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FoodTech Fund Raise Milk

Imagindairy Closes its Seed Round, Reaching a Total of USD28M in Investment

FoodTech startup Imagindairy, Ltd., developer of animal-free milk proteins, secured an additional USD15M in its extended seed-round. The initial round in November 2021 brought in USD13M. This brings the total investment capital to USD28M, making it one of the highest-earning seed rounds in the alternative protein space. The funding was led by Target Global and […]

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AgTech FoodTech Meat Sustainability

BioBetter Breaks Bottleneck in Cultivated Meat with Tobacco Plants

FoodTech start-up, BioBetter, Ltd., has assigned a new role for the much-maligned Nicotiana tabacum plant upon discovering it can overcome the greatest hurdle in cultured meat—that of scaled production. Working behind the scenes of the emerging cultured meat industry, BioBetter is repurposing tobacco plants to create the growth factors necessary for the cellular development of […]

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FoodTech Natural Ingredients Sustainability

Phytolon and Ginkgo Bioworks Collaborate to Take Biological Production of Vibrant Food Colors to the Next Level

Phytolon, a growing startup company making natural food colorants, announced a partnership with Ginkgo Bioworks (NYSE: DNA), the leading horizontal platform for cell programming, to produce vibrant cultured food colors via fermentation of yeast. Under this partnership, Phytolon is leveraging Ginkgo’s ability to engineer biology at scale to work together on the production of vibrant […]

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FoodTech Fund Raise Milk

Imagindairy Closes USD13M Seed Round to Advance Animal-Free Dairy

Tel Aviv, Israel – Imagindairy, Ltd., a FoodTech company creating milk proteins identical to those from cows, announces completion of a $13M seed round. The funding was led by MoreVC, a leading seed stage investor in Israel managing $275M across three funds. Also joining this round: Strauss Group, Entrée Capital, S2G Ventures; Collaborative Fund, New […]

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Agriculture Events FoodTech Sustainability

Registration open until November 1st for Cultivate Tomorrow, the first US hackathon focused solely on cellular agriculture and cell cultured food

Students from MIT, UC Davis, Northwestern, OSU, UC Berkeley, Harvard, and numerous other academic institutions have launched Cultivate Tomorrow, a cellular and acellular agriculture hackathon to connect academia and industry. Marilyn McNamara, Director of Business and Product Development at Matrix Meats, believes that “The obstacles in our way are huge, and require a consistent influx of bright, […]

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AgTech Biostimulant BioTech Climate Change

Turning planet-warming methane into food-growing biostimulants

Indian biotech company String Bio has announced a viable new technology that can turn the greenhouse gas methane into a valuable crop input. Reduction of atmospheric methane – eighty times more potenti as a greenhouse gas than carbon dioxide – presents the biggest opportunity to slow the pace of global warming, according to climate scientists. […]

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FoodTech Meat Nutrition Protein

Aleph Farms Completes $105 Million Series B Funding Round

Leader in sustainable, cultivated meat will use funds to scale-up manufacturing and grow operations internationally ahead of initial market launch in 2022 Rehovot, Israel, July 8, 2021 – Aleph Farms, the cultivated meat company growing steaks directly from non-genetically modified animal cells, has announced the completion of a $105 million Series B funding round. The […]

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FoodTech Milk Plant-based Foods Protein

Imagindairy Leads “No Cow”, Guilt-Free Dairy Revolution

Israeli start-up introduces fast-to-market, highly functional, animal-free dairy proteins. Good news for those seeking environmentally conscious dietary habits by reducing consumption of animal protein but cannot shake the craving for real milk in a hot cup of coffee or resist indulging in a rich cheesecake. The Israeli start-up Imagindairy, Ltd., is milking new technology to […]

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FoodTech Meat Protein

Cultivated Meat Likely to Make Up 40% of Future Meat Intake

The research, published on May 11, 2021 by the journal Foods, affirms that cultivated meat is likely to make up a major part of consumers’ future diets. The study showed patterns of greater openness to trying such products by younger generational groups: 87-89% of Gen Z adults, 84-85% of Millennials, 76-77% of Gen X, and 70-74% […]

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Food Processing FoodTech Meat Startups

Aleph Farms and The Technion Reveal World’s First Cultivated Ribeye Steak

The proof-of-concept incorporates real muscle, fat, and vascular-like system similar to a ribeye from a slaughtered cow, in strategy to build a diverse portfolio of cultivated meat cuts of any dimension. Aleph Farms Ltd.(the Company)and its research partner at the Faculty of Biomedical Engineering at the Technion – Israel Institute of Technology, have successfully cultivated […]