alternative dairy

The dairy-free cheese alternative market is huge and it’s growing fast. Analysts expect the global plant-based cheese segment to double from its current $2.7 billion to more than $4.5 billion by 2025. With as many as 4 in 10 consumers…
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IKEA, the Swedish furniture giant, says it will eliminate dairy products from its cafe menus by 2030 as part of the company’s sustainability goals, which include becoming climate positive by 2030. According to IKEA, it serves more than…
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There's no disputing the industrial dairy complex is problematic, particularly when it comes to fighting the climate crisis. Dairy farms across the world are a major contributor to the total greenhouse gas emissions over the life cycle of…
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Founded in 2021, Brown Foods claims to have developed “real” whole milk in a laboratory setting. The breakthrough took less than three months for the Boston and India-based startup, which just closed a $2.36 million seed round.…
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South Korea’s Armored Fresh, formerly known as Yangyoo, has confirmed a successful pre-Series B raise totalling $23 million. The round was led by previous investor the Korea Development Bank with supporting participation from Hanwha…
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AAK Foodservice has taken over ForA:Butter, a brand developed by New York-based startup Fora Foods. The flagship product is butter made using aquafaba, which delivers performance that professional bakers look for in their ingredients. The…
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Bengaluru-based Alt Co. has confirmed a $1 million raise led by undisclosed major investors from Singapore, the Middle East and India. The plant-based brand intends to use the cash injection to increase its size, reach and product…
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Alternative dairy startup Bon Vivant has announced a strategic partnership with fellow French operation Abolis Biotechnologies. The latter is a European leader in industrial biotechnology. The two will co-develop production methods for the…
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La Fauxmagerie, Britain’s first vegan cheesemonger has announced it has developed a range for supermarket distribution. The range represents a step back from the more artisanal recipes that the London-based cheese startup offers. Waitrose…
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Australian food tech startup Eden Brew has secured $5 million as part of a continuing funding raise. The investment was made by its existing backer Main Sequence, with Mars’ Digitalis Ventures participating for the first time. The cash…
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The Wall Street Journal reports that Jean-Christophe Flatin, a soon-to-be-former Mars executive, is being considered the top candidate to replace Oatly’s outgoing CEO Toni Petersson. Flatin is joining Oatly on June 1 as global president…
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The Australian Commonwealth Government has named Change Foods as a key partner in a new AUD$164 million Trailblazer Universities Food and Beverage Accelerator led by the University of Queensland and Queensland University of Technology…
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Tel Aviv-based precision fermentation startup Imagindairy has confirmed a $15 million seed extension round following its November 2021’s $13 million raise. Funding will be used for accelerated R&D efforts alongside new personnel hires.…
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Dutch bean-based plant-based cheese startup Willicroft has closed its pre-seed funding round, securing €2 million. The round was led by PINC and Rockstart with Döhler and Feast Ventures participating. Funding has been raised to support…
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US-Australian food tech Change Foods has secured a $1 million grant from the Australian Commonwealth Government to create a platform for upcycling sugarcane fibre waste that will be processed to offer a low-cost and accessible feedstock…
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Vienna’s Fermify, which has created a digital platform that can produce casein proteins via precision fermentation, has concluded a pre-seed undisclosed funding round led by Übermorgen Ventures and Backbone Ventures, with participation…
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Hot on the heels of a $120 million Series B raise in January, Israel’s Remilk has announced ambitious construction plan: the precision fermentation dairy startup will create a full-scale factory on a recently acquired 750,000 square foot…
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California’s Perfect Day has been confirmed as the winning bidder in an auction for Mumbai-based Sterling Biotech. The reported final figure was Rs 638 crore, with the reserve set as Rs 548.46 crore. Sterling entered into the liquidation…
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Lyon-based Bon Vivant has announced its intention to bring cow-free dairy protein to the European market. The precision fermentation biotech has recently scooped €4 million to progress its R&D. Alliance for Impact, High Flyers Capital,…
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The vegan news never stops! Each week, the Green Queen team dives into the latest developments for plant-based foods around the world so you can catch up on what’s happening across the industry. This week, Latin food gets a…
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As investors pour money into animal-free dairy, Israeli food tech startup Remilk has announced completion of its latest fundraising effort, a Series B round that saw $120 million raised. Hanaco Ventures led the round with Rage Capital, CPT…
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