Green Finance

The state of Illinois has committed $680M to the iFAB Tech Hub, which works on precision fermentation crops like soy and corn, to advance the region's biomanufacturing capabilities. The Illinois Fermentation and Agriculture…
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Californian plant-based meat producer Umaro Foods has secured $3.8M in a seed funding round to help it reduce production costs and launch its seaweed bacon into retail. The financing round was led by existing investor AgFunder, with…
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Beyond Meat enjoyed a bit of a small rally recently, especially after its latest earnings call. However, there has been a lot of negative discussion about Beyond Meat and its stock price over the past year, which indeed continues to…
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Swiss startup Cultivated Biosciences has secured $5M in seed funding to scale up the development of its yeast-derived fermented cream, in preparation for a 2025 launch in the US. The financing round – which brings total funding to $6.5M…
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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 Craig's Vegan's link-up with TikToker Tinx, a host of alternative…
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In what would be a major step towards the regulatory approval and commercialisation of cultivated meat, the UK is aiming to begin safety testing by this autumn, with the Food Standards Agency hoping to win government funding for the lab…
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Catalan plant-based meat company Heura has announced its year-on-year sales grew by 22% last year, thanks to increased distribution deals across Europe. The business now aims to be profitable by 2025. Weeks after closing a €40M ($43M)…
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Better Bite Ventures has opened up applications for the latest funding round of its First Bite scheme, which offers early-stage investments to food tech startups in the Asia-Pacific region. The new round will focus on crops that most…
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California's Eat Just has reached a significant milestone, with its plant-based Just Egg completing sales equivalent to 500 million chicken eggs. The development comes weeks after the startup, which owns 99% of the vegan egg market,…
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Plant-based giant Beyond Meat witnessed an 18% decrease in annual net revenue in 2023. Despite posting losses in Q4 too, its sales were better than expected, sending the company's shares soaring and signalling a turnaround in fortunes for…
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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 Oato's oat milk launch in retail, Maple Leaf Foods' consolidation, and a…
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From pollution and destruction to disease, the societal costs of livestock meat production are an incredible burden. In 2020, the average American ate almost 280 pounds of meat, a figure which is very likely higher today.  Many…
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Singaporean food tech startup Prefer, which makes beanless coffee from food industry sidestream ingredients, has raised $2M to fund a larger production facility and its Asia expansion. How do you Prefer your coffee? If you ask Jake…
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US mycelium meat maker Meati has appointed a new CEO and cut 13% of its workforce in a right-sizing move aimed at reaching profitability. Meati has switched up its C-suite by making Phil Graves its new CEO. The former Patagonia…
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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 South Korea's vegan tourism drive, a new hybrid cultivated beef rice,…
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Israeli startup Day 8, which produces upcycled plant-based proteins from Rubisco, has secured a pre-seed investment of $750,000 from food tech incubator and investor The Kitchen Hub. Day 8 has closed a $750,000 pre-seed financing round…
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Black-owned plant-based meat company Meat the Mushroom secured investment from two Sharks in the ongoing season on Shark Tank – here's the inside story on how it all went down. "In Shark Tank, we have so many plant-based products – they…
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The oat milk leader posted an 8.5% increase in year-on-year revenue, though annual losses grew by 6.2%, primarily due to abandoning the construction of three production facilities. The company has promised to focus on…
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New Zealand food tech startup Miruku has raised $5M in a pre-Series A financing round to expand its molecular farming platform for dairy proteins and fats, and conduct field trials in Australia. The $5M pre-Series A fundraiser was led…
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South Korean cultivated meat startup Simple Planet has raised ₩8B ($6M) in a pre-Series A funding round to optimise its technology for its powdered ingredient, secure regulatory approval, and expand internationally. Simple Planet's ₩8M…
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San Francisco-based New Wave Foods and Germany's Ordinary Seafood have become the latest casualties in the alternative protein sector, spotlighting the troubles experienced by the vegan seafood category in recent times. In a short space…
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