GrubMarket, a San Francisco-based food supply chain e-commerce company, has raised $200m in a Series E funding round, bringing its total valuation to over $1.2bn.
Parents are constantly looking for snacks that meet both the nutritional needs, and oftentimes, the picky palates of their child. Brands that can effectively meet both these fundamental demands are best positioned to win in the competitive landscape of...
When it comes to proteins, says Christian Koolloos, chief business development officer at Dutch startup The Protein Brewery, boring is good. In fact, the blander the better: “Fermotein [his firm’s fermented fungi protein] is extremely boring in its profile...
Michroma – a startup building a production platform for natural food colors from fungi – has advanced to pilot-scale production of a heat-stable vibrant red colorant it claims can give synthetic dyes a serious run for their money when it comes to performance...
Beyond Meat CEO Ethan Brown urged analysts to “differentiate between short term variability on the one hand, and ongoing strong progress toward a long term vision of becoming tomorrow's global protein company on the other,” during the plant-based...
Bobo’s is embarking on a major capacity expansion to meet demand for its baked oat bars, bites, and toaster pastries, with a new ‘mega-bakery’ facility set to open in summer 2022 in Loveland, Colorado, that will consolidate manufacturing and warehousing...
'Animal-free’ protein startup The EVERY Company - has teamed up with cold-pressed juice brand Pressed to road test its highly soluble, "nearly invisible" egg protein EVERY ClearEgg, its second product produced via precision fermentation...
The Real Good Food Company is aiming to become a major player in the frozen foods category with its line of comfort foods that many consumers crave but with the nutrition credentials (low-carb, low-sugar, and high-protein) that could help change the health...
“A lot of cricket protein products seem to be bars and powders targeted at 18-35 year old males that are into mountain biking,” observes Shelby Smith, founder of Iowa-based edible insect startup Gym-N-Eat Crickets. “But in my experience, having interacted...
Edible insects were always going to be a slow burn in the alternative protein market in Europe and North America, given the ‘ick’ factor and the lack of infrastructure to farm and process them at scale, says Israeli firm Hargol FoodTech. But while the...
GoodPop Frozen Pops is targeting a growing consumer segment frequenting the frozen novelties aisle in search for products that can serve as a permissably indulgent snack or treat.
Brazilian plant-based meat brand Future Farm (Fazenda Futuro) has raised $58m in a Series C round led by BTG Pactual and supported by Rage Capital, bringing its cumulative funding to $89m as it builds its presence in international markets.
Protein snacks company IWON Organics recently closed a $1m financing round from friends and family, helping to fuel the brand's evolution into becoming an organic legume-based foods company with products that span across salty snacks, cereal, and...
Six weeks after the publication of an article arguing that cell-cultured meat faces “intractable technical challenges at food scale,” industry pioneer UPSIDE Foods has opened what it claims is the “most advanced cultivated meat production facility in...
On a long-term mission to become the world's leading food solutions group, HelloFresh continues to register strong year-over-year growth in revenue and in key performance metrics including order rates, and active customer acquisition.
Fresh Bellies has pivoted away from its original line of HPP fresh baby food and refocused its resources and efforts on the kids snacking category, a decision CEO and founder Saskia Sorrosa says has put the brand on the map in a big way.
Aspire Food Group - which is on a mission to automate and professionalize edible insect farming – aims to start production at a CAD $90m 100,000sqft automated cricket processing facility near London, Ontario, in Q1/Q2 of next year that will produce 10,000...
Plant-based online retailer Vejii Holdings has received conditional approval for public listing on the Canadian Stock Exchange (CSE) under the symbol “VEJI” once a commencement date of trading is confirmed.
Swedish keto-friendly brand Nick’s – which entered the US in late 2019 with low carb light ice cream pints and has since expanded into ice cream sandwiches and keto snack bars – has raised $100m in a Series C round led by Kinnevik, Ambrosia Investments...
Plant-based foods brand Tattooed Chef has entered into an agreement to acquire Ohio-based Belmont Confections, a private label co-manufacturer of nutrition bars, for approximately $18m in cash and stock.
Chicago-based startup Aqua Cultured Foods – which is carving out new territory in the seafood alternatives space with a Non-GMO fermentation-based production platform capable of delivering high-protein ‘whole cuts’ of fungi-based seafood - has closed...
Shiru - an Emeryville, CA-based startup producing proteins via microbial fermentation to create label-friendly alternatives to everything from methylcellulose to gelatin and casein - has closed a $17m Series A round* led by S2G Ventures that will help...
With an eye towards identifying technologies and innovations that “exemplify the new food economy” by offering scalable solutions that increase nutrition with minimal environmental impact, FoodBytes! by Rabobank has winnowed down from 45 global startups...
Above Food, a vertically-integrated plant-based foods company, has entered into an agreement to acquire Atlantic Natural Foods and its portfolio of shelf-stable, plant-based food brands Loma Linda, TUNO, and Neat for an estimated $30m.
Back in 2013/14, no food innovation conference was complete without at least one session promoting edible insects as the next big thing in ‘alternative protein.’ Since then, the field has become littered with the corpses of bug-fueled startups that ran...
