News Commentary | April 28, 2020
Temasek, which has been a major funder to Impossible Foods, led the round. The funds will be used to establish an R&D center by Q1 2021 and take an equity stake in Israeli startup ChickP. Growthwell also plans to develop both meat and dairy substitutes using ChickP's 90% chickpea protein isolate... Not part of subscription
News Commentary | November 12, 2020
This Series A round was led by Novo Holdings, joined by Roquette Ventures and Unovis Asset Management, and will help the Dutch startup to focus on R&D as well as scale up production of its mycoprotein ingredient "Fermotein." It hopes to commercialize Fermotein upon regulatory approval by 2021 in... To read more, click here.
News Commentary | January 13, 2021
The round was led by PeakBridge VC and joined by Minrav, Arancia, and other investors. Qualitas Health grows algae in open raceway ponds to produce omega‑3 supplements (under the iwi brand). The company will use the funding to further its sales, research, and clinical testing efforts and accelerate ... Not part of subscription
by Thomas Hayes
CPT Capital led the round, with Germany poultry company PHW Group also participating. Redefine Meat (formerly Jet-Eat) will use the funding to complete the development of its 3D printer system, scheduled for release in 2020. This comes within a week of the funding announcement for NovaMeat. Redefine Meat and NovaMeat are two of the three developers specifically targeting 3D printers for plant-based meats; the other is SavorEat. Much like 3D printing of food in general, this approach is only suitable for low-volume/high-value applications. Given that 3D printing of plant-based meats is essentially a niche within a niche, we do not recommend that clients engage with this space.
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