ADM's new alt protein report identifies four focus factors for the sector's growth

Image courtesy of ADM

Company News

Precision Fermentation CDMO ScaleUp Bio Announces First Customers, Signaling Opportunities for Novel Foods in Asia

ScaleUp Bio, Singapore’s pioneer provider of CDMO services for microbial precision fermentation, announces its first customers, including the Australian food tech company Nourish Ingredients.   Established in 2022 as a joint venture company of ADM and Nurasa, ScaleUp Bio provides a pathway from bench-to-market pipeline and facilitates entry into Asian markets and other regions. ScaleUp Bio’s agreement collaboration with Nourish Ingredients will support 10,000 L of fermentation capacity and 100 L of thermal processing. The Australian company will establish in Singapore a strategic Asia Pacific hub for scaling production of its animal-free fat (Tastilux) for plant-based meat and other applications.  ScaleUp Bio has also signed Letters of Intent with US biotech C16 Biosciences, which produces an alternative to the ubiquitous palm oil to reduce its environmental and carbon footprint; the Malaysian plant-based meat …