Funding News

By Steven Lam, visiting researcher, University of Guelph; and Gloria Novović, LSE Fellow, University of Guelph Canada’s first National Adaptation Strategy urges Canadians to consider climate change impacts in their everyday…
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California's The Better Meat Co has received $1.5M from the US Department of Defense to scale up its manufacturing capacity via a new mycoprotein facility. US food tech startup The Better Meat Co has won $1.48M in a grant from the…
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Canada's New School Foods has attracted $6M in new capital and opened a commercial-scale manufacturing facility to bring its vegan salmon to market. As it prepares for its commercial launch in the US and Canada, plant-based seafood…
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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 Chile's vegan ads with Joaquin Phoenix, Maison Landemaine's La Vie…
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The UK is opening a £38M National Alternative Protein Innovation Centre to bring new planet-friendly foods to market, with a £15M investment from the government. The University of Leeds is hosting a new hub dedicated to developing and…
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India's Zydus Lifesciences has agreed to take a 50% stake fermented protein manufacturer Sterling Biotech from Perfect Day, with an animal-free dairy facility in the works. Californian precision fermentation startup Perfect Day has…
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New Zealand plant-based meat company Sustainable Foods, which makes the Plan*t line of hemp-based meats, has gone into voluntary administration. Sustainable Foods, the parent company of vegan meat analogue brand Plan*t, has entered…
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Finnish gas protein startup Solar Foods is planning to go public with a technical listing on the Nasdaq First North Growth Market in Helsinki. Solar Foods, which makes Solein protein by feeding microbes on gases, has announced 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 Lurpak's plant-based butter, Cheetos' limited-edition vegan release, and…
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British tofu brand The Tofoo Co has been taken over by private equity firm Comitis Capital after sustained growth in a faltering meat-free market. The Tofoo Co has been acquired by German private equity firm Comitis Capital, which has…
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Precision fermentation startup De Novo Foodlabs has raised $1.5M in funding for its NanoFerrin protein in a seed round led by Joyful Ventures, a VC firm backed by alternative protein leaders. North Carolina-based De Novo Foodlabs, which…
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Catalonia is home to a 'booming' alternative protein industry, says a government report as Spain's autonomous region looks to become a European hub for future food. As Spain's alternative protein sector expands, Catalonia is hoping to…
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Public agencies from India and Australia have opened applications for the Climate Smart Agritech cohort of their joint RISE accelerator programme, offering up to $50,000 for eligible startups. The governments of India and Australia have…
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Driven by the restaurants and corporate catering, foodservice sales of plant-based meat and dairy in the Netherlands grew by 111% and 82%, respectively, in the past two years. In 2023, the number of meat analogues sold in Dutch…
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The European Commission has approved a €700M sustainability scheme by the Dutch government to compensate farmers who voluntarily close livestock sites. A compensation scheme by the Netherlands government that pays farmers to close…
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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 Chloe Coscarelli's comeback to the restaurant world, vegan hits at UK…
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Singapore's Oatside has secured $35M in its ongoing Series B funding round, which could end up potentially netting the oat milk maker $74M. Oatside, the oat milk company that has taken over Asia-Pacific, raised S$47.9M (around $35.3M)…
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One of China's largest plant-based beverage companies, Viee, has received an undisclosed sum in private equity funding from L Catterton. Sichuan Viee Beverage Food Co., which describes itself as the largest plant-based drinks maker in…
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A third of all renewable energy carbon credit projects have failed to meet the 'high-integrity' standards required to use the Core Carbon Principles label. Major worries are emitting from the carbon offsets sector, after an industry…
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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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