The average supermarket deli is a sad carnival of sulfites, nitrates, and preservatives that go bump in your belly. There have been a handful of upstarts in the plant-based food space attempting to create a healthy alternative to sliced cotto salami or chunks of smoked roast beef. One Berkeley-based company believes it has a healthy,…
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As the world awaits the arrival of cultured meat, manufacturers and their suppliers strategize to cope with the realities of this potentially mammoth market. Infrastructure and product scaling for growth remain a challenge from the supply side. Still, concerns over the pricing of lab-grown meat, poultry, and seafood might be the most significant roadblock to…
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According to the Environmental Protection Agency, more than 85% of greenhouse gas emissions from landfilled food waste can be attributed to missteps that occur before the food ever reaches a consumer’s plate—from production to processing to distribution. FloWaste, an Indiana-based startup, is addressing food system inefficiency at the processing stage using a proprietary machine learning…
Alternative protein news has been dropping in faster than fall leaves, and so we’ve gathered some of this week’s top stories, including Revo Foods’ product launch, Aquacultured and Daring Foods’ funding rounds, and Brave Robot’s new cake mix. Revo Foods launches plant-based salmon in Austrian grocery stores This week, plant-based seafood startup Revo Foods launched…
Fabric, a maker of robotic micro-fulfillment solutions for grocery and e-commerce retailers, announced today they have raised $200 million in a Series C funding round. The new funding puts the company’s valuation at $1 billion. Formerly called Common Sense Robotics, Fabric works with large online grocers and retailers such as Walmart, Instacart, and FreshDirect to…
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Despite my few years of working as a barista in the past, I definitely don’t consider myself a coffee expert of any sort. In fact, I am someone who loves the flavor of a generic-tasting dark roast. What is important to me, however, is the quality of the coffee I’m drinking. I am willing to…
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Over the past 12 months, money has poured into cultivated meat startups as venture investors, celebrities, and governments look to get in on what many believe is the next big thing in alternative protein. However, as the excitement grows, some are taking a harder look at how to scale the production of lab-grown meat to…
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Americans have a problem: we consume way too much sugar (about 57 pounds a year on average) and not nearly enough fiber (only about 5 percent of the population ingests enough). The Supplant Company aims to offer a solution to this issue with its sugar made from the fibers of agricultural side streams like corn,…
The week’s big news is a $350 million Series D raise by precision fermentation unicorn Perfect Day. There’s a whole lot packed into this announcement, so let’s get right to it: First, the funding raises Perfect Day’s total to $750 million and sets the company on track for a possible IPO. The timing couldn’t be…
Fall is upon us in the Pacific Northwest, and alongside autumn colors and windy weather is lots and lots of food tech venture capital. This week’s funding news includes not one but two alt-mozzarella startups, a monster round for ugly produce online retailer Misfits Market, and three pieces of food robot funding news. On to…
Plant-based pet food brand Wild Earth has announced plans to expand its product line into pet food made with cell-based meat. The announcement comes on the heels of a new $23 million funding round from a group of investors that includes Mark Cuban and the star of Vampire Diaries, Paul Wesley. Led by alternative protein…
Blendid, the maker of smoothie-making robots, announced today it had raised $2 million via crowdfunding platform StartEngine. According to the announcement sent to The Spoon, the raise brings the company’s total funding to $20 million raised through venture capital, strategic funding, and crowdfunding. The company raised funds over a four month period from over 1475…