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German Institute for Food Technology: "More and More Startups are Courageous and Dare to Enter the Market - the Whole Industry Profits From That"

Nino Terjung
Dr. Nino Terjung heads the department of product innovation at the DIL Deutsches Institut für Lebensmitteltechnik e. V. (German Institute of Food Technologies). After his apprenticeship as a butcher and a short time as a journeyman, he passed the examination for the master craftsman's diploma with distinction at the age of 18.

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Hong Kong's Multizen Holdings Invests in Ripple Foods, Laying the Groundwork for Pea-Based Dairy to Enter Asia

Ripple Foods
Multizen Holdings from Hong Kong has invested in Ripple Foods, a Californian vegan pea-based dairy brand, this marks Multizen's first sustainable impact investment into start-ups providing disruptive food solutions, according to Green Queen Media.

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Beyond Meat Discusses Prices, Aims to "Underprice Animal Protein" by 2025

Beyond Meat Discusses Prices, Aims to "Underprice Animal Protein" by 2025
Beyond Meat recently announced that it is distributing its patties to retailers at a reduced cost for consumers this summer, at $15.99 for a box of ten burgers ($1.60 per patty). CEO Ethan Brown recently stated that the company's plan is to "underprice" animal meat within five years.

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Lever VC and Brinc Launch Investment Fund and Accelerator Program for Plant-Based in China

Lever VC and Brinc Launch Investment Fund and Accelerator Program for Plant-Based in China
Lever VC announces it is partnering with Brinc, a global venture accelerator firm, to launch a joint investment fund and accelerator program to support plant-based and cell-cultivated brands across China. An initial sum of 40 million RMB (around $5.5M) over the next four years with up to 160M RMB potential follow-up has been revealed.

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Redefine Meat to Launch its 3D Printed "Alt-Steak" to High End Restaurants This Year

Redefine Meat
Redefine Meat announces the launch of its Alt-SteakTM plant-based products, with market testing at select high-end restaurants to start later this year. Created using Redefine Meat’s patent-pending 3D meat printing technology, the company’s Alt-Steak products can be produced in the volume and cost to enable large-scale market launch.

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Beyond Meat Speaks to Vegconomist on Expansion into European Market: "We Have Strong Ambitions in Europe"

Chuck Muth Beyond Meat
Beyond Meat, a brand that needs no introduction, has absolutely dominated our timeline since vegconomist first launched in 2018. We caught up with Beyond's Chief Growth Officer, Chuck Muth to ask about the new facility in the Netherlands, expansion into the European market, price parity, and the new even "meatier" recipe.

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Stray Dog Capital Invests in Plant-Based Bacon Producer Hooray Foods

Hooray Foods bacon
Stray Dog Capital has led a seed round for Hooray Foods, a producer of vegan bacon, after leading its pre-seed round last October. Members of the GlassWall Syndicate also participated in the round. As we reported in February, Forbes declared vegan bacon to be the next "frontier" in plant meat and cited Hooray Foods as one to watch.

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Impossible Breakfast Sausage to be Available in Over 20,000 Restaurants

Impossible Foods sausage
Six months after the initial release of the Impossible Foods sausage patty, the California brand announces it will make the product available to all US restaurants through its distribution channels including Dot Foods, Sysco, and US Foods. This means that over 20,000 foodservice locations will have the option of serving the sausage.

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