UK supermarket chain Sainsbury’s has added several new products to its Plant Pioneers range for the festive season. Among them is a maple-glazed plant-based gammon joint which appears to be a market first.
Novameat Secures €17.4M in Oversubscribed Round, Launches Improved Shredded Plant-Based Beef
Barcelona’s Novameat, a B2B company specializing in different cuts of plant-based chicken, beef, and turkey, announces it has raised €17.4 million in an oversubscribed Series A round led by Sofinnova Partners and Forbion via its BioEconomy Fund. Existing investors like Unovis Asset Management, Praesidium, and Rubio Impact Ventures also reinvested, betting on the company’s realistic alternatives to meat. The new capital will allow Novameat to expand its product range, including the launch of a new, improved shredded plant-based beef product — Shredded Nova-b*ef — on September 16th. The funds will also help boost commercial activities in new regions and scale production using its proprietary MicroForce technology. Giuseppe Scionti, CEO and founder of Novameat, commented, “This funding marks a significant milestone in our journey, and we …