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

Perfat Technologies, a Finnish deep-tech startup, has secured €2.5 million in Series A financing to advance its innovative fat alternatives.

Food Founders Studio has closed its initial funding round of CHF 1.2 million (approx. $1.5 million) and unveiled its first venture, a plant-based flavour improvement technology developed with a European university partner.

Xampla, a UK-based start-up developing plastic alternative materials made from plants, has received $14 million in private capital.

The European Union (EU) has invested €2.2 million into a project to encourage the growth and adoption of plant-based food across Europe.

Taaleri Bioindustry – a bioeconomy growth investor under the Finnish Taaleri Group investment firm – has injected €10 million into plant-based dairy alternative manufacturer Finnish Food Factory.

Sustainable investment firm Collateral Good has been appointed to manage a €100 million Sustainable Food Fund, formerly known as Blue Horizon Venture I.

In its Annual General Meeting, German plant-based food company Veganz’s shareholders approved all of the management’s proposed resolutions as part of a strategic realignment of the business.

The Better Meat Co (BMC) has secured $31 million in an oversubscribed Series A funding round to expand its patented mycoprotein fermentation technology to commercial scale.