Plant-Based Po-Boy Sandwich by Pearlita

©Pearlita

Cultivated, Cell-Cultured & Biotechnology

7 Game-Changing Startups Putting North Carolina on the Innovation Map

Continuing our series on emerging hot-spots in alt protein, we turn to North Carolina, The Tar Heel State – a place better known for its scenic countryside and traditional BBQ than cutting-edge food tech. But North Carolina’s world-class research facilities, low taxes, and pro-tech economy have attracted some of the world’s most innovative animal-free companies looking to disrupt a wide range of industries. From cultivated oysters and filet mignon to algae-made fabrics and next-level collagen, here are 7 startups turning North Carolina into a visionary center for alt protein and more.  1. No Evil Foods Founded in 2014 by husband and wife team Mike Woliansky and Sadrah Schadel, No Evil began its journey selling hand-crafted plant-based meats to local shops and restaurants in and around …

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alternative protein market company Upside Foods serves a cultivated chicken burger

© UPSIDE Foods

Business Wire

Global Cultured Meat Markets Report – By 2040, a Projected 60% of Meat will be Created from Cells Grown Within Bioreactors and Sold Across Grocery Stores and Restaurants Worldwide

DUBLIN–(BUSINESS WIRE)–The “The Global Market for Cultured Meat – Market Size, Trends, Competitors, and Forecasts (2022)” report has been added to ResearchAndMarkets.com’s offering. By 2040, a projected 60% of the meat will be created from cells grown within bioreactors and sold across grocery stores and restaurants worldwide. The rise of the cultured meat market will be supported by the sustainability of the process, as well as the industry’s ability to provide “tailor-made nutrition” through its meat and seafood products. Recent surveys indicate that nearly 50% of the consumers do not have any reservations about cultured meat. Over the next 10 to 20 years, the cultured meat market is projected to act as a major disruptor to the conventional meat market. The number of startups focused …

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BIOMILQ Co-Founders

Leila Strickland & Michelle Egger ©BIOMILQ

Cultivated, Cell-Cultured & Biotechnology

BIOMILQ Says Its Cell-Cultured Breast Milk Could Be Ready in 3-5 Years

BIOMILQ, a biotech startup producing human breast milk from cultured cells, reveals its technology is on pace to reach the market in the next three to five years. Aiming to disrupt the $52 billion infant formula industry, BIOMILQ is working to combine the nutrition of breast milk with the convenience and practicality of formula.  Based in North Carolina, BIOMILQ raised $21M in Series A funding in 2021 from backers that included Bill Gates’ Breakthrough Energy Ventures. To make human milk outside of the body, BIOMILQ grows mammary cells from sample breast tissue and milk provided by local donors, reports CNN Business. The cells are then cultivated in flasks and fed nutrients before incubating in bioreactors, which provide additional nourishment and growth requirements, stimulating the cells …

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BIOMILQ founders Michelle Egger & Leila Strickland, image supplied

Cultivated, Cell-Cultured & Biotechnology

$21M Series A For BIOMILQ’s “Human Milk For Babies” Means Mothers Won’t Have to Rely On Dairy Products

US biotech company BIOMILQ, which produced human breast milk outside of the body for the first time this June, has raised $21 million in a Series A funding round. BIOMILQ’s breast milk will provide a much-needed solution for parents who wish to breastfeed but aren’t able to. Conventional infant formulas are usually dairy-based, and as such not suitable for mothers who choose not to consume animal flesh or secretions. Additionally, dairy options struggle to match the nutritional profile of human breast milk. The round was led by Novo Holdings and Breakthrough Energy Ventures, with support from others including Blue Horizon and Spero Ventures. The new Series A funding will allow the company to optimise the production process, launching commercially within the next four years. After …

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Brendan Brazier, Founder ©Fiction Foods

Company News

Blue Horizon Ventures Takes Significant Positions in Four Food Tech Brands, Recruits Brendan Brazier as Venture Partner

With four additional closings this June, as detailed below, Blue Horizon Ventures reports that in less than ten months its portfolio has now expanded to 12 mission-aligned companies and that it has deployed circa EUR 50M to accelerate their growth. Thrive author Brendan Brazier has also been recruited as a partner at the firm.

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