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ADM Savoury | June 25
Caffe Culture
Taste Awards
funding
EU unveils €350m plan to boost food innovation through fermentation technologies
EU unveils €350m plan to boost food innovation through fermentation technologies

The European Commission has announced a new strategy aimed at establishing the EU as a global leader in life sciences, with a strong focus on food innovation.

Funding & investments
Fungu’it raises €4m to scale up fungi-based natural flavour production
Fungu’it raises €4m to scale up fungi-based natural flavour production

French food-tech start-up Fungu’it has secured €4 million in funding to accelerate industrial-scale production of its natural flavourings made from agricultural by-products.

Ingredients
Protein Industries Canada announces additional $10.9m for crop genomics and AI programmes
Protein Industries Canada announces additional $10.9m for crop genomics and AI programmes

Protein Industries Canada has announced additional funding to help strengthen Canada’s plant-based ingredient supply chain through genomics and artificial intelligence programmes.

Agriculture
High Time Foods secures $1.2m in seed funding to accelerate ambient plant-based protein solutions
High Time Foods secures $1.2m in seed funding to accelerate ambient plant-based protein solutions

India-based start-up High Time Foods has secured $1.2m in seed funding to accelerate the roll-out of its non-refrigerated plant-based protein solutions.

Funding & investments
Heura secures €20m EIB loan to support the development of healthy plant-based foods
Heura secures €20m EIB loan to support the development of healthy plant-based foods

Spanish plant-based start-up Heura Foods has secured a €20 million loan from the European Investment Bank (EIB).

Funding & investments
Beyond Meat secures $100m financing despite challenging Q1 results
Beyond Meat secures $100m financing despite challenging Q1 results

Plant-based meat producer Beyond Meat has secured a $100 million financing facility from Unprocessed Foods, an affiliate of the Ahimsa Foundation.

Funding & investments
Kääpä Biotech secures €900,000 investment from PeakBridge to meet rising functional mushroom demand
Kääpä Biotech secures €900,000 investment from PeakBridge to meet rising functional mushroom demand

Kääpä Biotech, a Finnish start-up that develops functional mushroom products, has secured a €900,000 strategic investment from global agri-food venture capital firm PeakBridge.

Funding & investments
Brevel secures $25m in seed round expansion to advance microalgae protein production
Brevel secures $25m in seed round expansion to advance microalgae protein production

Brevel, a climate food-tech company specialising in microalgae protein, has successfully expanded its seed funding round to a total of...

Funding & investments
Meati’s future uncertain as company seeks funding to remain operational
Meati’s future uncertain as company seeks funding to remain operational

Meati Foods is seeking investment following an unexpected financial circumstance that has forced the company to give notice of mass layoffs.

Food
Kynda raises €3 million in seed funding to accelerate mycoprotein production
Kynda raises €3 million in seed funding to accelerate mycoprotein production

German food-tech start-up Kynda has announced the successful closure of a €3 million seed funding round.

Funding & investments
PlantBaby closes $20m seed funding round to support expansion
PlantBaby closes $20m seed funding round to support expansion

US plant-based nutrition company PlantBaby has announced the successful closing of a $20m Series Seed equity financing round.

Funding & investments
Agronomics' Liberation Labs secures $50.5m funding to advance biomanufacturing capacity
Agronomics' Liberation Labs secures $50.5m funding to advance biomanufacturing capacity

Liberation Labs has successfully closed a $50.5 million funding round, supporting its mission to commercialise precision fermentation.

Funding & investments
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