Salmon Filet

©New School Foods

Investments & Finance

Canada’s New School Foods Raises $12M to Scale Whole-Cut, Raw Plant-Based Salmon

Plant-based seafood producer New School Foods announces it has raised $12M in seed funding for its proprietary, scalable technology that can produce “raw” whole-cut fish alternatives. Beginning in 2023, the company will launch its whole-cut salmon through a chef-only pilot program in North America.  According to New School, the overall alt-protein industry has not yet fully tackled its greatest opportunity: whole cuts, which represent a majority of meat sales in North America. New School notes that whole cuts involve many complex structural challenges such as texture, connective tissue, muscle fibers, and other macrostructures that exist in animal proteins.  To resolve this, New School Foods CEO Christopher Bryson invested heavily in academic R&D projects for three years with leading food science universities. Through his work, Bryson …

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© Kindness

Meat- and Fish Alternatives

Thai Startup Kindness Exports to 25+ Countries With 4000t Annual Output

Kindness is a plant-based food tech startup based in Thailand, with a fun tagline, “Let’s go Beyond the Impossible,” tipping its hat to its biggest international peers. Kindness offers ready plant-based formulas and product development and plant protein consultancy to brands and manufacturers that “desire to innovate within the vegan protein space.” With 30 years of combined experience in plant-based food production, Kindness claims its R&D team has developed 300-ready formulas using soy, wheat, konjac, and pea protein, which other companies can leverage to expand their current CPG offer or develop innovative products. A non-animal-derived diet Founded by Mike Yang, the Thai startup aims to develop high-quality, plant-based foods at a competitive cost to propel consumers’ adoption of a non-animal-derived diet. With the brand’s plant-based formulas, …

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Plant-Based Fried Shrimp

©The ISH Company

Investments & Finance

The ISH Company Raises Over $5M in Oversubscribed Round to Accelerate Plant-Based Shrimp and More

Alt-seafood startup The ISH Company announces it has raised more than $5 million in seed funding to accelerate growth and development of its plant-based seafood products. The oversubscribed round was led by ACCELR8, with participation from Stray Dog Capital, and multiple angel investors. The funds will primarily be used to propel the company’s market launch, create more innovative products, and lay the groundwork for future partnerships.  ISH, whose name stands for Innovative, Sustainable, and Healthy, produces a range of plant-based seafood made from natural ingredients such as green coconuts and algae. Its flagship product, Shrimpish®, is a premium, more sustainable alternative to shrimp that launched in select US restaurants, colleges, and universities in early 2022.  “The plant-based market has seen incredible growth over the past …

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Boldly Fish

©Boldly

Products & Launches

Aiming to Disrupt Global Seafood, Boldly Debuts With Plant-Based Calamari, Sashimi, Crab Sticks and More

Boldly, a new plant-based foods brand, announces the upcoming launch of its 100% vegan seafood line, featuring salmon and tuna sashimi, calamari, shrimp, crab sticks, and white fish filets. The range will initially launch through US restaurant and food service partnerships in Summer 2023.  Bringing diversity Created to disrupt the $600Bn global seafood industry, Boldly states its products use cutting-edge innovation to deliver the same taste and texture as animal-based seafood.  As the public becomes more aware of the dire threats facing the world’s oceans, such as overfishing, plastic pollution, and heavy metal contamination, more consumers than ever are looking to balance their seafood intake with plant-based alternatives. Boldly’s new seafood line, which features konjac root as a core ingredient, is intended to create a …

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