Food 4 Future: “We Believe That Progress Happens When All Stakeholders Sit at the Same Table”
Sergio Fabregat, with a background in Business Administration from the University of Barcelona and an Executive Master in Marketing and Sales from ESADE, is the driving force behind two of Spain’s food innovation events: F4F – Expo Foodtech in Bilbao and the newly launched Expo Agritech in Málaga. As the Event Director, Fabregat plays a pivotal role in shaping platforms that connect key stakeholders across the food tech value chain. …
Allbiotech Introduces Cost-Effective Bioreactor for Precision Fermentation Research
Spanish biotech startup Allbiotech Biotechnologies has completed the first production run of its Genesys V1 bioreactor, a lower-cost alternative for precision fermentation research. The company aims to make bioreactor technology more accessible to food tech startups, research institutions, and universities by offering a system priced at one-third of the cost of traditional pharmaceutical bioreactors. With a 1-liter glass vessel, integrated sensors, and five peristaltic pumps, Genesys V1 is designed for …
EU Backs MOA Foodtech with €14.8M to Scale AI-Enhanced Fermentation Technology
Spanish biotechnology startup MOA Foodtech has been awarded a €14.8 million investment commitment from the European Innovation Council (EIC) as part of the latest EIC Accelerator funding round. The company, which specializes in biomass fermentation and artificial intelligence-driven ingredient production, was one of 71 businesses selected from over 1,200 applicants. The funding consists of a €2.3 million direct grant, with an additional €12.5 million in equity investment to be deployed …
GFI and Accenture Release Precision Fermentation Consumer Research Across Five Markets
A recent study by the Good Food Institute (GFI), conducted in collaboration with Accenture, has examined consumer attitudes and preferences toward precision fermentation (PF) products in five key markets: France, Germany, Spain, the United Kingdom, and the United States. The research explores how consumers perceive PF-produced dairy and egg ingredients, offering insights into effective communication strategies for this emerging food technology. Precision fermentation and its applications Precision fermentation uses microorganisms, …
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 …
Pascual Innoventures Invests $2M in Mylkcubator, Third Edition Launches Beyond Alt-Milk
Mylkcubator: More Than Mylk, a program focusing on alternative food ingredients made with cellular agriculture technologies by the Spanish companies Pascual Innoventures and Eatable Adventures, has introduced its next cohort of startups focusing on sustainable ingredients. Pascual Innoventures has invested over $2 million in the Mylkcubator program across all three editions, including a recent investment in the precision fermentation startup Onego Bio. According to the firm, the Mylkcubator ecosystem has …
Inditex, Owner of Fashion House Zara, Invests in GALY’s Cultivated Cotton from Plant Cells
Spanish multinational clothing company Inditex, owner of Zara and Massimo Dutti, among other fashion brands, has announced a minority stake investment (the sum has not been disclosed) in GALY, a Brazilian and US biotech producing cultivated cotton from plant cells. GALY was founded in 2019 by Luciano Bueno, a former Deloitte executive. The startup has raised over $33.5 million from notable investors such as Sam Altman, former president of Y Combinator …
MOA Foodtech Raises Funds to Scale AI-Driven Production of Highly Nutritious Microbial Proteins
Spain’s MOA Foodtech, a B2B platform for alternative proteins and sustainable ingredients, announces the closure of a Series A funding round led by the Dutch venture capital firm ICOS Capital. Notable investors ClaveMayor, Viscofan, SODENA, and Banco Sabadell also participated. Founded in 2021 in Pamplona, Navarra by Susana Sánchez (CSO), José María Elorza (CFO), and Bosco Emparanza (CEO), MOA Foodtech leverages precision fermentation, agrifood side streams, and AI to discover …
“World’s Largest” Spanish Omelet Producer Partners with Every Co to Use the EVERY Egg
Grupo Empresarial Palacios Alimentación, which claims to be the world’s largest producer of Spanish omelets and string chorizo, has announced a commercial agreement with US biotech firm The Every Company. Following the agreement, Palacios will use the EVERY Egg — said to be the world’s first liquid egg product made using precision fermentation — in its flagship Spanish omelets. The egg alternative will also be incorporated into the research and …
Polybion Creates “Entirely New Category” With Global Launch of Celium Cultivated Cellulose
Spanish biomaterials producer Polybion has announced that its cultivated cellulose, Celium, is now available worldwide. The company claims the material is more than a leather alternative, and will create an “entirely new category” due to its unique properties. Celium is grown by feeding bacteria with agroindustrial fruit waste; the cells then self-organize and create a cellulose structure as a metabolic by-product. This structure undergoes a sustainable stabilization process, and the …