A plant-based taco

© Propel Foods

Propel Foods is Developing AI-Powered Plant Proteins Backed by Mexican Government

After winning the Hult Prize 2021, with a proposal to help local communities and the environment with alternative foods, Joel González, Sofía Hillman, and Jayat González received a US $150K prize which they used to fund their startup Propel Foods. Based in Mexico City, Propel Foods is an AI-powered startup that creates plant-based and hybrid-protein foods. The company says it combines the best of the vegetable and animal worlds in foods that are good for your health, delicious to eat, and good for the planet’s health.  Propel Foods commented in an interview: “Since we won the prize, we have continued turning our idea into a viable business. We were recognized in Mexico as a National Interest, were featured in Entrepreneur Magazine, and have entered into talks …

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TiNDLE Next Gen Foods

TiNDLE ©Next Gen Foods

Next Gen Foods Names Chicago as New US Headquarters and Opens R&D Lab at The Hatchery

Next Gen Foods, the makers of plant-based chicken brand TiNDLE, announces it has established new headquarters in Chicago, and is opening its first US-based R&D and innovation center at The Hatchery Chicago, one of America’s largest food business incubators. The brand is also expanding the availability of TiNDLE at restaurants throughout the city.  According to Next Gen, The Hatchery will serve as a starting point for TiNDLE’s product development as it scales up into new US sales channels, including food service and retail. As an R&D facility, the center will also allow early-stage exploration of Next Gen’s new plant-based products, leveraging insights from both consumers and operators to expand the brand’s product line. “We are excited to welcome Next Gen Foods and TiNDLE to The Hatchery …

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ENOUGH's new plant

© ENOUGH

ENOUGH Inaugurates ‘World’s Largest’ Mycoprotein Facility

Food tech startup ENOUGH recently inaugurated what it claims to be the world’s largest mycoprotein facility, a game-changing supplier for the alternative protein market. The new factory will produce up to 60,000 tonnes of ENOUGH’s ABUNDA® protein by 2027, which is equivalent to growing a cow’s worth of protein every two minutes, explains the company. ENOUGH develops its mycoprotein by fermenting fungi using a technology that leverages renewable feedstocks, creating a unique zero-waste fermentation process for growing a complete food protein containing all essential amino acids also high in dietary fibre. Circular Bio-based Europe Joint Undertaking (CBE JU) with its Plenitude project supported the production plant’s construction phase with €16.9M coming from European funds aimed at advancing competitive bio-based industries. Nicoló Giacomuzzi-Moore, CBE JU’s executive director, commented at …

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Davai Dumplings team

© Davai Dumplings

Ter Beke Invests Half a Million Euros in Davai Dumplings

Davai Dumplings of Belgium announces it has entered into a strategic partnership with food group Ter Beke. The deal involves an investment of more than 500,000 euros for the young brand’s frozen vegan dumplings. Davai reports to vegconomist that Ter Beke is looking to diversify its portfolio and move into plant-based and the news represents the group’s first ever startup investment. Success for the young founders The Ghent-based startup was founded in 2016 by then students Ruslan Podgaetskiy and Maybritt Devriese who will receive half a million euros for the Ghent vegan dumplings. Ter Beke will provide assistance in the marketing, distribution and internationalization of the Davai brand. According to the startup, the collaboration symbolizes an investment in making the food sector more sustainable. The …

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Agri-Food Innovation Summit

© Agri-Food Innovation Summit 2021

Asia-Pacific Agri-Food Innovation Summit Showcases Next-Generation Solutions in Cultivated and Plant-Based Food

The fifth annual Asia-Pacific Agri-Food Innovation Summit is set to present 50 game-changing innovators who are pioneering breakthrough technologies, among them many cultivated and plant-based companies presenting next-generation solutions. Building strong, resilient supply chains has never been more crucial, with global shocks highlighting import link gaps, rapid economic growth, and significant structural transformation throughout the area. The fifth annual Asia-Pacific Agri-Food Innovation Summit is set to provide a platform to unlock scalable innovation in the alt-food landscape. The event takes place in Singapore, October 26-28. Foodtech solutions Delegates can meet international start-ups in person at the Start-Up Exhibition Powered by True Search. For the innovation showcase addressing Foodtech, three cultivated and plant-based startups from the Asia-Pacific area will present their solution to a panel of …

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Image: PBW Expo / Vevolution

PB World Expo London to Stage Plant-Based Taste Awards & Plant-Based Startup Competition

