Funding & investments
Melt&Marble raises €7.3m to scale precision-fermented ‘designer fats’
Swedish biotech start-up Melt&Marble has raised €7.3 million in Series A funding, to scale production of its precision-fermented ‘designer fat’ ingredients.
Victoria opens new Plant Protein Hub and glasshouse at Horsham SmartFarm
The Victorian Government has opened a new Plant Protein Hub and glasshouse at Agriculture Victoria’s Horsham SmartFarm, following a $12 million state investment.
Ripple Foods secures $17m, appoints new CEO
Ripple Foods has raised $17 million in new funding as it prepares to expand its plant-based milk portfolio and grow its retail and foodservice presence. The company has also appointed longtime board member Becky O’Grady as CEO.
Chromologics secures €7m to launch fermentation-based natural food colour
Danish biotech Chromologics has raised €7 million in a funding round led by Novo Holdings, EIFO, Döhler Ventures, Collateral Good Ventures and Synergetic.
UK government urged to invest £150m in alternative protein innovation
The Good Food Institute Europe is calling on the UK government to bolster its commitment to alternative proteins by investing £150 million as part of the National Food Strategy.
GoodLeaf Farms raises CAD 52m to expand vertical farming capacity in Canada
GoodLeaf Farms, Canada’s largest national vertical farming operator, has completed a CAD 52 million (approx. $37 million) equity financing round to scale up production and build a new R&D centre.
Functional mushroom start-up Kääpä Biotech secures €9m investment
Kääpä Biotech, a Finnish start-up specialising in functional mushroom ingredients, has successfully secured a €9 million strategic investment.
Green Spot Technologies secures €5m to scale ingredient production
French start-up Green Spot Technologies has raised €5 million to introduce a new brand of fermented ingredients for bakery, pastries and chocolate.
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