Category: Foodtech
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A team led by UK-based vertical farming company Liberty Produce has won £420,000 (~$588,000 USD) from the Innovate UK fund to help advance controlled-environment farming in Singapore, according to a press release sent to The Spoon. Liberty Produce and Singapore-based LivFresh will jointly lead the Hybrid Advanced Research Vertical Farming Environment Systems and Technology (HARVEST)…
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Controlled environment agriculture (CEA) company Oishii is best known at this point for its high-end, vertically grown strawberries that cost a cool $50 for an eight-pack. That makes the New Jersey-based company’s wares pretty inaccessible for many consumers — until now. Oishii explained this week that it will be launching an “everyday berry” in the…
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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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After writing about Israeli startup DouxMatok‘s sugar reduction technology for nearly three years, we’ve finally gotten a chance to taste it — and you can too. Today the company launched two limited edition cocoa spreads made with its Incredo Sugar. Unlike other sugar alternatives, Incredo Sugar uses actual sugar — just less of it. It…
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St. Louis, Missouri-based Hungry Planet announced today it has closed an oversubscribed $25 million Series A round of funding. Post Holdings led the round, with participation from Singaporean investment group TRIREC, and “other leading plant-forward investors,” according to a press release. Aided by these new funds, Hungry Planet says it will expand its line of…
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Jellatech, a company making animal-free gelatin and collagen ingredients, announced today it has raised $2 million in pre-seed funding. Green Queen was first to break the news. The round included participation from Big Idea Ventures, Sustainable Food Ventures, Iron Grey, YellowDog, 7 Hound Ventures, Capital V, Sentient Investments and Bluestein Ventures. Raleigh, North Carolina-based Jellatech…
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This is the web version of our weekly Spoon newsletter. Subscribe now to get the latest food tech news delivered direct to your inbox. Another step was made this week towards edible insects as a source of protein for humans. Question is, Will bugs ever become an ordinary part of the ordinary American’s diet? This is not…
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Controlled environment agriculture (CEA) company Square Roots today unveiled its newest indoor farm. The facility is located in Grand Rapids, Michigan and growing micro-greens to serve grocery stores, e-commerce platforms, and restaurants in the Great Lakes region. Produce will be available “in the coming weeks,” according to a press release sent to The Spoon. Square…
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Food tech-focused firm Finistere Ventures announced today the launch of its Finistere Aotearoa Fund done in partnership with New Zealand Growth Capital Partners. The $40 million NZD (~$28.1 million USD) fund will support early-stage companies developing technologies for agriculture, alternative protein, supply chain, and other areas of food tech. Finistere is no stranger to food tech,…
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Hazel Technologies announced today it has raised $70 million in Series C funding. The round was co-led by the Pontifax Global Food and Agriculture Technology Fund and Temasek. S2G Ventures, Pangea Ventures, Rhapsody Venture Partners, Asahi Kasai Ventures, Jordan Park Group, and the Jeremy and Hannelore Grantham Foundation also participated. Including the Series C round,…
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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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Impossible Foods, best known for its plant-based meat analogues, is preparing for a public listing, according to sources that spoke for an exclusive report by Reuters. The public listing could value Impossible at more than $10 billion. Those sources note that the company is exploring going public via either an initial public offering (IPO) “in…
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