Fermentation-Based Alt Protein

California-based food tech MeliBio has announced a US$850,000 pre-seed round for its fermentation-based technology enabling the production of real honey without bees. The funding comes ahead of its soft launch slated for the end of this…
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Canberra-based Nourish Ingredients has closed a US$11 million financing round co-led by Hong Kong billionaire Li Ka-shing’s Horizons Ventures and Main Sequence Ventures, the manager of the Australian government’s CSIRO Innovation Fund.…
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Globally, US$3.1 billion was invested into alternative proteins in what was a record year for the industry in 2020, marking a tripling of the figure in 2019. The data, published by the Good Food Institute (GFI), also showed the enormous…
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Hong Kong-headquartered food corporation Lee Kum Kee has announced that its Guangdong-based production site has received the LEED Platinum certification, making it the first in the global fermented food industry to have earned the…
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Clara Foods, the San Francisco food tech developing animal-free proteins and chickenless eggs, has announced the launch of the world’s first 100% pig-free pepsin, an enzyme ingredient widely used in food and pharmaceutical products. It…
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A spin-out venture from the Technical University of Denmark is set on disrupting food colourants, a US$2 billion global industry still reliant on animal-derived ingredients. Using fermentation technology, Chromologics is developing a…
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Sweden-based brand Nick's, parent company, LUB Foods recently secured US$30M in funding that will execute its plans for international expansion of its sugar-free ice cream products, mainly in the U.S. and Germany, along with building a…
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Newly launched alt dairy ice cream brand, Brave Robot has expanded rapidly across the U.S and under just seven months, is now available in 5,000 stores. California-based fermentation dairy food tech Perfect Day-backed Urgent Company…
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Biodesign startup Geltor has announced three new senior executive hires to its leadership team, as the firm gears up to launch its animal-free collagen in mid-2021. The company says that its expanded team will help drive product innovation…
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Partnering up with U.S. fermentation dairy food tech Perfect Day, Hong Kong’s Igloo Dessert Bar has launched Asia’s first-ever animal-free ice cream made with real dairy proteins, but without any cows. Forged alongside Li Ka-shing’s tech…
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Clara Foods, the food tech that makes eggs without chickens, has recently received a US$8 million venture loan facility. The San Francisco startup says that the funds will be used to build its animal-free sustainable protein platform…
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2020 was a challenging and unexpected year, and most of the world was brought to its knees by the Covid-19 pandemic. It's been almost 12 months of bad, sad news and traumatic moments. But for the alt protein industry, 2020 has been an…
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California-based alternative dairy startup Perfect Day will soon open its Singapore-based R&D centre this year, in partnership with the government-run Agency for Science, Technology and Research (A*STAR). Called the A*Star-Perfect Day…
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There’s no doubt that it’s been a record-breaking year for the alternative protein industry, from the world’s first regulatory approval for cell-based meat to enormous rounds of funding despite the economic downturn amidst the pandemic. To…
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Better Dairy, a London-based startup using fermentation technology to produce molecularly identical dairy proteins, has raised £1.6 million (US$2.17 million) in funding. The firm says that the capital will be used to fuel its research and…
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Remilk, an Israeli startup that produces animal-free dairy products using fermentation technology, has bagged US$11.3 million in a Series A funding round to accelerate its production and distribution plans. The Tel Aviv-based company says…
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Nature’s Fynd, the Chicago-based food tech that has won the backing of big names like Bill Gates and Jack Ma, has announced that it has raised US$45 million and added a number of food industry veterans to its team as part of its…
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Formerly Senior Brand Manager for plant-based brands at Danone and the the force behind major recent launches at Silk and So Delicious, Irina Gerry has recently joined the management team at U.S.-Australian food tech Change Foods, which…
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Finnish food tech Solar Foods has been granted €4.3 million (US$5.21 million) in financing from Business Finland, a government organisation supporting innovation funding and investment. The financing will support the startup’s development…
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Change Foods is on a mission to create the dairy products that consumers love, but without the environmental, ethical and health issues associated with traditional dairy production. Unlike many non-dairy alternatives made from plants,…
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Meati Foods, a Colorado-based food tech, has secured US$28 million in its Series A funding round. It follows its earlier secret restaurant trial of its plant-based steaks made from fungi and announcement that it will soon roll out its…
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