BIOMILQ – a North Carolina-based startup culturing human mammary cells that lactate – has closed an oversubscribed $21m series A round to support its ambitions to bring cell-cultured human milk to market.
Berkeley-based startup Mission Barns – which has developed a platform to cultivate fat from animal cells, outside of the animal - has teamed up with gourmet sausage maker Silva Sausage Co to produce hybrid sausages combining cell-cultured fat and plant...
A consumer study funded by Israeli startup Future Meat Technologies suggests US consumers are surprisingly open to cell-cultured or ‘cultivated’ meat (from animal cells grown outside an animal), although the firm acknowledges the true test will come when...
Online food marketplace BUBBLE – a fast-growing platform enabling new and emerging natural food brands without the bandwidth to set up DTC operations seek new routes to market – has launched a self-service platform enabling vendors to get approved and...
Indoor farming pioneer AeroFarms and Spring Valley Acquisition Corp., a publicly traded special purpose acquisition company (SPAC), have mutually agreed to terminate a previously announced agreement to take the company public.
AgTech startup Pivot Bio, which is retooling bacteria in soil to more effectively convert nitrogen from the air into food – eliminating the need for synthetic nitrogen fertilizer – is taking its sustainability message directly to consumers with the launch...
As Vejii prepares to go public on the Canadian Securities Exchange (CSE) in the coming weeks, co-founder and CEO Kory Zelickson shares how the company is leveraging its data and consumer insights to create the best plant-based shopping experience for...
Can we reverse engineer every dairy product and rebuild it with plants, molecule by molecule, or are there some applications such as yogurts or cheese where plants just don’t deliver the taste, functionality, or nutrition consumers are looking for?
PURIS - a key supplier of pea protein to Beyond Meat – has opened a new facility in Dawson, Minnesota that more than doubles its production capacity, and cements its position as the leading supplier of pea protein in North America.
Oishii, a vertical farm growing Japanese Omakase berries sought after by Michelin star chefs for their unrivaled sweetness, has opened its second indoor growing facility in Los Angeles.
Singapore-based startup Next Gen Foods is gearing up to enter the burgeoning plant-based chicken category in the US next year following a successful debut in restaurants in Singapore, Hong Kong, Macau, Kuala Lumpur, and the UAE.
Cauliflower-fueled startup Outer Aisle Gourmet has accused bakery giant Bimbo Bakeries USA of a “behind-the-scenes ambush,” which it claims prompted Amazon to delist its fast-growing cauliflower sandwich thins just as Bimbo was preparing to launch its...
Israeli firm InnovoPro – which recently launched a US subsidiary in Chicago – has unveiled a textured vegetable protein (TVP) combining chickpea and pea protein that it claims will enable food manufacturers to expand the ingredient toolbox for plant-based...
Hormel Foods is dipping its toes further into the meat alternatives space via its venturing arm 199 Ventures, which is teaming up with The Better Meat Co. to bring new products to market featuring the latter’s Rhiza mycoprotein ingredient, a filamentous...
Square Baby, a direct-to-consumer baby food company offering veggie-forward meal solutions, is making the leap from a regional brand serving the West Coast to a full-blown national operation, a milestone that couldn't have been achieved without a...
Kingdom Supercultures – a Brooklyn-based startup specializing in building novel combinations of microbial cultures it claims can improve the flavor, texture and functional properties of everything from plant-based dairy products to kombucha - has raised...
‘Animal-free’ protein startup Clara Foods has rebranded as The EVERY Company and unveiled EVERY ClearEgg, a highly soluble, "nearly invisible" functional egg protein, its second product produced via precision fermentation using genetically engineered...
Boston-based startup Slate Milk – maker of ultra-filtered, high-protein, lactose-free chocolate milk in shelf-stable cans - has raised an additional $3.3m in a seed round backed by the founders of RXBAR, Halo Top, Drizly, Yasso, and consumer-focused investment...
MeliBio, a startup developing honey without bees, has unveiled its first products at a tasting in Berkeley, California, as it gears up for a soft launch supplying food service and CPG companies with its animal-free/vegan honey as a branded ingredient...
Most Americans' idea of Mexican cuisine is limited to cheese quesadillas, greasy nachos, and overstuffed burritos, argue the founders of a new brand called SOMOS ('we are' in Spanish), which is challenging this common consumer perception...
The Urgent Company – best known for Brave Robot ‘animal-free’ ice cream– is moving into new territory with the launch of Modern Kitchen lactose-free cream cheese, its second brand featuring Perfect Day’s animal-free dairy proteins (made with microbes,...
Upton's Naturals has been quietly pioneering the plant-based foods category, first with its seitan products, which were among the first to hit retail fifteen years ago, followed by jackfruit and banana blossom plant-based meat alternatives now sold...
In-store demos are one of the most effective ways to drive new product trial, but they are also one of the most expensive strategies – especially now that some retailers prohibit open sampling due to the pandemic.
From 'whole cuts' of seafood from fungi, to plant-based lamb, to highly functional proteins from brewers' spent grains, here's a quick snapshot of some of the alternative protein startups participating in a virtual pitch slam at last...
