Clara Foods, one of the early pioneers building nature-equivalent proteins using precision fermentation technology, announced today it is rebranding to the EVERY Company and is launching its first animal-free egg product called ClearEgg, an egg protein product targeted at the protein beverage market. The new product, ClearEgg, will be sold through EVERY’s strategic partner Ingredion,…
Over the past few years, a number of startups have popped up to develop new and more sustainable alternatives to animal-derived collagen. The reasons are obvious: Collagen is used everywhere, from cosmetics to food to health and wellness applications, and because animal-derived collagen is a by-product of the animal farming industry, it has all the…
The Good Food Institute released a new report that shared in the first half of 2021, alternative seafood companies raised a total of $116 million in funding, compared to $26 million in all of 2020. In contrast, last year saw a 23 percent increase in U.S.-based alternative seafood sales. In addition to this report on…
Berlin-based Formo announced today it had raised $50 million in Series A funding. The investment in the maker of animal-free cheese was led by EQT Ventures, with Elevat3 Capital and Lowercarbon Capital. The company, which started out as Legendairy Foods but rebranded earlier this year, says it will use the new cash to build a…
This week Swiss flavor giant Givaudan announced it has partnered with synthetic biology platform company Ginkgo Bioworks to develop a new series of ingredients. According to the announcement, Givaudan will “leverage Ginkgo’s long-established expertise in enabling companies to develop bio-based products to produce a number of innovative and sustainable ingredients through fermentation.” Ginkgo Bioworks, which…