Funding News

The Dutch government's decision against implementing a tax on meat products in 2021 was based on a one-sided, biased report, an investigation has found. A government-commissioned report calling a meat tax in the Netherlands "unfeasible"…
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Californian startup Plonts has emerged from stealth with a $12M funding round, launching its fermented soy milk cheese at restaurants in New York City and San Francisco. Cheese is not a dairy product; it is a microbial product – and…
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Amid a wider decline in plant-based meat sales, Beyond Meat's new pricier lineup has delivered better profit margins in Q2 and an improved sales forecast for the rest of 2024. Despite a ninth consecutive quarter of year-on-year…
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Within the first six months of 2024, European precision and biomass fermentation startups attracted more investment than they did in all of 2023. Between regulatory wins, market breakthroughs, and dominant investment rounds, 2024 has…
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In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers Mr. Charlie's new vegan cheeseburger, Califia Farms' acquisition of…
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Germany's Veganz Group has secured €10M ($10.9M) in financing to scale up production of Mililk, its 2D-printed oat milk, and its plant-based meat analogue Peas on Earth. Veganz Group, a plant-based pioneer from Germany, has brought in…
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Hong Kong épée fencer Vivian Kong Man Wai won gold at the Olympics and took home HK$6M ($770,000), the highest prize money at Paris 2024. A lot has been made about the focus on vegan and vegetarian food at Paris 2024, as the Olympics…
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Personalised nutrition app Zoe has secured $15M in Series B+ funding to expand its operations in the US, where gut microbiome health has blasted into focus with GLP-1 agonist drugs. A pioneer of personalised nutrition, Zoe's Series B…
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Retail sales of plant-based meat products in the US have continued to slow, dropping by 19% from last year – but industry experts have remained positive over this period. Americans spent 18.6% less on chilled plant-based meat in…
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Dutch startup NoPalm Ingredients has raised €5M ($5.4M) in a seed funding round to accelerate production of its sustainable palm oil alternative. The investment round was led by Rubio Impact Ventures, and co-led by Oost NL, Fairtree…
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In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers VFC's ad in response to KFC's new campaign, a new oat milk company, and…
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The Dutch alternative protein ecosystem is faced with a host of challenges, but increased investment and policy support can propel a climate-friendly food system. The Netherlands recently became the first EU country to allow (and host)…
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Swedish mycoprotein startup Mycorena has filed for bankruptcy following fundraising difficulties, but a consortium of its investors is aiming to reinstate the company, says its founder and CEO Ramkumar Nair. On Saturday, Mycorena…
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Finnish startup Onego Bio has received a further €14M in investment to advance production of its precision-fermented egg protein, ahead of US regulatory approval in the coming months. Three months after raising $40M in its Series A…
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In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers Ben & Jerry's non-dairy ice cream tour, a cultivated seafood grant,…
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US alternative protein startup NovoNutrients has raised $18M in a Series A funding round ahead of opening its pilot facility, with a renewed focus on humans and pets. The $18M Series A round was led by Australia's Woodside Energy and…
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Food tech investor Big Idea Ventures has launched a new vegan seafood company that utilises intellectual property from New Wave Foods, which shut down last year. Big Idea Ventures (BIV) has incorporated Bayou Best Foods, a new…
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In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers Aldi's zero-waste pineapples, a Charli XCX-inspired marketing drive, and…
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NatWest has scaled back its dietary recommendations to users of its banking app after months of lobbying pressure from livestock farmers. UK bank NatWest has made changes to the carbon footprint tracker on its app, which previously…
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Indonesian vegan cosmetics label Esqa – a TikTok favourite – has raised $4M in a Series B round led by Unilever. Unilever Ventures, the VC arm of global FMCG giant Unilever, has led the Series B funding round of Esqa, investing a…
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By Dana Nuccitelli When Category 5 Hurricane Otis roared through Acapulco, Mexico, in October 2023, the city was left in ruins.* Winds stripped facades from beachfront buildings and storm surge flooded lobbies. The storm killed at least…
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