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When it comes to growing major crops like corn, rice, wheat, and sugar cane, there is often an abundance of raw material left over post-harvest. Referred to as agricultural side streams, this material includes things like husks, leaves, cobs, and stems. Traditionally, industrial agricultural side streams have not had much use, but upcycling food waste…
Horizon Europe, a European Union funding program for research and innovation, announced today that it has €32 million in funding available for research into more sustainable protein options such as cultivated meat and plant-based alternatives. The program works to achieve the UN’s Sustainable Development Goals, and this is the largest funding package set aside specifically for…
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Plant-based food tech company Motif FoodWorks has raised a whopping $226 million in Series B funding, according to an announcement sent to The Spoon. The round was co-led by Ontario Teachers’ Pension Plan Board, through its Teachers’ Innovation Platform, and BlackRock. Rethink Food and existing investors also participated in the round. To date, Motif has…
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Change Foods, a startup best known at this point for making animal-free cheese via a fermentation process, has closed an oversubscribed Seed round of $2.1 million. Investors include Plug and Play Ventures, Clear Current Capital, Canaccord Genuity, Better Bite Ventures, Jeff Dean, and GERBER-RAUTH, among others. To date, Change Foods has raised $3.1 million in…
Plant-based ingredient maker Better Meat Co.’s new fermentation plant, which will produce the company’s mycoprotein ingredient Rhiza, is up and running as of today in Sacramento, California, according to a press release sent to The Spoon. Rhiza is a fungi-based protein analogue with a naturally meaty texture and neutral taste. Because it is a whole…
Back in 2016, Eric Schulze was working as an FDA regulator and happened upon a Reddit article discussing Memphis Meats’ cell-based meatball prototype. He was immediately fascinated with all the possibilities and challenges the company would encounter over the next few years. Schulze reached out to the company’s cofounder and CEO, Uma Valeti. Memphis Meats…
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Bioprinting startup MeaTech 3D has filed a patent with the United States Patent Office (USPTO) it says could significantly improve the manufacturing process for its cultivated meat. The Ness Ziona, Israel-based company has since 2018 been developing a method for cultivated meat that relies on 3D bioprinting. Cells are extracted from the animal (without harming…
This is the web version of our weekly Future Food newsletter. Subscribe to get all the best alternative protein (and ice cream) news delivered to your inbox. After five months of non-stop news about cell-based meat, things were a little slow in the alternative protein space this week. Phew! The whole cultured meat category (and…
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This is the web version of our newsletter. Sign up today to get updates on the rapidly changing nature of the food tech industry. Setting aside scalability, price parity, and regulatory approvals for a moment, one of the major challenges for cultivated meat makers will be getting people to actually buy their products en masse and on…
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Eat Just announced today that its GOOD Meat division has raised $170 million in new funding. The round included UBS O’Connor, Graphene Ventures, K3 Ventures, and others, and officially makes GOOD a subsidiary of Eat Just. The company said today it plans to use the new funds to increase capacity of GOOD’s cultured meat production…
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Dutch cultured protein company Mosa Meat said over the weekend it has reduced the cost of its fat media by 66 times thanks to the work of a group the company refers to as its Fat Team. Without listing actual price numbers, Mosa Meat said its fat medium now costs 1.52 percent of what it…