With COVID-19 cases spiking once again and winter creeping in, today might be the perfect time to get cozy and catch up on some Food Tech News. This week we have stories on mycelium leather, pistachio milk, a seasonal Pepsi flavor, and a line of formal wear created by your favorite stuffing brand.
MycoWorks raises $45m Series B round
MycoWorks raised a $45m Series B funding round this week, led by WTT Investment and DCVC Bio. New investors include two celebrities, John Legend and Natalie Portman, as well as Valor Equity Partners, Humboldt Fund, and Gruss & Co. MycoWorks makes an animal-free leather from mycelium, which is essentially the root system of mushrooms. In addition to the funding news, the company announced the opening of a new manufacturing plant in Emeryville, California. This funding round will be used to open several more manufacturing plant locations.
Táche launches “first true” pistachio milk
Táche, a New York-based startup, made its pistachio milk available for purchase this week. The milk is the first to be made purely from pistachio nuts and is free of other nuts and added oils; the milk also comes in a sweetened and unsweetened version. During the past few months, the company has raised $1.1 million through angel investors and friends, with one notable investor being the former CEO of Stonyfield Farms. A 32-ounce carton of Táche’s pistachio milk costs $7.99, and customers can purchase a six-pack of the milk on the company’s website. The milk is also available in some coffee shops and cafes in New York, New Jersey, Connecticut, and California.
Pepsi releases limited addtion apple pie flavor
Pepsi’s release of this seasonal special aims to emulate all of the goods things in a fresh-baked apple pie: cinnamon, a buttery crust, and warm apples. The company wanted to provide an option for those who don’t have baking skills but want to enjoy the flavors of an apple pie. However, there is a catch; not everyone can get their hands on a bottle of this limited-edition soda. In order to enter for a chance to receive a free 2-liter bottle, participants must share a photo of their baking fails on Twitter or TikTok with the hashtag #PepsiApplePieChallenge.
Stove Top creates a line of formal wear for Thanksgiving
Stove Top, a brand of Kraft Heinz known for it’s packaged stuffing mixes, created a line of formal wear for Thanksgiving. The line includes items such as “Stufflinks” (featured above), a stuffing-print shawl, and a headband. Surprisingly, many of the items have sold out already, with the exception of the $30 crushed velvet jacket with a stuffing print lining. The line of formal wear can be found on LetsGetStuffy.com.
Anova Launches New Line of Plastic Neutral Vacuum Sealer Bags
Sous vide specialist Anova announced they had launched a new line of plastic neutral vacuum seal bags through a partnership with Plastic Bank, a social enterprise focused on reducing the amount of plastic entering the waste stream. Companies within the Plastic Bank program become plastic neutral goal through the purchase of plastic reduction offset credits from the Plastic Bank, which use the funds to reclaim ocean-bound plastic and recycle it. Anova’s new bags also feature an accelerated degradation additive so they break down faster when exposed to air and light.
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