Kingdom Supercultures Raises $25 Million Series A to Revolutionize Plant-Based Foods, Fermented Beverages, and Personal Care with Natural Microbial Cultures
Kingdom Supercultures, a biodesign company that specializes in developing natural microbial cultures – which it calls “Supercultures” – today announced a $25 million Series A funding round led by Shine Capital. This follows a $3.5M seed round with participation from…
TurtleTree Launches New Research and Development Facility in Greater Sacramento
TurtleTree has officially opened its new R&D facility in California’s state capital. Located in West Sacramento, this 24,000-square-foot building will house a world-class research hub showcasing the company’s extensive array of innovations and cell-based technologies. Representing a milestone in TurtleTree’s…
Impossible Foods Expands to the Middle East with Launch at Dubai World Expo and Restaurants in the United Arab Emirates
California-based Impossible Foods has arrived in the United Arab Emirates, the company’s first market in the Middle East. Its flagship product, Impossible™ Burger, is kosher, halal and gluten-free certified, and now exclusively available on the menus of select restaurants across…
Perfect Day Raises $350 Million to Expand Consumer and Enterprise Biology Platforms
Perfect Day, Inc., best known as the creator of the world’s first animal-free milk protein, announced a $350 million Series D funding round intended to fuel the company’s expanded focus across biological engineering, ingredient innovation, and consumer products. The round,…
prp+ (PepsiCo Positive) Takes Center Stage at Expo 2020 Dubai Opening Day
As the Official Beverage and Snack Partner of Expo 2020 Dubai, PepsiCo celebrates the opening of the global event by inaugurating its three pavilions: The Plus (Pepsi ® and Lay’s®), The Bolt (Gatorade®) and The Drop (Aquafina®). The latest innovations…
Next Gen Foods Appoints Former Tesla and Impossible Foods Executive Rachel Konrad as First Independent Board Member
Next Gen Foods has named former Tesla and Impossible Foods executive Rachel Konrad as its first independent board member. Asia’s leading food startup, Next Gen Foods, aims to make the global food system sustainable and significantly improve public health by…
Deloitte: Demand for Fresh Food Shows No Signs of Cooling Yet Consumers are Checking Out More Frozen Alternatives
Key takeaways Consumers are worried the fresh food on store shelves isn’t as fresh as it used to be. Sixty percent say the time between buying and spoiling has gotten shorter recently. Meanwhile, 3 in 4 consumers say storing frozen…
Fast-Food Restaurants Introduce Vegan Ice Cream & Vegan McPlant Burger Globally
Undoubtedly, the fastest-growing markets today are the vegan and plant-based industries. From vegan hair care to plant-based nutrition shakes, fast-food restaurants are not falling far behind in this trend either. KFC just announced its newest addition with an Oatly vegan…
New Age Meats Raises $25M in Series A Funding To Speed Development of Cultured Meat
New Age Meats announced today that it has raised $25 million in Series A funding, a crucial milestone that will allow the Berkeley-based cultured meat company to begin production by 2022. Hanwha Solutions of South Korea led the funding round,…
Insectmeal Outcompetes Fishmeal in Shrimp Diets
Singapore headquartered, Nutrition Technologies, recently announced the results of their recent trial using the alternative protein, Black Soldier Fly Meal (“BSF meal”), to replace fishmeal in shrimp diets. The trial found that shrimp fed with diets using the BSF meal,…
