Investment Climate Podcast: Lewis Dunnigan of Bygen, How to Get Funded in 2024
In this podcast series, Alex Shandrovsky interviews investors about benchmarks for funding alt proteins in 2024 and uncovers the investment playbooks of successful climate tech CEOs and leading VCs. Podcast Host Alex Shandrovksy is a strategic advisor to numerous global food tech accelerators and companies, including alternative proteins and cellular agriculture leaders. His focus is on investor relations and post-raise scale for agrifood tech companies. Series 2, Episode 4: Lewis …
Revo Foods & Paleo Unveil €2.2M EU-Backed Project for Salmon Alternatives with Animal-Free Heme
Two alternative protein startups, Austria’s Revo Foods, a manufacturer of 3D-printed vegan seafood, and Belgium’s Paleo, a precision fermentation startup developing animal-free heme, have joined forces to advance sustainable and realistic seafood alternatives. In a project initiated earlier this year and funded by the European Union’s Eurostars program with €2.2 million, the companies are working to develop a “unique” animal-free salmon heme for Revo Foods’ 3D salmon fillet. Speaking to …
Finnish Alternative Protein Firms Secure €10M for Collaborative R&D Projects From Business Finland
Business Finland has granted two Finnish projects — FoodID and FinBioFAB — 10 million euros in R&D funding to create alternative proteins and materials through research collaboration. The Finnish projects were accepted into the Global Centers program led by the US National Science Foundation (NSF), operated jointly by six countries aiming for breakthrough solutions to global challenges. This year’s funding call focused on the bioeconomy, with the main themes being biofoundries …
Investment Climate Podcast: Nemailla Bonturi of ÄIO, How to Get Funded in 2024
In this podcast series, Alex Shandrovsky interviews investors about benchmarks for funding alt proteins in 2024 and uncovers the investment playbooks of successful climate tech CEOs and leading VCs. Podcast Host Alex Shandrovksy is a strategic advisor to numerous global food tech accelerators and companies, including alternative proteins and cellular agriculture leaders. His focus is on investor relations and post-raise scale for agrifood tech companies. Series 2 Episode 3: Nemailla …
MeliBio Secures Strategic Investment to Transform the Honey Industry
US-based bee-free honey producer MeliBio has received a strategic investment from Future Food Fund, a venture capital arm of Japanese food distributor Oisix. The funding will be used to fuel MeliBio’s mission of transforming the honey industry. MeliBio’s bee-free honey is made using plant science and precision fermentation. By producing honey without invasive honey bees, the product helps to protect wild bee populations, which are vital for preserving biodiversity and …
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, …
Women-Led Startup Sallea Secures $2.6M to Advance Plant-Based Scaffolds for Cultivated Meat Whole Cuts
Zurich-based Sallea, a startup developing edible, food-grade, plant-based scaffolds for the cell ag industry, announces it has raised $2.6 million in a pre-seed funding round. Founderful, Switzerland’s leading pre-seed fund, led the round, joined by Kost Capital, a VC focused on sustainable food systems. The round follows $1.8 million in non-dilutive funding previously secured through research and startup grants. Sallea was founded in November 2023 by an all-female team, including …
Chocolate Giant Puratos Makes Strategic Investment in California Cultured’s Cell-Based Cacao
California Cultured, a startup pioneering plant cell culture to produce cacao, has received an undisclosed investment from Sparkalis, the food tech venture arm of the Belgian international group Puratos. The new capital will fund the startup’s scaling operations at an upcoming new facility (currently under construction) to bring a cell-based cocoa powder product to the market. Filip Arnaut, managing director of Sparkalis, commented: “At Sparkalis, we seek out visionary startups …
Investment Climate Podcast: Giuseppe Scionti of NovaMeat
In this podcast series, Alex Shandrovsky interviews investors about benchmarks for funding alt proteins in 2024 and uncovers the investment playbooks of successful climate tech CEOs and leading VCs. Podcast Host Alex Shandrovksy is a strategic advisor to numerous global food tech accelerators and companies, including alternative proteins and cellular agriculture leaders. His focus is on investor relations and post-raise scale for agrifood tech companies. Series 2 Episode 1: Giuseppe …
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 …