Dutch start-up FUMI Ingredients aims to beat the competition in the egg replacement market with its vegan egg whites. By upcycling used beer yeast from breweries, FUMI have created a tasteless, non-GMO, allergy friendly egg white replacer.
Umami United Secures Funds to Develop Egg White Replacer, Bringing Total Raised to JPY 240M
Japanese food tech company Umami United announces the closure of a Pre-Series A round as Japanese interest in egg alternatives continues to thrive. The round was led by Beyond Next Ventures, a VC supporting early-stage entrepreneurs across Japan and India. Genesia Ventures, a Tokyo-based investor focusing on sustainability, also backed the food tech in this round. The total investment that Umami United has received to date is JPY 240 million. Headquartered in Singapore, Umami United develops plant-based eggs for the food industry. The company claims its product replicates the sensory attributes and functionalities of eggs, offering multiple applications for prepared foods and confectionery goods. With the new capital, the company will increase its R&D capabilities to develop an egg white replacer for the bakery and confectionery …