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We humans are resistant to unfamiliar things. But that doesn’t mean we can’t change, and one of the ways in which consumers will change their mind is consistent and repeated exposure to a new idea or concept. The more a consumer hears an idea, the newness and unfamiliarity wears off and it becomes normalized. It…
Avant Meats, which makes cell-based fish, announced today that it is establishing new R&D and pilot production facilities in Singapore, created with the support of the Singapore Economic Board. The Hong Kong-based Avant cultivates fish cells to make cultured fish products, starting with sea cucumber and fish maw. The company says it is the first…
There are lots of factors that play into the success of a food product: Price, taste, cultural norms and acceptance. Sometimes it helps when a chef embraces a type of food and popularizes it through media or a new restaurant concept. Other times, a new type of food takes decades to become an overnight success.…
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Food tech investment firm Big Idea Ventures (BIV) this week unveiled the companies chosen for Cohort 3 of its alt-protein-focused accelerator program. Fifteen early-stage startups will participate in the five-month-long program, either in NYC or Singapore, according to a press release sent to The Spoon. BIV looks for companies developing both plant-based and cultured protein…
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Wisconsin-based cellular agriculture company Cultured Decadence announced today it has raised $1.6 million in an oversubscribed round of pre-seed funding. Investors include Bluestein Ventures, Joyance Partners, Revolution’s Rise of the Rest Seed Fund, gener8tor, GlassWall Syndicate, Bascom Ventures, and China-based Dao Foods. The company also received non-dilutive funding from the Wisconsin Economic Development Corporation administered…
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Will we ever reach a day when fast food restaurant serve nothing but plant-based or cultured meat? Many hope so, including Josh Tetrick, founder and CEO of Eat Just. But Tetrick’s ambitions for alternative protein stretch far beyond the QSR sector. As of this writing, Eat Just is selling its cultured meat product at a…
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TurtleTree Scientific, the B2B arm of cellular ag company TurtleTree Labs, announced today a new partnership with JSBiosciences to collaborate on the development of cell culture media. The overarching goal of the partnership is to bring down the cost of production for cell-cultured products in order to eventually achieve commercial scale. Singapore-based TurtleTree Labs is…
Bluu Biosciences, a startup making cell-based fish, has raised a €7 million (~$8.24M USD) round of funding. TechCrunch was first to report the news, writing that Manta Ray Ventures, Norrsken VC, Be8, CPT Capital and Lever VC all participated in the round. The Berlin, Germany-based Bluu is working on creating cell-based versions of salmon, trout…
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Startup accelerator Y Combinator has made its first investment in a cultured meat company with the addition of Orbillion Bio to the Winter 2021 cohort. Prior to joining YC, Orbillion participated in both the Brinc accelerator and Big Idea Ventures NYC program. Orbillion’s focus is on cultivating higher-end meat products such as elk, lamb, and Wagyu…
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This is the web version of our Future Food newsletter. Sign up for the best news and analysis of the alternative protein market. The market for alternative protein, including meat, eggs, dairy, and seafood products, could reach at least $290 billion by 2035, according to a new report from Boston Consulting Group (BCG) and Blue Horizon Corporation…