Funding News

Dutch startup Time-Travelling Milkman, which uses sunflower seeds to replace dairy fats, has raised €2M ($2.3M) to support the launch of next-gen cream cheeses and desserts. Continuing what has been a bumper week for sustainable fat…
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Singaporean sustainable fats startup Terra Oleo has emerged from stealth with a $3.1M funding round and selection in Breakthrough Energy's 2025 Fellows cohort. Turning agro-industrial waste into sustainable alternatives to palm oil and…
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Danish startup Summ Ingredients (formerly Nutrumami) has secured €1.7M ($2M) in funding to bring its multifunctional fermented protein FermiPro to market. Having spent years in the fine-dining space as a culinary director and…
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UK startup Xampla has secured $14M in Series A funding to scale up its plant-based alternative to single-use plastic packaging. Xampla, a British startup known for its bio-based, plant-derived materials for sustainable packaging, has…
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Protein Industries Canada has contributed to a C$32.5M ($24M) project where two local startups will create future-friendly proteins from fava beans and mycelium. The Canadian government is deepening its bet on alternative proteins, with…
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Food tech startup ORF Genetics has raised €5M ($5.8M) in a new funding round to scale up production of specialised proteins key to cultivated meat. Icelandic firm ORF Genetics has secured €5M ($5.8M) in funding to advance and scale up…
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The previous 12 months have seen a sharp increase in the number of alternative protein businesses that have ceased trading, come close to the brink, or been acquired. Here are all the major deals, starting September 2024. The…
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Singapore's Greenitio has closed a $1.5 million seed funding round to turn mushroom-based chitosan into functional biopolymers for cosmetics and specialty chemicals. A biotech startup from Singapore has attracted $1.5M from investors to…
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Finnish Food Factory, a contract manufacturer of plant-based dairy products, has secured €10M ($11.8M) in scale-up funding from Taaleri Bioindustry. To support the expansion of Finland's plant-based dairy industry, Finnish Food Factory…
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Just $1 can help avert a decade of animal suffering in factory farms. One podcast episode helped raise over $2M for some of the world's leading non-profits advocating for better diets. Most of the world's meat and seafood comes from…
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Californian food tech startup The Better Meat Co has raised $31M in Series A funding to reach commercial production of its mycoprotein ingredient. With a view to beating the price of commodity beef by next year, US mycoprotein maker The…
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Singapore startup Prefer has raised $4.2M in funding to expand its bean-free coffee and cocoa globally, and announced partnerships with Ajinomoto and The Coffee Ferm. Taking its upcycled, fermentation-derived alternatives to coffee and…
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Californian biotech startup Geltor has secured fresh funding to expand its biodesigned polypeptides, including precision-fermented collagen, to new markets. US precision fermentation firm Geltor has closed a new equity financing round…
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As it aims to displace chicken, UK tempeh brand Better Nature has secured £1.1M ($1.5M) on the back of its best quarter to date. In the era of whole-food plant-based eating and fibremaxxing with 30 plants a week, British tempeh maker…
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The French government has invested in 10 projects to expand domestic plant protein production, in direct contrast with its efforts to ban plant-based meat labels and soy products in schools. Are plant proteins finally getting a break in…
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Czech startup Mewery has secured €2.9M ($3.3M) in public grants to expand the production of its cultivated pork and launch pilot projects with meat producers. While private investment in cultivated meat is in freefall, public support…
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Investment in plant-based, fermentation-derived and cultivated proteins declined by half in the first six months of 2025, outlining continued headwinds for the sector. Alternative proteins haven't had the same pull with investors as…
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Canadian biotech firm Mara Renewables has raised $9.1M in funding to expand the production of its algae-based omega-3 DHA. Nova Scotia-based Mara Renewables has piqued investors' interest to the tune of $9.1M for its fish-free omega-3…
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On a mission to make healthy ultra-processed foods, UK startup Modern Baker has secured £2.5M ($3.4M) in a Series A funding round. While the furore around ultra-processed foods (UPFs) remains at fever pitch, one British startup is…
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Estonian startup Äio has secured €1M ($1.1M) in a government grant to speed up the development of its yeast-derived sustainable fat alternative, specifically for use in cosmetics. With the EU set to ban the import of products featuring…
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Our weekly column rounds up the latest sustainable food innovation news. This week, Future Food Quick Bites covers a new GLP-1 alternative drink, Canada's pea protein bet, and the European Space Agency's cultivated meat project. New…
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