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Future Foods
Shanghai Startup YouKuai Closes US$7.3M Series A To Expand Zrou Plant-Based Pork Brand
YouKuai Group International, the Chinese plant-based company behind the pork analogue Zrou, has announced today the close of a US$7.3 million Series A funding round led by Singaporean investment firm TRIREC. Proceeds from the fundraise!-->…
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Benson Hill To Go Public In US$1.35B SPAC Merger As It Looks To Grow Plant-Based Meat Segment
AI-powered plant tech firm Benson Hill is planning to go public via a merger deal with Star Peak Corp II, a blank-check company backed by Magnetar Capital. The deal is slated to give the company a valuation of around US$1.35 billion, with!-->…
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Bluu Biosciences Secures Funds From Delivery Hero’s VC To Accelerate Cell-Based Fish In Europe
Berlin-based Bluu Biosciences has secured investment from DX Ventures, the venture capital arm of European online food delivery giant Delivery Hero. The capital raised is part of Bluu’s seed funding round, and will go towards accelerating!-->…
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Cell-Cultured Meat Pioneer Memphis Meats Is Now UPSIDE Foods, First Chicken Product To Launch This Year Pending Reg. Approval
Following news of their historic US$161 million Series B funding round, the food tech startup formerly known as Memphis Meats is making headlines today by officially announcing that chicken will be their first cell-cultured meat!-->…
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OTLY: Oatly Releases IPO Terms & Sets Sights On US$10.1 Billion Valuation
Oatly has set its terms for its IPO on the Nasdaq stock exchange, aiming for a valuation of around US$10.1 billion with the offering price expected to be between US$15 to US$17 per share. The Swedish oat milk maker first made official its!-->…
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Q&A w/ CellAgri Founder Ahmed Khan: Can Cell-Based Meat Be Halal?
Cellular agriculture consultant Ahmed Khan is the founder of CellAgri, a news and market insights company exploring the space and tracking trends and startups. Ahmed is also the author of the first cellular agriculture!-->…
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Global Accelerator-VC Rockstart Closes Its AgriFood Fund At €22M To Power A Regenerative & Sustainable Future
In a recent announcement, global accelerator-VC Rockstart closed its AgriFood fund at €22m (approx. US$26M), exceeding its initial target, and this will help the firm to invest in more agritech and foodtech startups as well as co-invest in!-->…
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Israeli Food Tech SavorEat Launches Subsidiary Plant-Based Egg Startup
Israeli food tech SavorEat has established a new subsidiary venture focused on developing plant-based egg alternatives. Operating independently from the company, the new Egg’n’up venture is being built with support from Millennium!-->…
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Mycorena To Build Large-Scale Factory To Supply ‘Several Thousand Tons’ Of Fungi Protein
Swedish food tech Mycorena is going to establish a large-scale production facility for its fungi-based protein. The factory, which will be built as a joint venture with property management firm Falkenbergsgruppen, claims to be “one of its!-->…
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Plant-Based Kids: Impossible Foods Secures USDA Child Nutrition Label For K-12 Market Entry
Impossible Foods has announced that it has secured Child Nutrition Labels (CN Labels) from the U.S. Department of Agriculture (USDA), the food crediting statements providing federal meal guidance to schools across the country. The addition!-->…
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Solar Biotech Raises US$2M Seed Funding To Help Startups Scale Fermentation Solutions
Solar Biotech, a company based in Raleigh, North Carolina, has raised US$2 million in seed funding for its scale up platform for fermentation players. The startup’s renewable energy powered flagship solution, BioNodes, helps clients reduce!-->…
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IKEA Debuts Food Innovation Program For Startups To Meet 50% Plant-Based Meal Target
Back in November of last year, home furnishing giant IKEA pledged to make at least 50% of its main menu offerings across its restaurant section plant-based by 2025. Now, IKEA Material Innovation & Development Leader Puneet Trehan aims!-->…
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Whole Food Plant-Based Jackfruit Startup Karana Launches Its Alt Meat Across Restaurants In Hong Kong
Following the launch of food tech Karana's whole food plant-based pork alternative created out of young jackfruit across six restaurants in Singapore, the startup has now partnered with restaurants in Hong Kong and a delivery brand to!-->…
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AAK X Vista Foods: Industry Leaders To Scale Plant-Based Meat Production For Indian Market
AAK, India’s leading manufacturer of specialty oils and fats recently joined forces with food suppliers Vista Processed Foods to collectively use both of its resources to scale up innovation and manufacturing in the alternative protein!-->…
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Nestlé Launches ‘Wunda’ Pea-Based Milk To Join Plant-Based Dairy Race
Swiss food conglomerate Nestlé has launched a new pea-based milk, as the plant-based dairy alternative scene continues to heat up. The new brand, Wunda, is set to launch in several European countries before rolling out across the!-->…
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Meet These 7 Agri-Food Tech Startups Of GROW’s New Female-Led Cohort
GROW, the AgFunder-backed food and agri-tech focused accelerator, has just welcomed its new cohort of startups set to join its program in Singapore. These startups have been selected for their food chain resilience and sustainability!-->…
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Sofit Plus: Hershey India Debuts Plant-Protein Drink For Undernourished Children
Hershey India, a subsidiary of leading global chocolate giant the Hershey Company, announced recently that it has developed Sofit Plus, a plant protein drink made from soy that was created to meet the nutritional requirements of!-->…
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Venus Williams Joins Canadian Vegan Platform PlantX As Investor & Ambassador
Tennis champion and entrepreneur Venus Williams has joined plant-based e-commerce platform PlantX as an investor and ambassador in an effort to help the company raise awareness about the benefits of plant-based foods and encourage!-->…
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Singapore Manufacturer OsomeFood Says It Has Created The World’s First Plant-Based Hard-Boiled Egg
Food manufacturer OsomeFood has debuted what it claims to be the world’s first nutrition-focused and plant-based hard-boiled egg, in an effort to provide consumers superfoods without the need of harming animals or compromising on health!-->…
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Big Idea Ventures Raises US$50M In Bühler & Tyson-Backed Alternative Protein Fund
New York and Singapore-based accelerator and venture capital firm Big Idea Ventures (BIV) has raised US$50 million in its final close of its debut fund dedicated to alternative protein innovators. The New Protein Fund I, which was!-->…
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Yeyo: Marvelous Foods Unveils China’s First Plant-Based Coconut Yogurt Store On Tmall
Following their successful seed round led by from U.S.- Asian early-stage capital fund Lever VC, alt dairy company Marvelous Foods has debuted its product at commercial scale, unveiling mainland China's first plant-based coconut yogurt!-->…
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