Funding News

Australian cultivated meat startup Vow has laid off 25 employees as it finalises its latest funding round, citing slower-than-expected regulatory processes. Sydney-based Vow, the only cultivated meat producer globally that has received…
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Singapore-based TurtleTree is operating with a skeleton staff as it hopes to secure further investment for its animal-free lactoferrin ingredient. TurtleTree, the Singaporean precision fermentation specialist working on lactoferrin, has…
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German fermentation specialist Formo has received €35M in venture debt from the EU's lending arm to scale up its dairy and egg alternatives and pursue regulatory approval for its animal-free casein protein. Four months after it raised…
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British fast-food chain Clean Kitchen Club, a formerly vegan business that began serving meat last year, has reportedly ceased operations after closing its last remaining site. Influencer-owned former vegan restaurant chain Clean…
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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 host of launches for Veganuary, several plant-based brand campaigns,…
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Months after adding meat to its menu, California's formerly vegan restaurant Sage Regenerative Kitchen has shuttered its remaining locations. One of California's most prominent vegan eateries, Sage Plant Bistro & Brewery shifted…
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The EU is banking on fermentation to fuel the protein transition through better-tasting, more nutritious vegan cheese and kefir products. With vegan cheese the fastest-growing plant-based category in several European markets, the EU is…
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New York Governor Kathy Hochul has signed the Climate Change Superfund Act to make fossil fuel polluters pay $3B a year for their environmental impacts. With Donald Trump, who loves fossil fuels and denies climate change, taking…
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Frequently named one of London's best vegan restaurants, Earthling Ed-owned Unity Diner is set to close after Veganuary due to rising costs. While Veganuary is usually a celebratory month for plant-based businesses, it spells 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 Octonuts California's new cashew products, Gail's new eco store,…
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The UK government has set up a new £15M fund to save food waste from the farm gate and redistribute it to those experiencing hunger. After six years of campaigning and multiple promises from politicians, the UK has finally established a…
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While investment in alternative protein and future food startups has fallen again this year, there have still been some sizeable VC funding rounds. These are the 10 biggest raises of 2024, featuring mycelium meat, animal-free milk, and…
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Irish startup Nuritas has closed a $42M Series C investment round to scale up its AI-powered discovery platform for plant-based peptides. In its bid to greenify the peptide industry and improve public health, Dublin-based biotech firm…
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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 Impossible Foods's Mufasa Lion King appearance, new Veganuary products,…
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Brits are buying fewer meat alternatives out of a fear of ultra-processing, which has made traditional proteins like tofu and tempeh the darlings of the UK plant-based industry. In March, the UK's biggest supermarket made a prediction…
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Atlantic Natural Foods, the parent company of Loma Linda and Tuno, has terminated an agreement to be acquired by fellow plant protein maker Above Food. Three years after first announcing the deal, Canadian plant-based ingredients…
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Swedish oat milk giant Oatly has announced the closure of its production facility in Singapore, a move that will see a total of 59 workers laid off. In its latest move to streamline operations and reach profitability, Oatly has…
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Switzerland's Yeastup has closed a $9.9M Series A round to turn a dairy factory into one that produces proteins and functional ingredients from spent brewer's yeast. Turning beer industry waste into high-value ingredients, Swiss startup…
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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 two Beyond Meat debuts in the UK, Oatly's Christmas-themed ad campaign,…
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While public climate finance increased between 2017 and 2022, the amount flowing to food and agriculture declined during this time. There's a critical gap between the money the food system needs to safeguard itself from the climate…
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Californian food tech startup One Bio has closed a $27M Series A round to advance its short-chain fibres derived from agricultural waste. Fibre isn't fibre – it's fibres. That's the fundamental finding of One Bio, a…
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