Chile’s Luyef Receives $1.25M to Develop Nutrients for Cultivated Meat Using Fermentation and Agro By-Products
Luyef (previously Luyef Biotechnologies), a biotech startup focused on cellular agriculture based in Santiago de Chile, has received two substantial grants totaling $1.25 million to accelerate cultivated meat production (detailed information about the grants below). The Ganesha Lab, LATAM’s global biotech scale-up for science and technology-based startups, announced the investment. Kris Blanchard, a biotechnology engineer from the University of Chile, co-founded Luyef in 2020, participating in The Ganesha Lab’s accelerator program …
The Live Green Co. Unveils Yeast-Derived Breast Milk Fat and Gut Health Postbiotic
The Live Green Co. (TLGC), a US food tech company headquartered in Boston since 2022, unveils two active functional ingredients developed with precision fermentation: GreenTAGs — an analog of human breast milk fat known as OPO — and GutRevyv, a postbiotic for gut health. Human milk fat, mainly containing Triacylglycerols or OPO, plays a crucial role in infant development and health: It benefits nutrient absorption, supports neurodevelopment, boosts immunity, favors gut …
Chilean Biotech Fotortec Partners with Sustainable Firms to Introduce Food Waste Upcycling Technology in Sweden
Chilean biotech Fotortec announces a partnership with Swedish consultancy firms A Better Future AB and Xylo Sweden AB to introduce its innovative food waste upcycling technology and mushroom-based ingredients into the Swedish market. Fotortec aims to redefine waste by repurposing food waste or by-products into new and valuable items. The company has developed a scalable technology for cultivating mushrooms using food waste. These mushrooms can be transformed into beneficial ingredients, including flavor enhancers, protein isolates, …
Chile: The Live Green Co. Reveals New Precision Fermentation Division
Chilean food technology-focused The Live Green Co. has announced the launch of a new precision fermentation division to address food safety, health and climate change issues. Together with its proprietary artificial intelligence and machine learning platform Charaka™, which researches and develops products and food additive replacements using only plants, it will develop licensed product formulations and cutting-edge scientific solutions in a faster, more cost-effective, sustainable and effective way. Precision fermentation …
ICL and Protera Biosciences Partner for AI-Driven Precision Fermented Ingredients
ICL Food Specialties of Israel has joined forces with Chile’s Protera Biosciences, an AI-driven food tech startup and designer of novel proteins used to develop precision fermented ingredients for food manufacturers. Protera closed a $10M Series A round last year, while ICL employs more than 12,500 people worldwide, and reported revenues in 2021 of around $7 billion. Through the newly announced partnership, ICL and Protera will develop and commercialize sustainable …