Koralo launches a new mycelium and microalgae fish fillet in South Korea

Image courtesy of Koralo

Algae, Microalgae & Seaweed

8 of the Most Exciting Innovations in Algae

Algae is essential for human life. According to the Scripps Institution of Oceanography, around half of the oxygen produced on the planet comes from it. But beyond sustaining our lives, this diverse group of photosynthetic organisms has the potential to replace animal proteins and fossil fuel-based materials, including plastics and fuel. Additionally, algae can be used to make colorings, food additives, omega-3 supplements, and much more. The algae products market is projected to reach $6.01 billion by 2031, at a CAGR of 7.9% from 2024 to 2031, according to Meticulous Market Research.  Here, we present eight worldwide algae innovations propelling us toward a more sustainable planet: 1. Koralo’s New F!sh – South Korea Koralo, a German fermentation startup based in South Korea, has developed an alt fish fillet — New …

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Umani to launch new seafood made with microalgae

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Meat- and Fish Alternatives

Philippines’ WTH Foods to Launch New Microalgae-Based Seafood Overseas

WTH Foods, a food tech startup based in the Philippines, has expanded into the plant-based seafood category with new frozen microalgae-based products enriched with Omega-3. The company, which already introduced its NPDs in the country, has plans to launch its vegan seafood products — crab cakes and plant-based tuna —  in Europe and South East Asia, reported Food Navigator ASIA. WTH Foods claims its new products use microalgae biomass to deliver seafood flavor and provide DHA and Omega-3. They are said to be clean-label, with microalgae and oil as the main ingredients, 100% fishless, without heavy metals or microplastic. In January, the company launched Umani, a frozen plant-based meat brand made with microalgae, soy, and wheat proteins. The new seafood products join the Umami range, which includes sausages, meatballs, mince, …

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with foods plant-based sausages on a plate

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Products & Launches

Philippines: WTH Foods Launches Frozen Plant-Based Meat Line

WTH Foods, a food technology startup based in the Philippines, has launched a 100% frozen plant-based meat line called Umani. The company claims its NPDs are high in proteins and fibre, free from cholesterol and trans fats, and made using microalgae, soy, and wheat proteins. Based in Manila, the food tech aims to lead Asia’s transition to meat alternatives by innovating with sustainable ingredients and taking inspiration from local flavours. “We have taken the challenge of turning vegetables into something fit for meaty cravings that are healthy and kind to all,” commented WTH Foods co-founder and CEO Carissa Lim. Feeding 10 billion by 2050 WTH Foods was founded in 2019 to help feed the world’s population — set to rise to 10 billion by 2050 …

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WTH Foods

©WTH Foods

Investments & Finance

WTH Foods, Creator of Plant-Based Filipino Dishes, Closes $1.2M Seed Round

WTH Foods announces a raise of USD $1.2million in seed funding, the launch of an R&D facility, and expansion plans to Singapore as well as other markets across Southeast Asia and globally. The company uses over 60 types of plants in the creation of 60 dishes, aimed at the more than 2.2 million Filipinos living away from home. WTH Foods has also developed a new line of products called Unami, featuring plant-based versions of popular Asian processed meats such as sausages and luncheon meat, due for a 2022 launch. Additionally, the company reports it has co-developed a seaweed-based chicken product with Singapore Institute of Technology food scientists. Investors in the round include Big Idea Ventures and Henry Soesanto, CEO of Monde Nissin, a Philippines based …

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