70/30 Food Tech to Launch Mycelium Research Lab to Create Affordable Proteins for Asia
Shanghai-based 70/30 Food Tech, a 100% plant-based ready meal company and a producer of plant, fungi, and mycelium-based ingredients, announces that it has completed a seed-extension fundraising round (the raised amount has not been disclosed). With the funds, the Chinese startup will launch the 70/30 Mycelium Research Lab, seemingly located in Bangalore, India, within a renowned biotech startup incubator to develop cost-effective fungi-based biomass ingredients for alternative meats. With this expansion, …
Changing Bio Launches China’s First Range of Microbial Protein Dairy Alternatives
After winning the Sustainability Innovation Award at BEYOND Expo 2023 in Macau, Shanghai-based Changing Bio officially debuted the company’s first line of alt dairy products made with a microbial protein derived from yeast dubbed Kluvy at the 25th annual Bakery Expo in Shanghai. At the event, the company’s new ChangingPRO line, including whipped cream and a low-fat parmesan powder high in protein and probiotics featured the novel protein Kluvy mixed with plant-based …