News Commentary | April 29, 2019
Clara Foods (Lux Take: Monitor) has raised an undisclosed amount of funding in a Series B round led by Ingredion. It also announced a development and global distribution partnership with Ingredion for commercializing its animal‑free egg white proteins. While this fundraising round was announced ... Not part of subscription
News Commentary | December 06, 2019
Led by Manna Tree Partners and joined by previous investor Open Prairie, the Series C increases Nutriati's funding total to $26 million. Nutriati will use the funding to broaden the application of its plant‑based ingredients – it plans to launch a chickpea milk by the end of 2019 – and scale ... Not part of subscription
News Commentary | December 13, 2019
The funding comes just a few weeks after the company announced it is expanding into dairy fats. While this event is a win for cellular agriculture, it underscores the capital‑intensive nature of scaling the production approach. As a reference, the most highly funded plant‑based dairy company, Ripple... 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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