The brand new factory will enable the largest-scale manufacture and distribution of plant-based meat across Europe to date. Producer Plant & Bean says that an ‘ecosystem of collaborative innovation’ with industry leaders will achieve breakthroughs in cost and quality of plant-based meat. Plans for further plants in USA and Asia are also afoot.
Report Finds Boston Could Become One of the Leading Centers for Food Technology
According to a study by the Friedman School of Nutrition Science and Policy at Tufts University, food tech companies are increasingly choosing to locate in the greater Boston area. The report also finds that 70 foodtech companies raised more than $8 billion in capital between 2019 and 2022. The Food and Nutrition Innovation Institute (FNII) report, titled Boston Foodtech 2023, highlights Boston as a leader in this growing field, with 138 food tech companies, 14 organizations and more than 13,000 employees. The region is positioned to attract and retain top talent because the number of STEM graduates in Massachusetts is greater than any other state. World-class cluster “This world-class cluster is seeded by Boston’s strong ecosystems in related industries, especially biotech, robotics, software, and data …