Singapore Alternative Food Startup Hoow Foods Bags $2.2m
Hoow Foods, a Singapore-based foodtech startup, announced it has raised S$3 million (around US$2.2 million) in its latest round. More funding details Lead investor: Farquhar VC Existing investor: Trive Ventures Stage: Pre-series A More company updates The company will use…
Global Halal Food & Beverage Market Forecasted to Reach a Trillion Dollar Valuation by 2026
The “Global Halal Food & Beverage Market Outlook, 2026” report has been added to ResearchAndMarkets.com’s offering. During the period of 2015 to 2020, the global halal food and beverages market grew by roughly USD 412 Billion. It has been forecasted…
Danone and Brightseed Expand Partnership To Discover Health Benefits in Plants Using Artificial Intelligence
Leading global food & beverage company Danone and biosciences company Brightseed, creator of Forager® artificial intelligence (A.I.) that maps and predicts the health impact of plant-based compounds, today announced a partnership to advance Danone’s plant-based expertise. Through a multi- year…
Shiok Meats Raises Bridge Funding, Plans R&D, Facility and Operations Expansion
Shiok Meats, the world’s first cell-based crustacean meat company, has raised a bridge funding round from South Korea’s leading food industry players Woowa Brothers Asia Holdings and CJ CheilJedang Corporation and Vietnam’s top seafood exporter Vinh Hoan Corporation. This brings…
Alt-Seafood: Cell-Based Seafood in European Union
Though many leading cell-cultured seafood companies are based in Asia, Dr Sebastian Rakers, co-founder of Bluu Biosciences, believes that European consumers will embrace cell-based seafood due to its enhanced sustainability and production efficiency advantages. How Does Cell-Based Cultivation Work? Cell-based…
This New Vegan Egg is Made From A Legume You’ve Never Heard Of
Vegan food technology company Nabati Foods will launch plant-based liquid egg Nabati Plant Eggz—made from an uncommon legume—later this year. The vegan egg replacer is made with lupin beans (a common snack legume in the Mediterranean) and pea protein, and…
Next Gen Foods Announces $20 Million Extended Seed Round as it Brings ‘TiNDLE’ Plant-Based Chicken to the U.S.
Next Gen Foods, makers of the plant-based chicken brand ‘TiNDLE’ today announced a $20 million extension of their seed round, taking the entire round to $30 million, the largest ever for a plant-based startup. The funds will primarily be used…
Thai Union Invests in Cell-Cultured Protein, Plant-Based Seafood Grows in Asia
After investing in cell-cultured seafood producer BlueNalu earlier this year, Thai Union is investing in a cell-cultivated beef producer. In addition, new plant-based seafood analog products continue to be introduced in Asia and Europe. Thai Union’s Corporate Venture Capital (CVC)…
Alternative Innovation
A high proportion of US shoppers value reducing animal-based foods in the diet over increasing consumption, though most make no specific effort, according to research from New Hope Network, Boulder, Colo. Older generations are much more active in restricting or…
Plant-Based Chicken Meat Company in Singapore Secures Funds to Enter US
Plant-based chicken maker Next Gen Foods raised US$20 million from investors including GGV Capital, Bits X Bites and food and beverage maker Yeo Hiap Seng to enter the US, the world’s biggest market for plant-based foods. Existing backers including Temasek…
