Startups, Accelerators & Incubators: Latest News 2022 - vegconomist: the vegan business magazine

Albrecht Wolfmeyer, Head of ProVeg Incubator presenting at the alt-protein accelerator’s Startup Demo Day

Mexico’s First Cultured Meat Startup ‘Micro Meat’ Selected for Newchip Accelerator

August 12, 2022

Micro Meat, a startup funded by Y Combinator in the summer of 2021 and the first startup of its kind from Mexico, announces it has been accepted into Newchip’s renowned global accelerator program. Micro Meat is a “platform that helps businesses grow and thrive by providing them with the resources they need to produce cultivated meat,” co-founded by Anne-Sophie Mertgen, a tissue engineer, and Vincent Pribble, an ex-NASA and Blue …

©High Time Foods

Boston’s High Time Foods: Creating “Cuisine Agnostic” Minced Plant-Based Chicken

August 9, 2022

As the vast majority of plant-based meats are sold as refrigerated or frozen products, shelf-stable alternative proteins represent a much smaller, yet potentially very lucrative, market segment. Now, High Time Foods is seizing the opportunity by bringing dried plant-based chicken mince to chefs and restaurants across Boston, reports BizJournals. Created to offer a convenient food service solution, High Times’ chicken comes as a dry mix that combines with water and …

Image courtesy of ADM

ADM Co-Founds ScaleUp Bio to Accelerate Precision Fermentation Startups

August 8, 2022

Agri-food giant Archer Daniels Midland (ADM) has joined forces with Asia Sustainable Foods Platform to create a new firm called ScaleUp Bio. In collaboration with A*STAR’s Singapore Institute of Food and Biotechnology, ScaleUp Bio will open a Singapore-based pilot laboratory for precision fermentation startups. The facility will provide contract development and manufacturing services, featuring co-working spaces and test kitchens alongside fermentation and extrusion equipment. It is set to begin operating …

Good Food Accelerator Program to Invest $10M in Animal-Free Asian Startups

July 21, 2022

Leading venture accelerator Brinc and Asian culinary platform DayDayCook have announced they will be investing $10 million in sustainable, animal-free foodtech companies through the Good Food Accelerator Program. The program, operated by Brinc, will help to fund 45 startups over the next three years. Additionally, Brinc has invested $500,000 in DayDayCook, bolstering the alliance between the two companies. Applications for the accelerator program are now open. Successful startups will receive …

New Tool Will Help Singaporean Alt-Protein Startups Secure Government Funding

July 11, 2022

In collaboration with the joint initiative FoodInnovate, GFI APAC has launched a database that will make it easier for Singaporean alt-protein startups to find funding. Singapore has become a hub of innovation for alt-proteins, with a huge range of government funding opportunities available. However, this can make it difficult and overwhelming for startups to determine which options are best suited to them. The new database brings together all relevant government …

Green Generation Fund Raises €100M to Provide Seed Capital to Alt-Protein Startups

June 30, 2022

Entrepreneurs Manon Littek and Janna Ensthaler have launched the €100 million Green Generation Fund, after raising funding from investors including Corecam Capital Partners and Westwing founder Delia Lachance. Targeting alt-proteins, the fund has already invested in eight startups, including cell-based breast milk company Biomilq and animal-free dairy producer Change Foods. Another is Neggst, a startup producing what it claims is the first vegan egg with a shell. In total, the …

Second Cohort of Mylkcubator Launches to “Future Proof the Dairy Industry”

June 27, 2022

The second cohort of Mylkcubator, an incubator for cell-based dairy products, has now launched. The incubator is seeking to enroll five startups or projects in the fields of molecular farming, fermentation-based, cell-based, and applied technologies. Mylkcubator is operated by Pascual Innoventures — the corporate venture unit of Spanish dairy manufacturer Pascual — in collaboration with global foodtech accelerator Eatable Adventures. The program is open to startups worldwide. Mylkcubator 2.0 is …

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Israel’s Largest Food Manufacturer Tnuva to Found Dedicated Alt Protein R&D Center

June 22, 2022

The Tnuva Group, Israel’s largest food conglomerate, has announced it will establish a new research and development center dedicated to alt protein. The major food manufacturer said that as growing numbers of Israelis are turning away from animal-based protein sources, Tnuva aims to improve access to alt protein for the public. The new R&D center will be based in Rehovot and will focus on alt protein development based on plant-based …

Lever China Announces Six New Alternative Protein Investments

June 20, 2022

Lever China has unveiled six new alt protein investments it has completed in recent months, expanding the Shanghai-based firm’s portfolio to a total of 12 startups in the alt protein sphere. Investing in early-stage startups across plant-based meat and dairy, precision and biomass fermentation, as well as cultivated meat, Lever China is emulating the approach of the Chinese government, which is pursuing alt protein as a critical strategy. Lever China …

One of Narayan Foods’ production facilities in Slovenska vas

ForGood: “We Are Committed to Doing Everything in Our Power to End Animal Suffering”

June 13, 2022

When international footballer Chris Smalling, brand builder Rebecca Wheeler, and vegan investor Sebastiano Cossia Castiglioni realized their values aligned, the three game-changers came together to launch ForGood, a new sustainability-focused VC consultancy with a global vision. On the hunt for disruptive, high-growth business ideas working to address climate change, ForGood is a purpose-driven collective of investors committed to scaling ideas to build a better future. We spoke with all three …

The Ten Winners of the Carrefour Plant-Based Contest!

June 10, 2022

Carrefour announced the final of its Plant-Based Contest last night, deciding between the 15 finalists. The aim of this contest was to find the most successful plant-based innovations that the retail giant will then offer to its customers. More than 250 start-ups from all over the world took part, of which 15 were selected for the final and 10 winners were chosen by the jury. Carrefour CEO Alexandre Bompard was …

©Zero Egg

ProVeg Incubator Seeks Startups Developing Egg, Seafood, & Chicken Alternatives

June 9, 2022

The ProVeg Incubator has opened applications for its next cohort, with a particular focus on startups developing egg, seafood, and chicken alternatives. According to the alt-protein accelerator, these three areas are major “white spaces”, with more innovation desperately needed. Plant-based cheeses and ready meals are also a priority, along with any ingredient or technology that can replace animal-derived staple products. Applications will be accepted on a rolling basis through to …

©La Vie Foods

Announcing the 15 Finalists of the Carrefour Plant-Based Contest

June 7, 2022

French supermarket chain Carrefour created a contest this March called the Plant-Based Contest, designed to help innovative startups advance to market. The contest has three categories: plant-based protein products, strong concept, and service offering. More than 250 startups from all over the world participated, of which 15 have been selected for the final that will be held on June 9 in the heart of Paris. On this occasion, 10 winners …

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