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.

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.

UK tempeh brand Better Nature has secured £1.1m in funding to accelerate the growth of its tempeh range on a global scale.

US-based hummus brand Little Sesame has successfully closed an $8.5m Series A funding round, led by InvestEco Capital.

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.

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.

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

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.

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