makes beanless coffee from food industry sidestream ingredients, has raised $2M to fund a larger production facility and its Asia expansion. How do you Prefer your coffee? If you ask Jake…
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US mycelium meat maker Meati has appointed a new CEO and cut 13% of its workforce in a right-sizing move aimed at reaching profitability. Meati has switched up its C-suite by making Phil Graves its new CEO. The former Patagonia…
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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 South Korea's vegan tourism drive, a new hybrid cultivated beef rice,…
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Israeli startup Day 8, which produces upcycled plant-based proteins from Rubisco, has secured a pre-seed investment of $750,000 from food tech incubator and investor The Kitchen Hub. Day 8 has closed a $750,000 pre-seed financing round…
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Black-owned plant-based meat company Meat the Mushroom secured investment from two Sharks in the ongoing season on Shark Tank – here's the inside story on how it all went down. "In Shark Tank, we have so many plant-based products – they…
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The oat milk leader posted an 8.5% increase in year-on-year revenue, though annual losses grew by 6.2%, primarily due to abandoning the construction of three production facilities. The company has promised to focus on…
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New Zealand food tech startup Miruku has raised $5M in a pre-Series A financing round to expand its molecular farming platform for dairy proteins and fats, and conduct field trials in Australia. The $5M pre-Series A fundraiser was led…
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South Korean cultivated meat startup Simple Planet has raised ₩8B ($6M) in a pre-Series A funding round to optimise its technology for its powdered ingredient, secure regulatory approval, and expand internationally. Simple Planet's ₩8M…
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San Francisco-based New Wave Foods and Germany's Ordinary Seafood have become the latest casualties in the alternative protein sector, spotlighting the troubles experienced by the vegan seafood category in recent times. In a short space…
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Cargill has added to Scottish-Dutch food tech startup ENOUGH's Series C funding round with an undisclosed sum to expand their existing partnership, which will see the meat giant co-create and market products with the latter's ABUNDA…
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Spanish plant-based meat startup Heura has raised €40M ($43M) in a Series B round, in what is one of the largest investments in a vegan company in 2023. The company is now on the path to profitability and will look to license its tech and…
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Indian vegan bakery The Cinnamon Kitchen secured a ₹60 lakh ($72,000) investment from Aman Gupta on Shark Tank India. Landing the deal at 5% equity, the brand was valued at ₹12 crores ($1.44M), and is among a handful of other plant-based…
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German fermentation tech startup Planet A Foods, the parent company of cocoa-free chocolate brand ChoViva, has secured $15.4M in a Series A funding round. On the heels of partnerships with industry giants, It plans to introduce its product…
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In an exclusive interview with Green Queen, Wild Earth co-founder and alt-protein investor Ryan Bethencourt talks the death threats he's received, his experience with Shark Tank and Mark Cuban, his investment criteria, learning from Tesla,…
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Vyld, the female-founded Berlin startup making sustainable period products from algae, has secured a seven-figure sum in seed funding that includes a financing instrument they created themselves. Three years after launch, Vyld has…
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US plant-based whole-cut meat producer Chunk Foods has raised $7.5M in an additional seed funding round and inked a partnership with plant protein company Better Balance to expand into Latin America. Chunk Foods has added to its seed…
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German biotech startup Infinite Roots has secured $58M in Series B funding, which it claims is the largest investment in mycelium in Europe. Hamburg-based Infinite Roots has closed a $58M Series B financing round, described as Europe's…
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British entrepreneur Heather Mills has secured a rescue deal for her plant-based brand VBites, buying the assets of the business from administrators for £1M and waiving nearly £5M of debt owed to her, a month after first announcing that…
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Fresh from raising €3M, Standing Ovation CEO Romain Chayot speaks to Green Queen about the startup's 2024 plans, its CASPEX project, and France's stance on factory farming. Founded in 2020, Bel Group-backed startup Standing Ovation,…
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In collaboration with other institutions and government bodies, the University of California, Davis is launching an Integrative Center for Alternative Meat and Protein to research and accelerate the commercialisation of alternative…
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