A vegan whole-cut

©Rival Foods


Rival Foods Raises €6M for High Tech Vegan Whole Cuts

Rival Foods, a company dedicated to plant-based whole cuts, recently announced the completion of its €6M Series A funding round. The raised funds will be invested in developing new formulations with next-generation protein sources, scaling up its technologies, and expanding its operational capabilities.   Based in the Netherlands, it was founded in 2019 by Birgit Dekkers and Ernst Breel as a technology spin-off company from Wageningen University & Research. Rival Foods’ aim is to develop plant-based whole cuts and future products using new technologies and processes. Rival Foods claims that by developing technologies, equipment, processes, and product compositions, it can make plant-based whole cuts that deliver the same fibrous texture, rich mouthfeel, and juiciness experience of an animal cut. Its processes also can turn a wide …


Advanced Protein Technologies

©Advanced Protein Technologies

Investments & Finance

Roquette Backs South Korea’s Advanced Protein Technologies in €15M Funding for Human Milk Prebiotics 

South Korean biotech company Advanced Protein Technologies (APTech), has secured a new funding round totaling €15 million for its development of Human Milk Oligosaccharides (HMOs). The funding included backing from French ingredient giant Roquette’s investment arm.   A producer of new prebiotics, APTech is developing technology for the production of more HMOs found in higher concentrations than in human milk. Leading international food companies include HMOs in their infant formula and baby food owing to its various proven direct health benefits, with the HMO annual market potential currently forecast at $1.5bn for 2026.  The equity was raised from new and existing investors including Roquette Ventures and will be used to commercialize APTech’s HMOs which have recently been authorized by the US Food and Drug Administration as …