Fermentation-Based Alt Protein

South Korea's Mycel is poised for rapid expansion with the closing of its $10 million Pre-Series A funding round. The mycelium wave has been sweeping food and fashion in recent years, and South Korea's Mycel is the latest to tap into…
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In a world's first, biotech company TurtleTree says it has developed bovine lactoferrin—a protein abundant in colostrum—using precision fermentation technology. California- and Singapore-based TurtleTree says it spent 18 months…
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As domestic appetite for dairy products grows, Chinese startup Changing Biotech is making milk proteins using precision fermentation to address this burgeoning demand. Changing Biotech, China's first precision fermentation dairy…
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Myprotein, the world's largest online consumer sports nutrition brand, is bringing Perfect Day's precision fermentation whey into the fold. Whey Forward is the first co-branded product in the MyProtein label using Perfect Day's…
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More than 500 Louisa Coffee shops across Taiwan now offer vegan burgers made with Lypid's proprietary vegan PhytoFat. And after months in stealth mode, Zero Acre Farms brings its cultured oil to market. With a taste and texture that…
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A lot’s been made of Mighty Drinks’ new series of dairy-free milk. Touted as the first in the UK to employ biomass fermentation technology, the brand has doubled down on its promise that the new line tastes just like conventional dairy. As…
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Colorado-based Meati Foods has closed a $150 million Series C funding round. The round, led by Revolution Growth and Chipotle's Cultivate Next Fund, will help the mushroom-focused brand accelerate its production, develop new products, and…
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French cheese giant Bel, known for its global cheese brands Babybel, Laughing Cow, and Boursin, has entered into a partnership with U.S.-based Superbrewed Food in an exclusive arrangement to develop dairy-free cheese made through biomass…
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Food colorant biotech startup Phytolon has closed a $14.5 million Series A funding round, led by DSM Venturing with participation from Cibus Fund, The Trendlines Agrifood Fund, existing investors, and an in-kind investment by way of…
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Swiss multinational plant equipment manufacturer Bühler is going all-in on the sustainable food system, particularly the alternative protein sector. At its recent 2022 Networking Days event in Uzwil, Switzerland, Bühler announced…
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With what it's calling a breakthrough for plant-based meat, food tech startup Paleo is opening up the opportunity for a range of sustainable proteins including an extinct woolly mammoth "paleo protein" via its novel precision fermentation…
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New York fermentation-based breast milk startup Helaina has announced the appointment of three new leadership hires. Expansion of the team follows a successful $20 million Series A raise back in November. A CTO, head of infant formula, and…
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Unilever has formed a strategic partnership with San Diego-based biotech Genomatica (‘Geno’) to pursue a path to commercialisation for the latter’s microbial fermented alternative to unsustainable palm oil. Unilever anticipates other…
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Global confections company Mars has partnered with Perfect Day to launch its first 'earth-positive' animal-free chocolate. Dubbed CO2COA, it uses Perfect Day’s animal-free whey protein to capture the taste and feel of conventional…
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Alternative material innovator and casual wear brand Pangaia Lab has announced the launch of a capsule collection powered by Brewed Protein, a biomaterial made by Spiber. The collection includes the NXT GEN Hoodie, a sweater that contains…
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Two years after California-based Perfect Day became the first company to earn GRAS status for its precision fermentation β-lactoglobulin—the primary protein in whey found in cow and sheep milk—Tel Aviv's Remilk has become the second…
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In a partnership that blends precision fermentation and plant-based ingredients, Strive Nutrition has launched a line of dairy alternatives featuring Perfect Day's animal-free whey. The new line of milk from Kansas-based Strive…
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Chicago’s Hyfé Foods, a developer of mycelium flour, has closed an oversubscribed pre-seed raise, netting $2 million. The round was led by The Engine, a Massachusetts Institute of Technology-offshoot venture firm. Blue Horizon, Caffeinated…
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Auckland-based NewFish has come out of stealth to close a NZ$1.3 million (approx. US$816,000) pre-seed funding round. Outset Ventures led the round with participation from domestic investor Tangaroa Ventures, basketball player Steven Adams…
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According to non-profit think tank the Good Food Institute's State of the Industry 2021 report, over $5 billion was invested into alternative protein startup last year, up from over $3 billion the year before. As huge challenges continue…
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California-based vegan honey maker MeliBio celebrated World Bee Day with Michelin-starred restaurant Eleven Madision Park (EMP) as the two came together in New York City to host an event which included cocktails and a four-course meal.…
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