Funding & investments
Win-Win secures £3m in Series A funding to expand cocoa-free chocolate alternatives across Europe
Food-tech company Win-Win, known for creating what it claims is the UK’s first cocoa-free chocolate alternative, has closed a £3 million Series A funding round.
Quorn receives £18m investment to repay debt and support ‘reset year’
Quorn has received a funding injection from parent company Monde Nissin Corporation, enabling it to repay £18 million of debt as it embarks on a multi-year turnaround plan.
Hummus brand Little Sesame closes $8.5m Series A funding round
US-based hummus brand Little Sesame has successfully closed an $8.5m Series A funding round, led by InvestEco Capital.
Protein Industries Canada announces new pea protein partnership supported by $35.6m investment
Protein Industries Canada has announced a new pilot project focused on meeting rising sustainable protein demand through the development of new pea protein ingredients and finished food products.
EU unveils €350m plan to boost food innovation through fermentation technologies
The European Commission has announced a new strategy aimed at establishing the EU as a global leader in life sciences, with a strong focus on food innovation.
Veganz launches Mililk FoodTech ahead of strategic investment round
Veganz Group has established a new subsidiary, Mililk FoodTech, as it prepares to bring in strategic investors later this year.
UK government commits £184m to scaling up engineering biology infrastructure, including alt-protein development
The UK government has announced its Digital & Technology Sector Plan as part of its broader Industrial Strategy, including a £184m Engineering Biology Scale-up Infrastructure Programme to build and upgrade facilities.
Rival Foods raises €10m in Series B funding round to scale up plant-based whole cuts
Dutch food-tech company Rival Foods has raised €10 million in Series B growth financing, supporting the scale-up of its plant-based whole cut meat alternatives.
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