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Investments & Finance

Agronomics’ Good Dog Food Raises £3.6M to Replace Slaughtered Meat in Pet Food

Launched in March 2022 by Agronomics and Roslin Technologies, cultivated pet food company Good Dog Food (GDF) has raised £3.6 million in a seed financing round.  Agronomics (ANIC:LSE), the UK’s leading biotech VC, announced its participation in the round with a £1 million investment. It now holds 8,768 shares in GDF, representing 42.4 percent of the company.  Siddhi Capital, an investor in innovative food products, and other private individuals also participated in the seed round. Executive Director of Agronomics, Jim Mellon, backed the London-based pet food company with £300,000 becoming a 2.99% shareholder. Revolutionizing the pet food industry Owen Ensor, CEO of Good Dog Food, said: “We’re extremely excited to work with Agronomics. Their industry-leading expertise and advice have been fundamental to the ongoing success of Good Dog Food. …


Plantbased Business Hour

Billionaire Investor Jim Mellon: ‘The Dairy Industry Will Completely Blow Away’ on The Plantbased Business Hour

Investor and Author of Moo’s Law: An Investor’s Guide to the New Agrarian Revolution, Jim Mellon, joins Elysabeth Alfano on The Plantbased Business Hour to discuss his vision for the global shifting food supply chain. Jim and Elysabeth discuss, Jim’s strong support for cultivated meat, How long will it be for cellular meat to A) get to market with B) griddle parity? Will there be carbon pricing? How are the companies being valued? Will most companies be bought by meat companies, the emerging vegan Unilevers or go IPO? Who should fund research: governments, public markets, or private markets? How does the Agrarian Revolution play out for farmers and jobs? Will the consumer get on board with tech in their food? Bugs as a novel protein source. …



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Guest Posts

Sponsored Post

Future Proofing Our Food System, by Katie Briefel

How do we sustainably grow food to meet future demand? This was the key question for policymakers and business leaders at the UN’s Food, Agriculture and Livelihoods event in Dubai last week. With the human population set to reach almost 10 billion by 2050, and precious resources such as water and land dwindling, reshaping the future of our food has never been more important. The meat industry produces 44% of global anthropogenic methane emissions, is a significant driver of deforestation worldwide and produces double the waste created by the entire human population. Despite this, the average per-capita consumption of meat globally is increasing. Is it inevitable that such a system with meat consumption at the forefront will remain the incumbent? Or are we shifting towards …


Onego Bio Ltd team

Christopher Landowski, Maija Itkonen and Jussi Joensuu ©Onego Bio Ltd

Egg Alternatives

Finland’s Onego Bio Raises €10M Seed Funding for Vegan Egg White Biotech 

Onego Bio Ltd has raised €10 million in seed funding to commercialize its breakthrough technology to produce egg white without chickens. The cellular agriculture startup is the latest spin-off from the VTT Technical Research Centre of Finland and offers a vegan alternative to one of the world’s most used animal proteins. “They have the potential to produce bioalbumen at an industrial scale and at a price point that is competitive with conventional egg production” – Jim Mellon, Agronomics  The Finnish biotech Onego Bio has developed bioalbumen – an animal-free egg protein, using commercially proven Trichoderma technology. The vegan egg white is produced with a specific precision fermentation process that creates identical egg white protein without the need for animals. The startup announces the successful closure of …