Heme

HN Novatech has secured funding to commercialise its flagship seaweed-extracted heme for plant-based meat

© HN Novatech
Investments & Finance

HN Novatech Secures $4 Million for Seaweed-Extracted Heme Meat Alternatives

South Korean food ingredient company HN Novatech announces it has secured $4 million in a Series-A bridge round to commercialize its flagship ingredient ACOM-S, a seaweed-extracted heme for plant-based meat applications. The round was led by VC Logan Ventures, which said it was partnering with HN Novatech to meet the global demand for clean-label meat alternatives. HN Novatech focuses on developing healthy, sustainable, and cutting-edge food ingredient alternatives and has filed 19 patents to date. It claims to be the first company in the world to extract heme-like molecules from seaweed and develop meat alternatives, such as burger patties (Korean BBQ beef), bulgogi, and sausages. Last month, in an event organized by the Singapore Tembusutech Innovation and KILSA Global, HN Novatech launched its seaweed-extracted heme for …

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Motif Plant-Based Burger

©Motif FoodWorks
Politics & Law

Motif Obtains Examination Before US Patent Office in Impossible Foods Dispute

The US Patent and Trademark Office announced on Friday that it will initiate inter partes proceedings (IPR) on patent 9,943,096 B2 claimed by Impossible Foods. The US agency’s decision initiates an administrative proceeding on the validity of one of Impossible Foods’ key patents, which is expected to take about a year. Motif FoodWorks had sought reexamination of the patent after Impossible Foods sued Motif in federal court last year, alleging that the company had infringed patent rights in its use of the heme ingredient to make plant-based meat substitutes. In Friday’s PTAB decision, Administrative Patent Judge Donna M. Praiss wrote that Motif “has demonstrated a reasonable likelihood of prevailing on at least one claim of the ‘096 patent, and we are instituting an inter partes …

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Paleo founders

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Cultivated, Cell-Cultured & Biotechnology

Paleo Considers Legal Action Against Vow Regarding the Mammoth Meatball

Belgian precision fermentation firm Paleo announces it is considering legal action against Vow, an Australian cultivated meat company, for claiming that mammoth myoglobin protein is Vow’s invention, “while knowing that the technology (mammoth myoglobin) was already developed two years ago by Paleo, with patent applications ongoing.” Paleo develops animal-free heme proteins as ingredients for the alt meat sector. It focuses on producing myoglobin, a heme protein found in animal muscles. In July 2022,  the company released six new non-GM proteins: chicken, beef, pork, lamb, and tuna proteins and new variations of its mammoth protein, as part of the species extinct in the wild. “Our breakthrough in creating myoglobin for mammoth – and also beef, lamb, tuna, chicken, and pork — was significant and took hard work to bring about,” states …

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Motif FoodWorks Burger with HEMAMI

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Company News

Motif FoodWorks Partners with IngredientWerks to Explore Creating Animal-Free Heme From Corn

Food tech startup Motif FoodWorks announces it is partnering with IngredientWerks, an agtech ingredients company, to develop high-value plant-based proteins for the alt-protein market. Through the research partnership, the two companies say they will explore new ways to optimize heme protein production through molecular farming.  According to Motif, the partners have begun an exploratory study aimed at recreating Motif’s HEMAMI™ ingredient using corn. HEMAMI is used to give plant-based meats the same flavor and aroma as animal-based meat, and is said to be bioidentical to the bovine heme protein found in beef. IngredientWerks will aim to produce Motif’s HEMAMI using broad-acre crops such as corn. If successful, Motif says enabling crop protein production in its ingredient strategy will lower both production costs and the carbon footprint …

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Paleo's animal-free heme proteins for plant-based foods

© Paleo
Investments & Finance

Paleo Raises €12M to Produce Animal-Free Heme for “Real Taste” Plant-Based Foods

Brussels-based precision fermentation firm Paleo, which aims to be a functional ingredient supplier for the alt protein sector, has raised €12 million in a Series A funding round to scale up the production of animal-free heme proteins and help manufacturers bring the “real taste” of meat to plant-based foods. Paleo focuses on producing myoglobin, a heme protein found in animal muscles that, when added to plant-based alternatives as an ingredient, replicates meat’s colour, smell, taste, and aromatic experience, providing iron and thus an increased nutritional value.  DSM Venturing and Planet A Ventures led the investment round, joined by Gimv, SFPIM Relaunch, Beyond Impact, and Siddhi Capital. GM-free heme proteins The Belgian food tech claims to be the first company to produce bioidentical GMO-free heme proteins of …

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