NextFerm, an Israel-based biotechnological company has announced the launch of its yeast-based vegan Protein, ProteVin. The novel protein is claimed to not possess any of the aftertastes that are associated with many plant-based proteins such as soy, pea, and rice, among others. ProteVin is produced using fermentation, and it is claimed to be highly digestible, […]
Read MoreUnilever and Genomatica announced the launch of a new Joint Venture by investing US 120m dollars to scale sustainable alternatives to palm oil and fossil fuels used for Personal & Home Care applications. For Unilever, this would be the largest investment in biotechnology alternatives to palm oil to date. As there have been several concerns […]
Read MoreGlobal giants DSM and Firmenich announced to merge forces to form DSM-Firmenich, which would have headquarters both in Switzerland (Kaiseraugst) and the Netherlands (Maastricht). The merger is expected to be finalized in the first half of next year and is anticipated to lead to an organic sales growth of 5% to 7% per year. The […]
Read MoreNestle Health Science expands its product portfolio with the acquisition of Puravida. Puravida is a Brazil-based dietary supplement and nutritional product company which owns a lot of brands across organic, natural, and plant-based foods, as well as clean-label and concentrated supplements. The acquisition will enable Nestle Health Sciences to expand its consumer health product portfolio […]
Read MoreRemilk, an Israel-based company, one of the pioneers in producing non-animal milk protein has announced to construct “world’s largest full-scale precision fermentation facility” in Denmark. The proposed new facility has a protein-capacity equivalent to the amount that is obtained from almost 50,000 cows each year. Remilk uses a yeast-based precision fermentation process to produce non-animal […]
Read MoreThe infant formula industry in the US has been experiencing a shortfall in supply over the past few months. The main reason attributed to the slump in production is due to shortages in the supply of key raw materials such as vitamins, sugars, whey, and lactose based ingredients. A product recall by Abbott over #Similac, […]
Read MoreColorado’s Meati Foods has announced a Series B raise of $50 million for its mycelium-based whole cuts of meat created through fermentation, as both mycelium and fermented foods continue to attract the interest of producers and investors as highly sustainable protein solutions for a growing world population. The round was led by Acre Venture Partners and follows […]
Read MoreWith its first and only plant-based restaurant in the world, Burger King is looking to expand its collaboration with The Vegetarian Butcher. In cooperation with The Vegetarian Butcher, Burger King has opened its first plant-based restaurant as a pop-up store in Cologne. From June 7th to 11th, guests at Schildergasse can try out exclusively plant-based […]
Read MoreLivekindly Collective has agreed to acquire The Dutch Weed Burger, an Amsterdam-based, alternative meat brand that uses seaweed as its key ingredient. Furthermore, the proposed acquisition will help the company scale internationally in the UK and Nordics, two key markets in Europe, as well as in the US and Canadian markets, and eventually into Asia. […]
Read MoreRoquette Ventures, a French investment company, has invested in Magellan Life Sciences Ltd., a UK-based biotech company that develops plant proteins through a fermentation process. This partnership aims at accelerating the market entry of new protein sweeteners. The seed round was led by Roquette Ventures and completed with investments from US-based SOSV and three European […]
Read More