✴︎
At a recent exclusive tasting event, Singapore-based Shiok Meats unveiled a prototype for cell-based lobster, according to FoodNavigator-Asia, who attended the event. The prototype was unveiled at the event as part of two dishes, a lobster gazpacho and lobster terrine. Shiok said the lobster is cultivated with the same technology the company uses it make…
Today, Aleph Farms announced a platform for the commercial production of its cultivated beef steak. The company says this platform will allow it to eventually produce meat grown from cells of a living cow affordably at scale, putting its cultivated steak at price parity with factory farmed meat. The new production process is the first…
✴︎
The Abu Dhabi Investment Office (ADIO) announced today it will invest AED 152 million (~$41 million USD) across three ag tech companies to develop new ag tech innovations on land, at sea, and in space. According to a press release sent to The Spoon, ADIO has partnered with U.S.-based Nanoracks, India-based FreshToHome, and UAE-based Pure…
Alternative protein company Deep Branch has secured €2.5 million (~$2.9 million USD) in new funding from the European Investment Council (EIC) Accelerator to scale up production of the company’s novel, single-cell protein called Proton. The funding will be used to build a production facility in the Netherlands that the company hopes will be operational by…
✴︎
If you keep an eye and ear to food tech, you’ll know there’s been a significant uptick in interest (and investment) for cell-based meat products. But what can companies in the space do to help cell-based protein scale to address issues like global food security and environmental sustainability? That’s a topic FTW Ventures’ Brian Frank…
✴︎
What’s next for lab-grown meat? Brisket and jerky, apparently. Thanks to an Austin, Texas-based company called BioBQ, cell-based versions of both those meats are in the works, furthering the possibilities of the kinds of proteins that can be grown in a lab versus slaughtering an animal. Those meat choices, says cofounder and CEO Katie Kam,…
✴︎
Cell-based seafood maker Shiok Meats announced today it has raised $12.6 million in Series A funding. The round was led by Aqua-Spark, an investment fund focused on sustainable aquaculture. SEEDS Capital, Real Tech Fund, Irongrey, and several others also participated in the round, according to a press release sent to The Spoon. This brings Shiok…
But if you want to making a next-gen protein, there’s a good chance you’re going to have to raise millions of dollars in venture funding to build out your own bio-manufacturing factory. Why? In large part because the platforms for creating fermented or cultured food products products at scale haven’t existed to the same degree…
✴︎
Cell-based meat may be some time away from the grocery aisle, but that hasn’t stopped companies all over the world from trying to raise animal protein without the actual animal. Think cell-based beef, pork, and seafood, and, now, kangaroo and alpaca. The latter two on that list come courtesy of a Sydney, Austraila-based company called…
✴︎
Cultivated meat startup New Age Meats (NAM) announced today it has raised a $2 million seed extension round led by TechU Ventures. The round follows the NAM’s $2.7 million seed round from earlier this year and brings the company’s total funding to $5 million. The Berkeley, CA company is currently developing a cell-based pork sausage…
Geltor, which helps CPG brands in a variety of verticals such as cosmetics and food, is looking to scale up its biodesign capability to help these companies find more sustainable, animal-free alternatives for food and cosmetic items while also accelerating their time to market. “We do two things,” CEO Alex Lorestani told the Spoon. “Building…