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Food Processing FoodTech Fund Raise Plant-based

Phytolon, a startup developing plant-based food colours secured $4.1m in funding

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 […]

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Food Laws Milk Plant-based Vegan

Milk or Milked: the story of two labels

DAIRY PRIDE Act is often cited as the ‘‘Defending Against Imitations and Replacements of Yogurt, Milk, and Cheese”. It states that No food may be introduced or delivered for introduction into interstate commerce using a market name for a dairy product if the food does not meet the criterion set forth for dairy products. Dairy […]

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Milk Plant-based Sustainability Vegan

World Plant Milk Day – August 22

World Plant Milk Day is an international day that celebrates plant-based alternatives to dairy milk. Founded by Robbie Lockie, Co-founder of Plant Based News, in 2017 and established as a partnership with ProVeg in 2018, the campaign has attracted the attention of millions of people around the world and helped accelerate the transition from dairy […]

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FoodTech Plant-based Vegan

Plant-based meat alternative startup SavorEat raises $3 million

SavorEat raised $3,000,000 Series A from Investment houses: Mor and Meitav Dash. The investment is at a company valuation of $25 million and will be conducted in two stages in accordance with the company’s milestones. SavorEat develops a new generation of meat alternative products which recreate the unique experience, taste and texture of meat in […]

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Beverages FoodTech Plant-based Sustainability

Eat your straws for a kinder planet

Ooble Innovations has developed 100% plant-based straws that are edible, biodegradable and come in different flavors. With the onset of a single-use plastic ban in 2021, finding functional and sustainable alternatives has become extremely essential. One product that has gained a lot of attention is the plastic straw. Over 1 billion straws are used every […]

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FoodTech Webinar

Expert Talk: How Foodtech is Disrupting Through Sustainable Meat Alternatives

By 2040, more than 60% of the global meat consumption will be lead by alternative meats. That’s a market value of 1,000 billion USD. Are you ready to lead the change within the industry? Come join a special panel on Wed, 08.07.2020, 6PM CEST sponsored by Stryber, an independent corporate venture builder based in Munich, […]

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FoodTech Plant-based

FoodTech startup, Heartbest, raised US$2 million in Series A funding

Heartbest Foods, the foodtech startup from Mexico has secured an investment of US$2 million from venture capital fund Blue Horizon Ventures. The company has been working with ingredients like amaranth, quinoa, and peas to develop vegan dairy products like milk and cheese. Heartbest Foods, founded in 2017, can currently be found in retailers like Soriana, […]

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AgTech FoodTech Protein

Government of Canada announced $100 million financing for Merit Functional Foods plant

The Government of Canada announced the financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg, Manitoba. Merit Functional Foods will construct a commercial-scale protein extraction facility that will produce plant proteins superior in solubility, flavour and purity. This plant, scheduled to be fully operational in December 2020 will create […]

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Plant-based Vegan

Not-for-profit investment company to help fund early-stage businesses in the plant-based food space.

Veganuary Co-Founder, Matthew Glover, launches new vegan investment fund, ‘Veg Capital’ – with all profits to go to charity! Veg Capital will provide Angel, Seed and Series A funding, with investments typically ranging from £50,000 to £250,000 to companies striving to replace the use of animals in the food system. The fund’s focus will be […]

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Food Safety Supply Chain

It’s not the food supply chain that’s breaking, it’s the meat supply chain

Supply lines across the food industry have been impacted by the coronavirus. Shuttered restaurants, university dining halls, workplace food providers, and more have all strained the food supply chain. In particular, the meat industry has suffered the hardest hit. In addition to closures of many of its largest purchasers, COVID-19 outbreaks inside meatpacking facilities have […]

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AgTech Protein

The Radicle Protein Challenge by Syngenta to Invest $1.25m

Radicle Growth, an acceleration fund, and Syngenta, a leading agriculture company announced the launch of The Radicle Protein Challenge by Syngenta to support the future of protein. Innovative protein sources are increasingly important for a growing population. Companies with novel solutions in protein industry like new protein sources or protein conversion technologies can apply. A […]

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AgTech Investments

Plantible raises $4.6 million seed round for an egg white replacement

Plantible uses duckweed, a tiny aquatic leaf, to extract a plant-based protein ingredient that will eventually allow food companies to make animal-based products into plant-based products. The offering would be attractive to companies that make baked goods or protein powder, and thus use lots of egg whites as part of their creation process. Plantible claims […]

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Investments

Growthwell Group raises US$8 m for scale-up of plant-based alternatives

Growthwell, a leading manufacturer of plant-based alternatives for meat and seafood for the South East Asian market, announced that it has raised US$8 million in a funding round led by Temasek, with other investors DSG Consumer Partners, Insignia Ventures, Genesis Ventures, Brandify and Mr Koh Boon Hwee participating. The proceeds from this funding round will […]