Alt-dairy start-up Climax Foods has rebranded to Bettani Farms; has appointed former Califia Farms CFO, Sandeep Patel, as CEO and chairman; and has raised $6.5 million in Series A funding.

A new Centre for Alternate Protein Research has been inaugurated in India at Aspire-BioNest, the University of Hyderabad’s life sciences bioincubator.

UK food-tech company Clean Food Group has acquired the assets of algal oil producer Algal Omega 3 out of administration, including a 1 million-litre capacity fermentation facility.

Revyve has raised nearly €24 million in Series B financing to accelerate the roll-out of its functional yeast proteins, designed to replace eggs and additives in mainstream food categories.

UK plant-based food company Vegan Food Group has confirmed the departure of its chief executive, Dave Sparrow, as well as its chief financial officer Phil Eden.

Time-Travelling Milkman has secured €2 million in Pre-Series A funding to accelerate the commercialisation of its Oleocream solution, designed to enhance creaminess in plant-based and hybrid dairy products.

Honestly Tasty has announced its acquisition of fellow UK artisan vegan cheese brand La Fauxmagerie.

Momo Kombucha has successfully raised £2 million in its largest funding round to date.

India has reduced the Goods and Services Tax (GST) on a range of plant-based food and beverage items, including milk and meat alternative products, as part of a wider reform.