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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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JBS is entering the cultivated protein market

The investments total US$100 million

22-Nov-2021

JBS, the largest global protein company and the world's second-largest food industry, has entered into an agreement to acquire control of Spanish company BioTech Foods.The deal signals the company's entry into the cultivated protein market, which consists of producing food from animal cells and ...

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Mondelēz International’s SnackFutures Opens Applications for CoLab 2022 Start-Up Engagement Program

Recruiting mission-driven start-up snack brands committed to a positive impact on social, environmental and human well-being

11-Nov-2021

SnackFutures, the Mondelēz International, Inc. (Nasdaq: MDLZ) innovation and venture hub, today announced the opening of applications for itsCoLab 2022 class. The second year of the start-up engagement program will specifically focus on mission-driven brands that can demonstrate their commitment ...

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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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ProFuse Technology received $1.25M from Fresh Start FoodTech Incubator

The company's technology, which stems from research conducted at the Weizmann Institute of Science, is based on the optimized differentiation and fusion of muscle cells, which enhances the production capacity of cultured meat and reduces its price

27-Oct-2021

ProFuse Technology was established by Fresh Start FoodTech in the north of Israel, is supported by The Israeli Innovation Authority, and is operated by the Tnuva, Israel's leading food company, Tempo, a leading beverage company, OurCrowd's investment platform and the global Agrifood VC, Finistere ...

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Novo Holdings Leads US$21M Series A Financing in BIOMILQ

Funds will be used to support the development of pioneering mammary biotechnology to bring a novel infant feeding option to market that better meets infants' nutritional needs

21-Oct-2021

Novo Holdings, a leading international life science investor, today announces it has led the US$21 million Series A financing in BIOMILQ, Inc. ("BIOMILQ"), a first-of-its-kind mammary biotechnology company. BIOMILQ is developing a novel infant feeding option, derived from human mammary cells, to ...

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A Collective Led By Ashton Kutcher And Guy Oseary Announced Today It Is Partnering With Cultivated Meat Leader MeaTech

11-Oct-2021

A collective led by Ashton Kutcherand Guy Oseary, together with leading strategic players such as Effie Epstein,announced today it is partnering with cultivated meat leader MeaTech 3D Ltd. to accelerate MeaTech's growth in developing and commercializing MeaTech's proprietary cultured meat ...

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TurtleTree Launches New Research and Development Facility in Greater Sacramento

07-Oct-2021

TurtleTree has officially opened its new R&D facility in California's state capital. Located in West Sacramento, this 24,000-square-foot building will house a world-class research hub showcasing the company's extensive array of innovations and cell-based technologies. Representing a milestone in ...

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Support sustainable, cultivated meat or lose £2.1bn economy boost, government warned

Industry could also create 16,500 jobs by the next decade, Oxford Economics finds

05-Oct-2021

The UK risks missing out on a £2.1bn windfall if it delays giving the green light to Britain’s emerging cultivated meat industry, according to a report issued today. The new figures reveal the sector is also primed to provide up to 8,300 new highly-skilled UK jobs – with the same again generated ...

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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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