Liberation Labs, planned precision fermentation manufacturing facility now under construction,

© Liberation Labs

Manufacturing & Technology

Liberation Labs to Advance Precision Fermentation Facility with $3.5M Fundraise

US biomanufacturing company Liberation Labs has raised $3.5 million via a Secured Promissory Note (“Note”), including a $2.0 million subscription from the VC firm Agronomics Limited (LSE: ANIC). With this note, Agronomics’ total investment in the precision fermentation company amounts to $19.6 million, holding 37.5% on a fully diluted basis. Other participants in the fundraising, each contributing $0.5 million, include New Agrarian Company Limited (an affiliate of Agronomics), Galloway Limited, …

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Australia's Cauldron Ferm announces that the Queensland Government, through its Industry Partnership Program (IPP), will support the development of the Cauldron Bio-fab, a precision fermentation manufacturing facility in Mackay.

Mrs. Julieanne Gilbert (L), Member for Mackay and Assistant Minister for State Development, Infrastructure, Industrial Relations and Racing; Michele Stansfield, co-founder and CEO of Cauldron; Belinda Hassen, Candidate for Mackay, and Robin Stinson (R), CFO at Mackay Sugar - Image courtesy of Cauldron

Fermentation

Cauldron Ferm to Develop Asia-Pacific’s Largest Precision Fermentation Facility Following Queensland Government Support

Australia’s Cauldron Ferm announces that the Queensland Government, through its Industry Partnership Program (IPP), will support the development of the ‘Cauldron Bio-fab’, a precision fermentation facility in Mackay. The facility will be the first and largest end-to-end contract manufacturer for bioproducts in Asia-Pacific, with a projected annual output of over 1,000 tons. It will deploy Cauldron’s hyper-fermentation technology for cost-effective and resource-efficient production of alternative proteins and widely used petrochemicals for …

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Three bottles of animal-free milk

© Eden Brew

Studies & Numbers

Government Support Crucial for Australia to Become a Global Precision Fermentation Leader, Says New CAA Report

The non-profit Cellular Agriculture Australia (CAA) has released a new white paper highlighting Australia’s capabilities in producing precision-fermented ingredients and its potential to become a global leader. The country is already home to a precision fermentation ecosystem of startups, established companies, research institutions, mature investors, and manufacturing capabilities. Eden Brew, Daisy Lab (NZ), All G Foods, Eclipse Ingredients, Nourish Ingredients, the ASX-listed company Noumi, and CMDO Cauldron Ferm contribute to making Australia …

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The UK Government invests £12M in Cellular Agriculture Manufacturing Hub to cultivate meat at scale

© Mirai Foods

Studies & Numbers

Survey Explores Swiss Acceptance of Cultivated Meat and Precision Fermentation

On behalf of Swissveg, YouGov recently conducted a representative survey on the acceptance of cultivated meat and precision fermentation derived products in Switzerland. The survey found that flexitarians are most in favour of cultured meat. 47% of meat-reducers would buy such products if they were already available. The new products received the least approval from vegans and vegetarians with only 22%, but essentially, such products are not aimed at vegans …

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The PHW Group will establish a new subsidiary focusing on traditional and precision fermentation to develop ingredients for alternative products.

© PHW Group

Fermentation

Poultry Giant PHW Enters Precision Fermentation Ingredients With New Subsidiary 

PHW Group, the largest poultry producer in Germany known for the Wiesenhof brand, will establish a new subsidiary later this year, focusing on traditional and precision fermentation to develop ingredients for alternative protein and blended products. The firm, which has invested millions in its plant-based meat brand Green Legend, intends to integrate plant-based, cultivated, and fermentation technologies under its roof to position itself as a critical player in the sector. …

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Governor JB Pritzker of llinois

Governor JB Pritzker ©illinois.gov

Politics & Law

$51 Million Federal Grant for Precision Fermentation Hub to Drive Innovation, Growth, and Job Creation in Illinois

The Illinois Fermentation and Agriculture Biomanufacturing (iFAB) Tech Hub has secured approximately $51 million in federal funding from the US Economic Development Administration (EDA) as part of the Biden-Harris Administration’s Tech Hubs Program. The grant, which will support significant infrastructure expansions, aims to position Central Illinois as a global leader in biomanufacturing, promoting economic growth, job creation, and national security. The iFAB is supported by Innovate Illinois, a strategic initiative …

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South Africa’s Immobazyme, a precision fermentation company spin-off from Stellenbosch University, has raised $1.3 million in a recent investment.

© Immobazyme

Investments & Finance

South Africa’s Immobazyme Raises $1.3M to Boost Production of Precision Fermentation-Derived Proteins

South Africa’s Immobazyme, a precision fermentation company spin-off from Stellenbosch University, has raised $1.3 million in a recent investment round led by the University Technology Fund (UTF) with the participation of Innovus (University of Stellenbosch Enterprises). Immobazyme develops high-value proteins for various industries, including cultivated meat. The new capital will support the company’s production expansion, which includes doubling its current facility size and scaling its platform. This round brings its total …

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Investments & Finance

Singapore Grants University of Illinois ARCS $14.8M to Launch Precision Fermentation Center

The team led by Professor Yong-Su Jin at the Illinois Advanced Research Center at Singapore (ARCS), an affiliated center of the University of Illinois Urbana-Champaign, has received a five-year, $14.8 million grant from Singapore’s National Research Foundation (NRF) to establish the Centre for Precision Fermentation and Sustainability (PreFerS). According to the announcement, the research at the new center will focus on microbial cell engineering or precision fermentation to convert readily …

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Future Cow's co-founder Leonardo Vieira.

© Future Cow

Fermentation

Brazil’s First Precision Fermentation Startup Future Cow Prepares to Scale Up Production of Animal-Free Milk

Future Cow, a Brazilian food tech startup founded in 2023 by entrepreneur Leonardo Vieira and food scientist Rosana Goldbeck, aims to revolutionize dairy production with precision fermentation, creating real milk without cows. Considered Brazil’s first cellular agriculture startup using precision fermentation, Future Cow gained momentum through São Paulo’s Antler residency program, securing a $150,000 initial investment. Soon after, in a funding round led by Antler and Big Idea Ventures as part of …

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Michelin, Danone et al to open precision fermentation plant in France

© Michelin

Fermentation

Danone to Open Precision Fermentation Center ‘Biotech Open Platform’ in France with Strategic Players

French dairy giant Danone, engineered materials group Michelin, the US startup DMC Biotechnologies, and Crédit Agricole Centre France have partnered to create the Biotech Open Platform. The new center will focus on precision fermentation, a technology pivotal for innovation in agri-food and materials with the potential to address the need for sustainable alternatives to animal and fossil-based products, according to the announcement. Located in the commune of Clermont-Ferrand in Auvergne, at the …

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