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December 03, 2020
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Gaia Foods
Company Snapshot | March 30, 2021
The company was founded by Dr. Vinayaka Srinivas and Dr. Hung Nguyen, who met as researchers at Duke‑NUS Medical School. To date, the company has raised approximately $125,000 in funding from Big Idea Ventures (BIV); the company was part of BIV's Singapore accelerator program in 2020. The company ... Not part of subscription
Making dairy in plants: Miruku emerges in a crowded marketplace with big ambitions, but are they too late?
News Commentary | March 24, 2022
After raising USD 2.4 million, Miruku is taking a different approach to the dairy alternative market by using plant cells to produce animal‑derived proteins, sugars, and fats. Considering the disparity between the use of plant cells instead of microbes for the expression of high‑value ingredients, ... Not part of subscription
Beyond Meat sees another tumble after Q1 figures released
News Commentary | May 13, 2022
Beyond Meat's Q1 2022 metrics show the plant‑based meat producer reporting a USD 100.5 million net loss. CEO Ethan Brown seemed to blame the expensive launch of its plant‑based jerky line in conjunction with PepsiCo during its earnings call earlier this week. Although this may have been a factor, ... Not part of subscription
by Thomas Hayes
In a major milestone for the cell-based meat space, Singapore granted approval to Eat Just's cell-based chicken. As part of the approval, Eat Just conducted 20 production runs in 1,200 L bioreactors. While Eat Just can now legally sell the cell-based chicken in Singapore, no details were revealed in terms of when it actually intends to do so (but likely soon) or at what price. Clients should also note that Singapore is a small market; thus, larger countries will need to remove regulatory barriers to unlock a mass market. Although still modest in size the next two likely to follow Singapore are Israel and Japan. Regardless of where, expect more approvals to occur as cell-based meat draws closer to becoming a commercial reality.
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