Food-tech company Phytolon has secured $23.6 million in Series B financing to accelerate the commercialisation of its fermentation-derived natural food colours in the US.

Biospringer by Lesaffre, a global player in the food fermentation space, has agreed to acquire selected intellectual property and technology of bacteria fermentation specialist PTX Food.

Italian meat specialist Amadori has announced an agreement to acquire plant-based brand Unconventional from current owner Granarolo.

According to reporting by the Financial Times, private equity firm KKR is exploring a sale of Flora Food Group, with a potential valuation of up to $10 billion.

Swiss food-tech start-up Planetary has successfully raised around $28 million to support the growth of its global fermentation platform.

UK biotech manufacturer Clean Food Group has raised £4.5 million in fresh investment to accelerate the scale-up of its fermentation-based oils and fats platform.

Finnish foodtech innovator Happy Plant Protein is taking a significant step toward commercial scale, in a new agriculture-based production facility in Latvia.

Australia-based biomanufacturing company Cauldron Ferm has secured $13.25 million in a Series A2 funding round, bringing its total funding to $26 million.

Novonesis is working with Technical University of Denmark (DTU)’s Bright Biofoundry, to accelerate the development of sustainable protein.