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The ProVeg Incubator has announced its new batch of startups joining its accelerator programme as the fifth cohort, made up of six food techs working on sustainable solutions ranging from algae-based dairy to vegan chocolate. With 10 of the 17 entrepreneurs in the group representing women, it marks the first time ProVeg has welcomed a female-majority cohort. In addition, two of the six companies selected hail from Asia, testament to the rapidly growing plant-based innovation underway in the region. Without further ado, below we take a look at the ProVeg Incubator’s latest group of plant-based startups and the sustainable food solutions they are bringing to the table.
1. Haofood (China)
Founding date: 2020
Founders: Astrid Prajogo, Professor Shaowei Liu, Jenny Zhu & Kasih Chen
Headquarters: Shanghai, China
Haofood is among the world’s first startups to develop plant-based chicken and other meat alternatives with peanut protein as its primary ingredient. It’s first product is a fried plant-based chicken, developed specifically for familiar Asian dishes, such as Chinese street food style fried chicken, chicken katsu and ayam geprek, a specialty in Indonesia. Their ultimate goal? To help flexitarians reduce their meat consumption without sacrificing on the foods they love.
2. Pow! Foods (Chile)
Founding date: 2019
Founders: Amy Leon & Diego Espinoza Gallardo
Headquarters: Santiago, Chile
Using their proprietary biotech process that helps replicate the flavour and texture of real meat without the need for any animals or additives, Pow! Foods is a plant-based food tech that has developed vegan chorizo. Their unique process also means that their product contains more protein and less fat than their animal-based counterparts, making it not only an ethical and environmentally-friendly choice, but a healthier one too.
3. The Fast Good Company (The Netherlands)
Founding date: 2019
Founders: Dylan Duinmaijer & Stephanie de Jong
Headquarters: Eindhoven, the Netherlands
Eindhoven-based startup The Fast Good Company is focusing on making convenient, 100% plant-based ready meals. It’s product line includes three frozen healthy dishes that are vegan, free from added sugar and preservatives: lasagna bolognese, sweet potato pie and tikka masala. The ingredients used are mainly whole plant foods, such as cauliflower, chickpeas, green peas and jackfruit.
4. Update Foods (France)
Founding date: 2020
Founders: Clémence Landeau, Céline Bouvier, Gaëtan Gohin & Franck Manifacier
Headquarters: France
Update Foods is a French food tech developing animal-free milk and other plant-based dairy alternative products using algae as its key ingredient. Their core mission is to create an “updated milk” that is affordable and nutritious, leaves no harm to animals or the environment, yet tastes just as good as the real deal.
5. Fellow Creatures (U.K.)
Founding date: 2019
Founders: Zsolt Stefkovics & Fraser Doherty
Headquarters: Edinburgh, Scotland, U.K.
Fellow Creatures is a plant-based chocolate company on a mission to make vegan sweets mainstream. They currently offer a range of 100% vegan, organic, refined sugar-free chocolates made with creamed coconut, coming in five flavours: creamy hazelnut, raspberry white, salted caramel, matcha white, and classic.
6. Naka Foods (India)
Founding date: 2016
Founders: Kushal Aradhya
Headquarters: Mysuru, Karnataka, India
Naka Foods is the plant-based startup behind the 4pmbar, a plant-based chocolate nutrition bar made using algae-derived spirulina and probiotics. But now, the food tech is venturing into plant-based meat, developing a chicken alternative tailored for Indian and Asian dishes, containing microalgae and other plant superfood ingredients.
Lead image courtesy of Pow! Foods.