Israeli biotech company Brevel has signed a 50/50 joint venture agreement with Indian conglomerate The Wave Group to build a full-scale facility in North India, based on Brevel’s illuminated fermentation technology.

Edonia, a food-tech start-up based in France, has raised €15 million to fund the industrial scale-up of its microalgae-based protein ingredient, Edo.

Biotech specialist NXW Nutrition From Water has invested an equity stake in PhycoFerm, a Portugal-based microalgae strain development company.

Marine Biologics has announced the launch of SeaTex, a patent-pending, high-performance seaweed powder designed for protein stabilisation.

Aqua Theon has secured a $13 million seed funding round, including $5 million directly invested into its marine plant-based drink brand, OoMee.

A new snacking brand, Morish, has entered the UK market with a range of roasted seaweed products in five flavour varieties.

French food-tech start-up Edonia has joined forces with catering group Newrest, to bring microalgae-based meals to public canteens nationwide.

Checkerspot has partnered with Huvepharma to commercialise a new microalgae-derived oil that replicates key nutritional fats found in human milk.

ProVeg International has published a report highlighting how smart formulation of plant-based seafood alternatives can meet consumers’ nutritional needs while reducing pressure on marine ecosystems.

Sun Chemical has unveiled a new edible algae cultivation facility in California, US, operated by its subsidiary Earthrise Nutritionals.

Italian food-tech KelpEat has introduced a new high-protein seaweed snack, made with Solar Foods’ microbial Solein protein.

Brevel has signed an agreement with CBC Group to develop functional beverages and dairy alternatives containing microalgae protein.