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 US$2.7 billion to over US$4.5 billion by 2025, and with as many as 4 in 10 consumers…
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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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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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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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Canadian investment outfit Eat Beyond has announced its intention to acquire Florida-based Banana Wave, a banana flavored oat milk drink company. The acquisition will enable Banana Wave to expand further and will give Eat Beyond a stronger…
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