Tag: alt protein
ADM Bolsters its Alt-Protein Business by Acquiring European Soy Major
Archer Daniels Midland Co. (ADM), the Chicago-based food processing mammoth, announced yesterday that it has reached an agreement to acquire Serbia-based Sojaprotein. According to a...
Algal Protein Segment Looks Promising with Growth Pegged at US$1 Billion...
As more and more people are becoming aware of the ecological and physical consequences of eating meat, they are moving towards sustainable plant-based options....
UK-Based Mycoprotein Company Raises US$51 Million Series B Funding
Food tech start-up Enough (formerly 3F BIO) has secured US$51 million in Series B funding led by Nutreco, an animal nutrition and aqua feed...
Unilever Partners With Fungal Protein Company ENOUGH to Expand its Alt-Meat...
Unilever is all set to partner with food-tech company ENOUGH (formerly 3F BIO) to bring new plant-based meat products to market. Using a zero-waste fermentation...
World’s First: Microalgae Meat Makes Commercial Debut in Taiwan
Taiwanese people would be able to get a taste of microalgae meat dumplings during the upcoming Dragon Boat Festival, a traditional holiday which falls...
WWF Invests in UK Startup That Turns Seaweed into Sustainable Protein
UK-based seaweed processing start-up Oceanium recently announced the closing of a Seed II round of funding worth $2.7 million led by Green Angel Syndicate...
Indian Alt-Protein Startup Proeon Foods Selected for MassChallenge Accelerator Program
Indian plant-based protein startup Proeon Foods has been selected by MassChallenge Switzerland for its 2021 Accelerator Program. The company is one of the 97...
World’s Largest Meat Company JBS Acquires Plant Protein Firm Vivera for...
Brazil-based JBS, the largest meat processing company in the world, has announced acquisition of Vivera, Europe's third-largest plant-based food producer, for €341 million. The...
Alt-Protein to Form 5-10% of Global Meat Market in 2030: EY
Consumers around the world are driving innovation in the food systems as demand for more sustainable food sources continues to rise. With the global...
Alt Protein Industry Clocks a Record $3.1 Billion Investment in 2020
In a year that saw the entire world deal with multiple social, environmental, and economic crises, an industry broke all records in terms of...
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Bengaluru-Based Company Making Dairy Without Animals Raises $1.2M in Seed Funding
Founded in Bengaluru in early 2021, Phyx44 is using precision fermentation of microbes to create the full stack — whey and casein proteins and...
