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Dog with a bowl of food

© andreaobzerova - stock.adobe.com
Pet Food

Big Idea Ventures Partners with Key Industry Players to Launch Next Gen Pet Food Innovation Program

Big Idea Ventures, in collaboration with Mars Petcare, AAK, and Bühler, has announced the launch of the Next Generation Pet Food Program. This initiative seeks to foster innovation in the pet food industry by engaging human food startups to develop sustainable solutions for pet nutrition. The program is particularly focused on reducing carbon emissions through the development of novel ingredients, sustainable protein and fat sources, and advanced processing technologies. This initiative is a joint effort by several industry leaders. Mars Petcare, known for its contributions to veterinary care and pet nutrition, is partnering with AAK, a company specializing in plant-based oils and fats, and Bühler, a global provider of technology for food and feed production. Together, these companies aim to support startups that can introduce …

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A bowl with algae oil

© Checkerspot
Fermentation

Checkerspot and AAK to Produce Novel, Climate Change-Resistent Oils from Microalgae & Precision Fermentation

California’s Checkerspot and the Swedish company AAK have announced a partnership to develop, scale, and commercially produce novel algae oils for meat alternatives, plant-based food, and personal care products. Checkerspot makes renewable oils using microalgae and precision fermentation for materials and food, and AKK specializes in value-adding vegetable oils for food, confectionery, pharmaceuticals, and cosmetics. With this initiative, both companies aim to provide a sustainable alternative source of structuring fats and oils that can be manufactured at scale and are resistant to the impacts of climate change. Structuring fats and oils are used for products with healthier nutritional profiles, less fat, and better emulsion capabilities, including alt meat and bakery. Scott Franklin, co-founder & CSO of Checkerspot, shared: “Our team at Checkerspot is able to …

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© Fora Foods
Investments & Acquisitions

AAK Foodservice Acquires Aquafaba Butter Producer Fora Foods

Leading vegetable oil and fats producer AAK FoodService has acquired Fora Foods. Fora is the company behind ForA:Butter, a plant-based product made with cocoa butter, coconut oil, and coconut cream. The most significant difference between ForA and other vegan butters is its use of aquafaba (the cooking water from chickpeas) as an emulsifier. The company claims that this unusual formulation makes it one of the only products to be a true 1:1 substitute for dairy butter. AAK already manufactures ForA:Butter, making the acquisition a natural next step. Fora Foods was founded in 2018 by Andrew McClure and Aidan Altman. The same year, the company raised $1.4 million from investors such as New Crop Capital and Blue Horizon. Currently, the product (previously known as Faba Butter) …

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