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SnackFutures, Mondelēz International’s innovation and venture programme has recently made a seed investment in Torr, an early-stage Israeli FoodTech Company, alongside The Kitchen Hub, a FoodTech incubator powered by Strauss-Group. Torr dreams, develops and produces snacks that serve a unique, tasty and much healthier bite. “Our investment in Torr validates Mondelēz International’s venture approach that […]
PheroSyn, the company spun-out from Rothamsted Research to develop and produce novel pheromones, has been awarded part of Innovate UK’s £134 million Sustainable Innovation Fund (SIF) to help development of its new pest insect pheromones. The funds will be used in a project to optimise sustainable green chemistry routes for the production of two high […]
InnovoPro, a developer of plant-based protein ingredients, has raised second, $3 million funding round, which will bring the company’s total capital raised to $18 million. The round, which was originally announced in April, was led by Jerusalem Venture Partners, with participation from European foodtech fund CPT Capital, iAngels, and Swiss retail giant Migros. The startup […]
Verdify, a Dutch foodtech company, has raised €750.000 seed funding to create first AI-powered platform for personalized nutrition. AI-investment company Genzai and two private investors participated in the funding round. “Food is the biggest market in the world and personalized nutrition is one of the key themes in this market. We are excited to build […]
Aleph Farms, Ltd., the leader in growing quality steaks directly from non-GMO cells, isolated from a living animal – is taking a bold new step toward accelerating extraterrestrial food production, which has been a main barrier for long-term space missions. The company announces the launch of its ‘Aleph Zero’ program. This project will forward its […]
Bees are an essential part of human existence, and no bees means no food. Bees are critical pollinators and keystone species to environments to which they are endemic, and their importance in human agriculture cannot be overstated. The survival of bees and human survival have been intertwined for centuries. If bees disappeared from the face […]
Laird Superfood (NYSE: LSF), a maker of plant-based superfood products, has closed its initial public offering of 3,047,500 shares of its common stock. The shares were sold at the public offering price of $22 per share, resulting in the gross proceeds for Laird Superfood of approximately $67 million. Laird Superfood® began with a cup of […]
Phytolon, an Israel based startup leveraging a proprietary, fermentation-based technology for the production of plant-based food colours completed a $4.1 million funding round led by Millenium Food-Tech, EIT Food, Consensus Business Group, The Trendlines Group, Israel Innovation Authority and Yossi Ackerman. Founded in 2018, Phytolon utilises current scientific advancements to bring biotechnology-based, natural, high-quality food-colorants […]
3-D printing is a unique way to prepare customised food as per the consumer’s needs. Researchers from the Singapore University of Technology and Design (SUTD) have developed a method to perform 3-D printing of milk-based products at room temperature, while maintaining its temperature sensitive nutrients. Milk being rich in temperature sensitive nutrients like calcium and […]
Despite volatility in the current economic landscape, PeaTos® snack brand continues to disrupt the $21B market for salty “junk food” style snacks currently dominated by industry Goliath Frito Lay, and has completed a $7M Series A raise led by Jackson Springs Management Partners (JSMP) and Connetic Ventures, and including such celebrity investors as Hall of […]
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