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Impossible Foods Closes $500M in New Funding Amid Record Growth

25-Nov-2021

California-based Impossible Foods announced today that it has secured approximately $500 million in its latest funding round, led by existing investor Mirae Asset Global Investments with participation from other existing Impossible Foods investors. Impossible Foods is now the fastest-growing ...

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TurtleTree Raises US$30 Million in First Tranche of Series A Funding

10-Nov-2021

TurtleTree has successfully raised US$30 million in the first tranche of their Series A funding, one of the largest investment rounds to date in Asia's cell-based food sector. Rapidly gaining prominence for its novel use of cell-based technology in milk production, the biotech company has now ...

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Perfect Day Raises $350 Million to Expand Consumer and Enterprise Biology Platforms

Company expands executive bench, announces launch in cheese category, and deepens investment across end-to-end business model

05-Oct-2021

Perfect Day, Inc., best known as the creator of the world’s first animal-free milk protein, announced a $350 millionSeries D funding round intended to fuel the company’s expanded focus across biological engineering, ingredient innovation, and consumer products. The round, co-led by Temasek and ...

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Scientists awarded $5 million to boost research into alternative meats

Despite booming commercial interest in alternative meat and the huge climate mitigation potential it offers, funding for academic research lags

28-Sep-2021

Nonprofit The Good Food Institute (GFI) has awarded $5 million in grant funds to 22 leading scientists from around the world, whose research will address the scientific barriers to producing thick, structured, three-dimensional meat made from plants, cultivated from cells, or derived via ...

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GOOD Meat, a Division of Eat Just, Inc., Raises $267 Million, Adds Former USDA Secretary to Advisory Board

23-Sep-2021

Eat Just, Inc., a company that applies cutting-edge science and technology to create healthier, more sustainable foods, announced today that its GOOD Meat division has secured $97 million in new funding, adding to the initial $170 million publicized in May. The overall $267 million fundraise is ...

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AgFunder raises $21m for New Carnivore alt-protein fund from ADM, Alexandria & others

01-Sep-2021

Agrifoodtech VC AgFunder has announced the final close of New Carnivore, its alternative protein fund, on $21 million. The fund was oversubscribed, surpassing its hard cap. ADM Ventures, the VC arm of the global food and commodities company Archer-Daniels-Midland, invested in the fund. Alexandria ...

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Apeel Adds $250M to Accelerate Innovation and Sustainability in Fresh Food Supply Chains

Apeel-protected produce maintains quality and freshness for much longer

23-Aug-2021

Apeel, a food system innovation company recognized as a CNBC Disruptor 50 and one of Fast Company's Most Innovative Companies, today announced $250M in Series E funding led by returning investor Temasek. The company's total funding now exceeds $635 million, with a valuation over $2 billion ...

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Coca-Cola Helps Fuel Atlanta Startup Ecosystem with Investment in Engage Collaborative Innovation and Corporate Venture Platform

10-Aug-2021

The Coca-Cola Company is joining Engage—a collaborative innovation and corporate venture program comprised of Fortune 500 corporations, enterprise startups and research universities—to pursue a shared mission to elevate Atlanta and the Southeast as a leading technology and innovation hub. The ...

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Aleph Farms Completes $105 Million Series B Funding Round

Leader in sustainable, cultivated meat will use funds to scale-up manufacturing and grow operations internationally

09-Jul-2021

Aleph Farms, the cultivated meat company growing steaks directly from non-genetically modified animal cells, has announced the completion of a $105 million Series B funding round. The funding round was led by the Growth Fund of L Catterton, the largest global consumer-focused private equity firm, ...

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Food scientists aim to make plant-based protein tastier and healthier

New journal paper explores the scientific complexities

07-Jun-2021

As meat-eating continues to increase around the world, food scientists are focusing on ways to create healthier, better-tasting and more sustainable plant-based protein products that mimic meat, fish, milk, cheese and eggs. It's no simple task, says renowned food scientist David Julian ...

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