Kynda founders

© Kynda

Investments & Finance

Biomass Fermentation Pioneer Kynda Raises €3M From Investors Including Meat Processor PHW Group

German company Kynda, which describes itself as a pioneer in industrial biomass fermentation, has raised €3 million in seed funding. The round was led by Enjoy Ventures via its Invest-Impuls Scale Fund. Poultry processor PHW Group and Swiss climate tech investor Clima Now also participated. Additionally, impact-oriented investor C.E.L.L. Investment will join a second closing. Kynda develops fermentation technologies and bioreactors that canconvert by-products from the food industry into high-quality …

more

PHW Group

© PHW Group

Meat

CEO of Poultry Giant PHW Calls Upon Europe to Allow Cultivated Meat

Peter Wesjohann, CEO of Wiesenhof / PHW, one of Europe’s largest poultry producers, is calling on the EU to allow the sale of cultivated meat. Wesjohann said in an interview with the German publication Neue Osnabrücker Zeitung: “If Brussels doesn’t speed things up a bit, we will end up with approval for sale in the USA and Asia, and here in Europe we will once again be too late.” The …

more

A cultivated chicken breast by SuperMeat.

© SuperMeat

Company News

Poultry Giant PHW Signs MoU With SuperMeat For Cultivated Chicken, Turkey & Duck

PHW Group, one of Europe’s largest poultry producers, and Israeli food-tech SuperMeat have partnered to bring cultivated meat to the masses. The deal will solidify the brands’ joint mission to bring cultivated meat products, including chicken, turkey, and duck, to European consumers. PHW and SuperMeat have signed a Memorandum of Understanding (MoU) and will work together to obtain EU authorization for the cultivated meat products and, through SuperMeat’s proprietary cultivated …

more