Changing Bio launches alt dairy line made with microbial proteins

Changing Bio- Image courtesy of GFI


Dao Foods Releases Detailed Report on Microbial Fermentation Industry in China

Dao Foods International has released The Role of Fermentation in New Protein Adoption in China, a new report on the state of microbial proteins in the country. Co-written and led by Rouyu Wu, director of investment and innovation at Dao Foods, the report explores the exceptional factors that make China a prime location for biomanufacturing microbial proteins. The review examines the historical progress of the biomanufacturing infrastructure and the recent regional government policies to promote its future development. It highlights the companies working in the industry and the opportunities and challenges facing large-scale fermentation of novel proteins. “By conducting this initial research, we hope to bridge the information gap between China and the rest of the world, inspire more entrepreneurs to engage in alternative protein …


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Startups, Accelerators & Incubators

Dao Foods Incubator Welcomes Third Cohort of China-Focused Alt-Protein Startups

The Dao Foods Incubator has revealed the six startups that have been accepted into its third cohort, furthering Dao’s plan to invest in 25-30 alt-protein companies within three years. The chosen startups are as follows: Liven Proteins: Producing functional protein ingredients from industry sidestreams using precision fermentation. The startup’s first products are animal-free collagen and gelatin. Lohas Foods: A company producing hyper-realistic plant-based seafood using mycelium, novel plant fractions, and clean label additives. NewDay Farm: Developing affordable cultivated pork belly for the Chinese market. ProTi Food Tech: A startup using microalgae to make alt-protein food products. Saint Michael Foods: Creating plant-based foods and beverages made from buckwheat, which are already sold under the BUCK™ brand in North America. Zero Limit: A company producing healthy plant-based …


Founders, James Chang (first from left) and Wang Zhonghui (second from right), image supplied

Company News

China: Geb Impact Technology Joins Dao Foods Incubator & Receives Government Grant For Microalgae Cultivation

Geb Impact Technology Company Limited, a Hong Kong biotechnology company cultivating selected microalgae, has received a grant from the Hong Kong Innovation and Technology Fund (ITF) under the Enterprise Support Scheme (ESS) for a project entitled “All-in-One Euglena by Advanced Fermentation as Main Plant-based Replacement of Meat” with a project budget of $2 million HKD.


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Market & Trends

New Crop Capital Collaborates with Dao Foods International in China

The private venture fund New Crop Capital (NCC) has recently announced a collaboration with Dao Foods International Inc. of China. Dao Foods will act as financial advisor to NCC for acquisition and investment in the Chinese market. New Crop Capital invests exclusively in companies whose products or services replace conventional animal-based foods.