2022

By: Lucca Henrion, Joe Árvai, Lauren Lutzke & Volker Sick Would you drink carbonated beverages made with carbon dioxide captured from the smokestack of a factory or power plant? How would you feel if that captured carbon dioxide…
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Israel-based Forsea Foods has closed a $5.2 million Seed funding round led by Target Global with backing from The Kitchen FoodTech Hub, PeakBridge VC, Zora Ventures, FoodHack, and Milk & Honey Ventures. Forsea is growing its…
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Beginning next month, Kraft Heinz will roll out its new vegan cheese and mayonnaise in a test run at 30 Giant Eagle stores across Cleveland. It'll expand the products nationally by the end of next year. But are mainstream cheese consumers…
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The vegan shift is in full swing Down Under as Domino's adds Impossible Beef to 700 menus across Australia and New Zealand. All pizzas on the Domino's Australia menu can now add Impossible Beef, the chain announced last week. It comes…
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Backed by NBA player Ricky Rubio and footballers Sergi Busquets and Sergi Roberto, Barcelona-based Heura says it's gearing up for what will be one of the biggest Series B funding rounds for the vegan meat sector in 2023. Heura is…
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The cellular agriculture industry receives a big boost with The Netherlands' €60 million investment and additional €25 million in financing. The Dutch government's investment is now the largest government grant in the world into the…
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Last year was a banner year for agrifood tech companies across Asia Pacific. And 2022 is following with notable achievements, with more than 360 investment deals in the first half of the year totaling more than $5 billion, according to the…
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For the first time, three leading cultivated food industry associations are hosting a first-of-its-kind meeting this week in Singapore to formalize the launch of a global alliance to advance cultivated foods on the global stage.  The…
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The FDA is issuing new guidelines on food products claiming to be 'healthy.' But new research finds a growing number of food companies are failing to make food healthier, despite pledges to do so. Any food claiming to be healthy on…
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U.K.-based Hoxton Farms says it has closed a $22 million Series A funding round for its novel cultivated animal fat. The funding follows a $3.6 million Seed round last year. The fresh funding round was led by Collaborative Fund and…
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With its world-class innovation centre, a Scale It Up Innovation Challenge, and pioneering protein aeration technology, leading machinery maker Bühler is helping global meat substitute startups supercharge their production and scaling…
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Beanless coffee pods for your Nespresso machine? Northern Wonder is brewing just that: an innovative, alternative coffee product made sans beans to combat deforestation. Coffee Free Coffee? Northern Wonder, a European food…
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With backing led by Hong Kong-based billionaire Li Ka Shing's VC Horizon Ventures, Australian food tech startup, Nourish Ingredients, has raised more than AUD$45 million (USD$28.6 million) in a Series A. The microbial…
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Alternative dairy maker Change Foods has signed an agreement with the KEZAD Group to design the first-of-its-kind commercial manufacturing plant in the UAE, helping to solve one of the industry's biggest pain points: the fermentation…
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The Good Food Institute India, in partnership with the Federation of Indian Chambers of Commerce and Industry, held its first in-person Summit in New Delhi last week since the pandemic, taking a look at the smart protein industry and how…
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Beginning early next year, Swees Plant Based Foods Co., a Thai-based dairy-free cheese startup, will begin production in the country's first vegan cheese factory. Expecting to be fully operational in its new facility by 2023, Swees says…
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Synonym, a financing and development platform for biomanufacturing, has raised a pre-seed round of $6.3 million, led by Andreessen Horowitz, Giant Ventures, Blue Horizon, Siddhi Capital, FJ Labs and Global Founders Capital among others. …
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Cocoa butter made without cacao beans? Seminal Biosciences says it's done it in a strategic collaboration with Nucelis. Like a number of staple foods, cacao, the bean that all chocolate comes from, might not survive climate change. The…
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Leading cultivated meat producer Umami Meats will debut its lab-grown fish cakes and filets, following the debut of its fish ball laksa in August. During Agri-Food Week 2022 held in Singapore later this month, Umami Meats says its…
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In an expected move as sales continue to miss targets, U.S.-based Beyond Meat has announced layoffs affecting 200 employees including their recently suspended COO. The layoffs at Beyond Meat include Deanna Jurgens, chief growth officer…
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Israel-based Grace Breeding says it can improve grain yields by 18 percent and biomass by 16 percent, reducing the need for synthetic fertilizer and the environmental impact of conventional farming methods. If Grace Breeding's Nitrogen…
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