Bactolife, a start-up based in Copenhagen, Denmark, has raised over €30 million in Series B funding to accelerate the commercialisation of its precision-fermented Binding Proteins innovation.

Functional food and beverage brand Laird Superfood has expanded its Hydrate line with two new flavours, Wild Berry and Tropical Punch.

Earthful, a provider of plant-based nutrition supplements and protein products based in India, has closed a INR ₹26 CR (approx. $2.9 million) funding round.

Plant-based collagen alternative brand VeCollal has secured an investment from Seventure Partners to expand the roll-out of its solution internationally.

Solar Foods has partnered with Pothos, a nutritional supplements company based in Texas, US, to integrate its vegan-friendly Solein ingredient into Pothos’ protein powders.

Daiya Foods has partnered with MicroSalt, a manufacturer of sodium-reduced natural salt, to improve the health credentials of its cheese and pizza portfolio.

As natural ingredients and health benefits move higher among consumers’ purchasing priorities, the plant-based functional beverages market is poised to reap the benefits of shoppers’ evolving preferences.

Kääpä Biotech, a Finnish start-up specialising in functional mushroom ingredients, has successfully secured a €9 million strategic investment.

The Singapore Food Agency, under the second phase of its Singapore Food Story R&D programme, has awarded SGD 42 million (approx. $32.3 million) to 11 alt-protein and food-tech projects.