Impossible Foods and Motif FoodWorks Settle Heme Patent Tech Dispute
Impossible Foods and Motif FoodWorks have announced a joint settlement agreement regarding the legal battle over a patent infringement of heme technology using yeast and precision fermentation. Under the deal, Impossible Foods would acquire Motif FoodWorks‘ heme-related business. The agreement also stipulates neither party can renew allegations or bring the issue back to court, reported AFN. With this settlement, Impossible Foods, which produces the protein soy leghemoglobin found in soy, …
Impossible Burger Closer to EU Market as “Bleeding” Fermented Heme Deemed Safe
The European Food Safety Authority (EFSA) has deemed Impossible Foods‘ precision fermentation-derived heme — soy leghemoglobin — safe for consumption. Soy leghemoglobin is responsible for the famous “bleeding” meat-like color and flavor of the Impossible Burger and other beef products of the US plant-based meat company. The additive, intended to be used as a coloring agent in meat analogs, is proposed to be included at a maximum level of 0.8%. …
Paleo Introduces Range of GMO-Free Heme Variations Featuring Mammoth Protein
Using precision fermentation technology, Brussels-based food technology firm Paleo has released six new non-GMO heme variations that are bioidentical to their animal equivalents. Among the new variations is mammoth protein, part of the species extinct in the wild. Back in December 2021, the food technology startup raised €2M in seed round investment to fund an R&D centre, pilot plant and experience centre for the creation of their sophisticated meat and …
SCiFi Foods Reveals New Name, Raises $22M in Series A and Adds Former Impossible Foods Exec to Board
Food tech startup Artemys Foods announces it is re-branding its name and image to SCiFi Foods. The company also reveals a $22M Series A funding round and the appointment of Myra Pasek, a former executive at Tesla and Impossible Foods, to its advisory board. The startup’s previous backers include the British rock band Coldplay. SCiFi specializes in cultivating beef cells, but instead of focusing on the enormous challenge of scaling …
UPSIDE Foods Hires Sheetal Shah, Former Leader at Impossible Foods, to Scale Cultivated Meat Supply Chain
UPSIDE Foods, formerly known as Memphis Meats, announces the hire of Sheetal Shah as the company’s Senior Vice President of Supply Chain and Manufacturing. Through his role, Shah will focus on scaling the company’s cultivated meat production by building out the supply chain infrastructure. The news follows the massive $400M Series C round UPSIDE raised in April to begin commercializing its products. At UPSIDE, Shah will lead the development of …
Motif FoodWorks Strategically Invests in NemaLife to Speed Up Food Ingredient Testing
Motif FoodWorks, a Boston food tech company, is partnering with microfluidics company NemaLife to utilize the latter’s platform for in-vivo testing and protein characterization. Motif also invested in NemaLife for an undisclosed amount. Motif states microfluidic screening is new to the food and beverage space and can help quickly identify Motif’s next food tech breakthrough. Using an AI-assisted microfluidics screening platform, NemaLife is able to test and categorize bench-scale proteins …
Pandemic Sees Alt Protein Investments Soar to $4.8Bn in 2021, Impossible Foods in the Lead
The newly released AgFunder 2022 Agrifoodtech Investment Report reveals that the Innovative Food category, encompassing alt protein companies across plant-based, cell-cultured, fermentation and functional ingredients, raised $4.8 billion last year with a 102% YOY growth, representing 9.3% of all Agri Food Tech. The report states that much of this growth is due to the effects of Covid 19, which as our readers are aware, has highlighted myriad issues around health …