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DSM | Articles various 5k | Apr 2025
Innovation Awards
Funding & investments
Fungu’it raises €4m to scale up fungi-based natural flavour production
Fungu’it raises €4m to scale up fungi-based natural flavour production

French food-tech start-up Fungu’it has secured €4 million in funding to accelerate industrial-scale production of its natural flavourings made from agricultural by-products.

Ingredients
Protein Industries Canada announces additional $10.9m for crop genomics and AI programmes
Protein Industries Canada announces additional $10.9m for crop genomics and AI programmes

Protein Industries Canada has announced additional funding to help strengthen Canada’s plant-based ingredient supply chain through genomics and artificial intelligence programmes.

Agriculture
Thai animal-free dairy start-up Muu celebrates funding milestone
Thai animal-free dairy start-up Muu celebrates funding milestone

Muu, an animal-free dairy start-up based in Bangkok, Thailand, has secured strategic investment from A2D Ventures, Leave a Nest Japan and several other firms.

Funding & investments
Lantmännen Biorefineries buys minority share in pea milk brand Sproud
Lantmännen Biorefineries buys minority share in pea milk brand Sproud

Lantmännen Biorefineries has announced a minority investment in Swedish plant-based milk alternative brand Sproud.

Funding & investments
High Time Foods secures $1.2m in seed funding to accelerate ambient plant-based protein solutions
High Time Foods secures $1.2m in seed funding to accelerate ambient plant-based protein solutions

India-based start-up High Time Foods has secured $1.2m in seed funding to accelerate the roll-out of its non-refrigerated plant-based protein solutions.

Funding & investments
Heura secures €20m EIB loan to support the development of healthy plant-based foods
Heura secures €20m EIB loan to support the development of healthy plant-based foods

Spanish plant-based start-up Heura Foods has secured a €20 million loan from the European Investment Bank (EIB).

Funding & investments
Beyond Meat secures $100m financing despite challenging Q1 results
Beyond Meat secures $100m financing despite challenging Q1 results

Plant-based meat producer Beyond Meat has secured a $100 million financing facility from Unprocessed Foods, an affiliate of the Ahimsa Foundation.

Funding & investments
Report: European alternative protein investment hits $509m, but sector remains immature
Report: European alternative protein investment hits $509m, but sector remains immature

In a year marked by significant growth, European alternative protein companies attracted nearly $509 million (€470 million) in investment during 2024, reflecting a 23% increase from the previous year.

Research & development
Kääpä Biotech secures €900,000 investment from PeakBridge to meet rising functional mushroom demand
Kääpä Biotech secures €900,000 investment from PeakBridge to meet rising functional mushroom demand

Kääpä Biotech, a Finnish start-up that develops functional mushroom products, has secured a €900,000 strategic investment from global agri-food venture capital firm PeakBridge.

Funding & investments
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