Funding News

Israel is becoming a major hotspot for alternative proteins, accounting for 10% of the sector's investments last year, and expected to net $2.5B to the national economy by 2030, according to a new report. A robust research landscape,…
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British fossil fuel producer Shell's flagship carbon facility – built on taxpayer money – has sold over $200M worth of emissions credits for reductions that never happened. Shell, one of the world's largest oil and gas companies, has…
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German biotech startup Insempra has closed a $20M Series A funding round to expand the production of its yeast-fermented lipids for food and cosmetics. Led by EQT Ventures, the Series A round builds on Insempra's 2021 seed funding to…
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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 a vegan salad partnership, a plant-based cheese rebrand and EU funding…
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After a mixed start to the year, with both revenues and sales declining in Q1, Beyond Meat remains optimistic about the rest of 2024, pointing to the rollout of its healthier and costlier plant-based beef. As the fourth iterations of…
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Ethical pantry company Voyage Foods, famous for its cocoa-free chocolate and nut-free spreads, has secured $52M in a Series A+ funding round, weeks after signing a commercial deal with Cargill. Voyage Foods, which says it makes the…
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Meatless brand Tattooed Chef is back on retail shelves in the US under its new parent company Planted Ventures, 10 months after filing for bankruptcy. Nearly a year after its collapse, Californian meat-free producer Tattooed Chef has…
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Colorado-based food tech startup Meati has closed a $100M Series C1 funding round, the largest investment in an alternative protein company since 2022. Mycelium meat innovator Meati has secured $100M in Series C1 funding, taking its…
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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 Mission Barns' newest cultivated meat, Waitrose's whole-food plant-based…
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The World Bank has asked countries to redirect their subsidies away from livestock farming and towards low-emission products, encouraging greater adoption of alternative proteins for a more secure planetary future. In a landmark report…
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Chinese plant protein company Baichuan Bio Tech is preparing for an IPO, having registered for consultation with the Zhejiang Securities Regulatory Bureau. Baichuan Bio Tech, a plant-based manufacturer specialising in soy fibre protein,…
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Despite a downturn in investment and economic contribution, sales of plant-based meat in Australia have grown from pre-pandemic levels, with a greater number of brands and a smaller price gap with conventional proteins. Food Frontier CEO…
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British cultivated meat company Meatly has created a first-of-its-kind protein-free culture medium that can significantly reduce the cost of manufacturing these proteins. Ahead of its impending regulatory approval in the UK, Meatly has…
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New Zealand startup Jooules has raised NZ$1M (about $600,000) in funding to advance its gaseous fermentation technology, which converts carbon emissions streams into protein for food ingredients. Wellington-based Jooules secured the…
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UK plant-based meat challenger brand THIS is launching the country's first nationally distributed vegan chicken thighs, starting with Tesco next week. THIS, the cult-favourite plant-based meat brand, is rolling out a first-to-market…
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After taking measures to turn its losses around, Oatly's quarterly losses have narrowed by 39% from the previous year, and revenue swelled by 1.8% in a performance exceeding analysts' expectations. A strategic reset in China, expanded…
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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 Vow's Tippling Club collab, US bans on cultivated meat, and a climate…
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Impossible Foods is considering a "liquidity event" that could see the plant-based meat giant raise more capital, go public or even be sold to another company in the next few years. As plant-based meat fights back after a difficult…
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Amid investor pressure, sales declines and negative media coverage, the alternative protein sector is navigating a "correction phase", but there is cause for optimism, according to ProVeg International. We've all seen the headlines.…
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The Bezos Earth Fund has announced an AI for Climate and Nature Grand Challenge, promising up to $100M in grants for solutions leveraging artificial intelligence – and alternative proteins are one of its key focus areas. In what is…
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Australian food tech company Eighth Day Foods is in the process of finding buyers for its fermentation technology and the business itself, with the aim to focus on scaling up as part of a mature multinational company. Eighth Day Foods,…
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