US food-tech company Motif FoodWorks has raised a huge $226 million in its Series B funding round. The round was led by Ontario Teachers’ Pension Plan Board, along with funds and accounts managed by BlackRock.
Motif FoodWorks Announces First Consumer Launch of Motif BeefWorks™ Burger Patties Featuring APPETEX
Boston-based Motif FoodWorks announces it has launched its second food technology ingredient, APPETEX™, for large-scale commercial distribution. Described as a “breakthrough” ingredient, APPETEX is said to enhance the texture of plant-based foods by providing the unique springy and juicy chew found in animal meat products. To enable consumers to taste the benefits of APPETEX, Motif will offer its first finished products, Motif BeefWorks™ Plant-Based Burger Patties, to consumers beginning in April. According to Motif, APPETEX (a combination of “appetite” and “texture”) is an edible plant-based hydrogel that is capable of recreating the bite associated with animal connective tissue. While plant-based proteins like texturized soy or pea protein can mimic the fibrous structure of meat, Motif says, these ingredients fall short in creating the springy “chewdown” …