Shanghai

the Chinese startup will launch the 70/30 Mycelium Research Lab, located within a renowned biotech startup incubator,

© 70/30 Food Tech

Cultivated, Cell-Cultured & Biotechnology

70/30 Food Tech to Launch Mycelium Research Lab to Create Affordable Proteins for Asia

Shanghai-based 70/30 Food Tech, a 100% plant-based ready meal company and a producer of plant, fungi, and mycelium-based ingredients, announces that it has completed a seed-extension fundraising round (the raised amount has not been disclosed). With the funds, the Chinese startup will launch the 70/30 Mycelium Research Lab, seemingly located in Bangalore, India, within a renowned biotech startup incubator to develop cost-effective fungi-based biomass ingredients for alternative meats. With this expansion, the startup will have a presence in two important Asian markets. According to the press release, the funding round received strong backing from investors, with participation from Better Bite Ventures and support from previous seed investors. “We believe that mycelium-based sustainable protein products can be a gateway to broader consumer adoption in Asia, especially given …

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Changing Bio's parmesan cheese made with microbial protein

Image courtesy of GFI
Fermentation

Changing Bio Launches China’s First Range of Microbial Protein Dairy Alternatives

After winning the Sustainability Innovation Award at BEYOND Expo 2023 in Macau, Shanghai-based Changing Bio officially debuted the company’s first line of alt dairy products made with a microbial protein derived from yeast dubbed Kluvy at the 25th annual Bakery Expo in Shanghai.  At the event, the company’s new ChangingPRO line, including whipped cream and a low-fat parmesan powder high in protein and probiotics featured the novel protein Kluvy mixed with plant-based ingredients. Other products used the novel protein but mixed with conventional dairy. Kluvy, considered a complete source of protein with a PDCAAS score of 1, is a domesticated strain from a bacteria discovered in Shangri-La, a famous town at the southeastern edge of the Qinghai-Tibet Plateau.  “There are 10,000 billion species of microorganisms that coexist …

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Beyond Meat pork

©Beyond Meat

Company News

Beyond Meat Announces Cutting-Edge Innovation Hub in Shanghai

Beyond Meat has finalized the lease for a “state-of-the-art” innovation hub in Shanghai, marking its first dedicated R&D facility outside of the US, as the plant meat giant expands its focus in the APAC region. The facility is expected to open in the first half of 2022. In September 2020, Beyond Meat first announced the agreement with Jiaxing Economic & Technological Development Zone (JXEDZ) to bring the production of plant-based meat to the Chinese market, and in April 2021 unveiled the Shanghai production plant, becoming the only multinational company in alt mear production to establish its own production facility in China. Beyond Meat, products are widely available in Starbucks China, and in May of this year, the company announced that spicy “beef” wraps made with …

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Veggieworld Shanghai

©Veggieworld Shanghai

Interviews

Veggieworld Shanghai: “Our Goal is to Build a Professional Trading Platform for the Global Plant-based industry in China”

VeggieWorld Shanghai took place at the Shanghai Exhibition Center in September 2020 as the first offline trade fair for plant-based & sustainable businesses after the pandemic in China. Nearly 100 leading plant-based and sustainable brands from 18 countries and regions showcased their latest products, technologies and services at that time, and nearly 8,500 visitors gathered information and made new contacts at the three-day event. Thanks to last year’s success and also due to the fact that the Chinese market for plant-based product alternatives continues to grow strongly, VeggieWorld will expand significantly in 2021 to accommodate even more exhibitors. This year’s event, which will again be held at the Shanghai Exhibition Center from 27.08 – 29.08, will be accompanied by an attractive supporting programme consisting of …

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Wrap & Roll Haofood

©Haofood
Products & Launches

Haofood’s Pioneering Peanut-Based Chicken Today Launches Into Shanghai Restaurants

Haofood, a graduate of the fifth ProVeg Incubator programme, is pioneering the usage of peanut protein as a key ingredient in plant-based meat, using its own proprietary extrusion technology and formulation. Founded in 2020, the startup today announces the launch of its peanut chicken into five Shanghai restaurants, as part of its mission to make eating good food forever possible. “We all know eating meat is less sustainable, but it’s an important part of so many traditional menus,” Haofood’s CEO, Astrid Prajogo, explains. “So plant-based meat is one one of the ways to preserve this, because we can continue our culinary heritage but also respect the Earth.” The five restaurants using Haofood’s products to revitalise their cultures’ dishes are Green Friday (Xujiahui Station), Topolino (Changping …

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Beyond-Pork-Hero

©Beyond Meat

Company News

Beyond Meat’s Cutting Edge Facility is Unveiled in Shanghai to Serve China’s Growing Plant-Based Market

Following the announcement last September that Beyond Meat was to open a production facility in China, marking its first manufacturing facility outside the US, Beyond today announces the unveiling of the new facility in the Jiaxing Economic & Technological Development Zone (JXEDZ) near Shanghai, making it the only multinational company focused solely on plant-based meat production to open its own production facility in China. Beyond Meat will also be opening its first owned manufacturing facility in Europe later this year. The announcement comes just one year after the company first entered mainland China through a nationwide partnership with Starbucks China. The facility will produce Beyond Pork, its first innovation created specifically for the Chinese market, as well as beef and poultry products. The facility will also …

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David Yeung

Green Monday founder David Yeung, image supplied
Company News

Omnipork Partners with ALDI China, Launches 5 New Vegan Ready Meals in Shanghai

Following a line of successful developments from Omnipork, whose parent organisation Right Treat recently rebranded to Omnifoods when it launched the world’s first vegan SPAM product, the pioneers now announce another advancement for plantbased industry in Asia, with a partnership with discount retailer ALDI.

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