This year’s Plant Based World Expo Europe which returns to London Olympia on 30th November-1st December, is to host two exciting award ceremonies: The Plant-Based Taste Awards, created by FoodBev Media, and the Plant-Based Start-Up Competition, in collaboration with Vevolution. The Plant-Based Taste Awards The Plant-Based Taste Awards is the only plant-based award ceremony in the world to focus solely on the taste of a product, and is set to feature a range of categories, including a new category for 2022 Best Whole Cut Meat Product. Entries are now open, with the winners set announced live on the first day of Plant Based World Expo Europe. The deadline for entries is 7th October 2022. Jonathan Morley, Managing Director at Plant Based World Europe, comments: “The …

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Omeat Cultivated Meat Founder and CEO

Ali Khademhosseini ©Omeat

Meet Omeat: A Cultivated Beef Startup Making Meat “A Force for Good”

From UPSIDE Foods’ record-setting $400M Series C funding, to SCiFi Food’s breakthrough in scaling beef, 2022 is proving to be a banner year in cultivated meat research and innovation. Now, Omeat, a new cultivated meat startup in Los Angeles, is promising to bring its own brand of high-powered tissue engineering and biomedical expertise to develop a scalable approach to cultured meat.  “Meat done right” Founded by world-renowned tissue engineer and former MIT and Harvard professor Dr. Ali Khademhosseini, Omeat is an early-stage startup that seeks to grow real meat from animal cells that is “every bit as delicious” as conventional meat products without the environmental consequences of industrial agriculture. The company has not officially confirmed what types of meat(s) it will produce, but its website …

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

Meet ProVeg Incubator: The World’s Leading Alt-Protein Accelerator is Open for Applications

In 2018, the ProVeg Incubator was launched as the first global programme for plant-based, fermentation-derived, and cell-based food startups. ProVeg Incubator aims to fill food-tech’s most pressing white spaces by recruiting top-tier innovators for its world-leading accelerator programme. Pioneering founders who are developing plant-based, fermented, and cultured alternatives to animal-based products and ingredients can apply now to join the ninth cohort of startups at the ProVeg Incubator.. Since its launch, the ProVeg Incubator has supported over 70 startups from around the world, including Remilk, Better Nature, Vly Foods, Haofood, Omni, Mushlabs, Formo, Hooked, and the Nu Company. Collectively, the ProVeg Incubator’s alumni have raised more than €230 million, with products stocked in over 15,000 stores worldwide. For its ninth cohort, the Incubator is particularly interested …

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© Micro Meat

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

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 Origin engineer. The company states its mission is to end animal suffering and prevent climate catastrophe by enabling businesses of any size to create and sell cultivated meat. Designed to help startups to rapidly fund, build and upscale, past cohorts at Newchip are said to have averaged more than 17.5 times the average funding amount. …

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High Time Chicken Nugget

©High Time Foods

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

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 oil. Once cooked, the product is said to offer the same look, smell and taste of minced chicken. In addition to being shelf-stable, the chicken product is preservative-free and provides a “cuisine agnostic” alternative that can be served as a ground or shaped into nuggets, patties, skewers and more.  Versatile protein High Time was founded …

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ADM chef presenting a beautiful dish

Image courtesy of ADM

ADM Co-Founds ScaleUp Bio to Accelerate Precision Fermentation Startups

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 in the first quarter of next year, providing startups with up to 100L of fermentation capacity. Successful startups will then be able to transition to ScaleUp Bio’s larger facility, which will have up to 10,000L fermentation capacity and should be in operation by mid-2023. ADM and alt-proteins In recent years, ADM has increasingly been moving …

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Hero Protein

© Hero Protein

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

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 at least $200,000 and will gain access to Brinc and DayDayCook’s network of later-stage investors, both during and after the program. Applicants should be commercially-ready and either located in or looking to enter the Greater China or Asian market. Example investment themes include Alternative Protein, Functional and Novel Ingredients, Sustainable Packaging, Food Supply Chain Innovation, …

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© CELLMeat

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

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 resources, with the option to search by either need or development stage. Many of the opportunities listed are also available to startups outside Singapore. Alt-proteins in Singapore Last month, the Chief Sustainability Officer at Singaporean state investor Temasek said that plant-based proteins were a vital way of improving food security. The company has increasingly been …

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Green Generation Fund founders

© Green Generation Fund

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

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 Green Generation Fund is aiming for a portfolio of 20-25 companies. All startups will be given targets to reduce their carbon emissions, and if these targets are not reached then a third of the returns will be donated to environmental organisations. The fund managers’ renumeration will also vary depending on whether sustainability targets are met. …

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Mylkcubator logo

© Pascual

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

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 set to last six months, from the selection of the startups through to the final demo day. According to Pascual, dairy products produced via cell cultivation and fermentation present a “huge opportunity” for the dairy industry. First cohort Mylkcubator’s first cohort was announced last May, with four startups — De Novo Dairy, Pure Mammary Factor, …

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