Funding & investments
Nutropy raises €7m to scale production of animal-free dairy proteins
French food-tech company Nutropy has raised €7 million in an oversubscribed seed funding round to advance the industrialisation of its animal-free dairy proteins.
Bezos Earth Fund awards $2m to Food System Innovations to support sustainable protein development using AI
The Bezos Earth Fund is investing $30 million in projects focused on using AI to protect the planet, including more than $2 million on projects to support sustainable protein development.
Matr Foods raises €40m to scale up organic, fermented meat alternatives
Danish food-tech start-up Matr Foods has completed a €40 million fundraise to scale up the production of its organic, fermented plant-based meat alternatives.
European alternative protein research has tripled since 2020, report finds
New analysis reveals that the number of studies published on plant-based foods, cultivated meat and fermentation has tripled over the past five years.
Revyve secures €24m to scale yeast-based egg alternatives
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.
The Protein Brewery raises €30m to fuel mycoprotein ingredient innovation
The Protein Brewery, a Dutch start-up innovating in fungi-based ingredients, has successfully closed a €30 million Series B funding round.
Time-Travelling Milkman raises €2m to support launch of Oleocream solution
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.
Summ Ingredients secures €1.7m to launch multifunctional fermented protein category
Summ Ingredients, formerly known as Nutrumami, is poised to transform the food ingredients landscape with the introduction of its first multifunctional ingredient, FermiPro.
Canadian businesses launch $23.5m project to develop new fava-based ingredients
Protein Industries Canada, Maia Farms and Phytokana Ingredients are collaborating on a CAD 32.5 million (approx. $23.5 million) project to turn Canadian-grown fava beans into nutritious, sustainable ingredients for plant-based foods.
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