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Green Finance
Duckweed Protein Pioneer Plantible Foods Grows Budget with $30M Investment
California's Plantible Foods has closed a $30M Series B round to expand production of its duckweed-derived Rubi Protein.
Among the constantly evolving search for nutritionally sound, climate-friendly, palate-appealing foods, a wave of!-->!-->!-->…
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Shiru Raises $16M to Expand AI Protein Discovery Platform Across Industries
Artificial intelligence startup Shiru has closed a $16M Series B round to broaden its ingredient portfolio and expand its protein discovery marketplace.
Months after launching an AI-powered protein discovery platform for companies,!-->!-->!-->…
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Future Food Quick Bites: Vegan Tiramisu, Dave Chang & A Political Breakfast
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 tiramisu collection in Hong Kong, Dave Chang's cultivated meat!-->…
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Banks Are Retreating from ESG, But They Play A Key Role in Bridging the Nature Finance Gap
As banks and investment funds move away from ESG policies, JP Morgan Chase's biodiversity head says funding nature-based solutions is key.
It has been over six months since America's four biggest banks left a framework that assessed the!-->!-->!-->…
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Price Hikes Work as Beyond Meat Returns to Revenue Growth for the First Time Since 2022
Beyond Meat posted revenue growth for the first time in two years in Q3, buoyed by higher prices and a strong performance in Germany. It also teased its new mycelium steak.
After losing year-on-year revenue for nine quarters in a row,!-->!-->!-->…
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Billionaires Are the ‘Ultimate Beneficiaries’ of the EU’s Planet-Harming Farm Subsidies, Research Finds
Some of Europe's richest are the "ultimate beneficiaries" linked to €3.3B of the EU's farm subsidies, a new investigation shows.
What do the inventor of the Dyson vacuum cleaner, the owner of the Wolverhampton Wanderers, a former prime!-->!-->!-->…
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Future Food Quick Bites: Lighter Oatly, Vegan Shortening & Plant-Forward National Trust
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 Oatly's new barista milk for light-roasted coffee, European!-->…
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World Bank, UN Climate Fund Among Public Banks That Invested $3.3B in Factory Farming in 2023
Over a dozen development banks including the World Bank and the UN Green Climate Fund poured billions into animal agriculture last year, going against their own recommendations.
The UN's Green Climate Fund (GCF), the World Bank Group,!-->!-->!-->…
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Six Future Food Companies Gain Backing from EU Food Accelerator
At EIT Food's new flagship event, Next Bite, six startups working in the future food space gained funding to test their technologies and accelerate their path to market.
From cultivated meat and mycelium protein to cell-based chocolate,!-->!-->!-->…
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Oddlygood Snaps Up Alt-Milk Maker to Put Plant-Based Portfolio in Rude Health
Finnish vegan company Oddlygood, a spin-off of dairy giant Valio, has acquired British plant-based milk brand Rude Health.
One of the UK's most well-known brands in the vegan space, Rude Health, has been bought by Oddlygood, the Finnish!-->!-->!-->…
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Future Food Quick Bites: Yelp’s Best Vegan Restaurants, Alt-Milk Launches & Fermentation Wins
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 Beyond Meat's European exploits, a big week for plant-based milk in the!-->…
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Love Island Host Maya Jama Joins Swedish Pea Milk Brand Sproud as Investor
British TV presenter Maya Jama has become an investor and co-owner of Swedish pea milk innovator Sproud to drive its global expansion.
Maya Jama, host of ITV's ultra-popular show Love Island, has invested in Sproud, the Malmö-based!-->!-->!-->…
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Mr Charlie’s: Mike Tyson, Ric Flair Invest in ‘Vegan McDonald’s’ to Fuel Expansion
Los Angeles-based vegan fast food chain Mr Charlie's has secured an investment from Carma HoldCo, parent company of sports legends Mike Tyson and Ric Flair's brands.
Mr Charlie's Told Me So, home of the McDonald's-spoofing vegan Frowny!-->!-->!-->…
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In Europe, Sales of Plant-Based Meat & Dairy Grew by 6% – But Price Parity Holds the Key
Despite the industry's headwinds, retail sales of plant-based food in six major European markets increased by 5.5%, and lower prices can help bring a windfall for companies in this space.
There have been a few too many doomsday-like!-->!-->!-->…
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Health is ‘Main Reason’ Americans Eat Plant-Based Meat Now – Cheaper, Tastier Products Are Key for Growth
Americans are attracted to meat analogues mainly for their health benefits, but to overcome the sales slump, plant-based companies must offer better-tasting and cheaper products.
The health halo created by meat producers is fluttering.!-->!-->!-->…
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Future Food Quick Bites: Vegan Holiday Meals, Cultivated Leather & Cheap Alt-Milk
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 new oat milk dessert brand, Next Level Burger's holiday feast, and!-->…
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As Losses Swell, Quorn Shakes Up C-Suite with Ex-Heineken Exec As New CEO
David Flochel, former managing director of Heineken UK, will take over as CEO of Quorn Foods following a period of continued sales pressures on the business.
The UK's largest meat-free business is hoping to turn the page on a tumultuous!-->!-->!-->…
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US Govt Loans $25M for Voyage Foods to Build Large Cocoa-Free Chocolate Factory
US food tech startup Voyage Foods is set to open a large-scale manufacturing facility for its ethical pantry staples, aided by a $25M loan from the government.
Recognising the vulnerability of the global cocoa supply, the US Department!-->!-->!-->…
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MicroLub, A Startup Replacing Fat With Water, Beefs Up Budget with $4.5M Round
UK deep tech startup MicroLub has closed a £3.5M ($4.5M) funding round to replace fats and oils with its plant-based microgels.
Oil and water may not go together, but who says they have to?
For one British startup, water can!-->!-->!-->!-->!-->…
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German Ministry Grants €2.6M to Project Upcycling Dairy Waste Into Mycelium Protein
Infinite Roots and the Hamburg University of Technology have received a €2.6M grant from the German government to develop tech that transforms whey into a feedstock to grow mycelium.
As mycelium protein mushrooms in popularity, the!-->!-->!-->…
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Aussie Plant Based Co Acquired By Smart Foods A Week After Liquidation
The Aussie Plant Based Co has been acquired by Queensland-based Smart Foods, eight days after entering liquidation due to cashflow problems.
It was only three weeks ago that Queensland-based vEEF introduced a new lineup of!-->!-->!-->…
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