Eighth Day Foods Raises $1 Million for Lupin-Based Protein
Australian alt-protein company Eighth Day Foods has raised $1 million in seed funding for its lupin-based protein LUPREME®. The raise was completed in just two days. LUPREME is made from unprocessed sweet lupins, which are a rich source of protein, fibre, and other nutrients. Highly versatile, the protein can be used to make a variety of meat alternatives and is significantly cheaper to produce than meat. Lupins are also extremely sustainable, helping to regenerate the soil as they grow. Currently, 95% of lupins grown are not used for human food, but some of these could be redirected to meet demand. Recognition and awards Eighth Day’s lupin-based protein has already received the seal of approval from Scott Findlay, a plant-based chef who has worked for numerous …
