Latest News in the food Industry

Dairy

Cell-cultured dairy company maker TurtleTree closes $30M in Series A

Cell-cultured dairy company maker TurtleTree closes $30M in Series A

8 Nov 2021

Singapore’s TurtleTree successfully closed a $30 million Series A funding round led by Verso Capital. This investment is one of the largest rounds to date in Asia’s cell-based food sector and brings TurtleTree’s total investment figure to $40 million.

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EU approves protein ingredient from Eat Just

EU approves protein ingredient from Eat Just

25 Oct 2021

Eat Just, the company behind the mung bean-based Just Egg, received approval from the European Food Safety Authority (EFSA) stating that its novel mung bean protein used in its egg substitute is safe for consumption. It is the first novel legume protei...

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Clara Foods rebrands as the EVERY Company and launches animal-free egg

Clara Foods rebrands as the EVERY Company and launches animal-free egg

20 Oct 2021

Fermentation startup Clara Foods announced it is rebranding as the EVERY Company at the same time that it is launching the world’s first animal-free, nature-equivalent egg protein — ClearEgg.

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Mondelez introduces a vegan version of its Cadbury bar

Mondelez introduces a vegan version of its Cadbury bar

18 Oct 2021

Cadbury will soon have a new vegan chocolate bar in the U.K., called the Cadbury Plant Bar, Mondelez International announced. The new plant-based offering is inspired by Cadbury’s Dairy Milk, one of the most well-known chocolate bar options in the regi...

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Danone set to launch “dairy-like” segment

Danone set to launch “dairy-like” segment

8 Oct 2021

To help close the gap between dairy drinkers and plant-based milk acolytes, dairy giant Danone is launching a plant-based “dairy-like” segment in January 2022. Initially, the new segment will launch with two beverages: Silk nextmilk and So Delicious Wo...

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Ripple closes $60M investment round, targets global expansion

Ripple closes $60M investment round, targets global expansion

6 Oct 2021

Animal-free, pea-protein-based dairy maker Ripple Foods raised $60 million in a Series E funding round led by Rage Capital, Ajax Strategies, and S2G Ventures, with backing from OurCrowd, GV, Prelude Ventures, Euclidean, Fall Line Capital, and Tao Capit...

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Perfect Day lands $350M, introduces cream cheese

Perfect Day lands $350M, introduces cream cheese

4 Oct 2021

Animal-free dairy protein company Perfect Day announced it closed a $350 million Series D funding round led by Temasek and Canada Pension Plan Investment Board (CPP Investments). Additional participation came from long-time investors Horizons Ventures,...

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EU approves exported camel milk for another year

EU approves exported camel milk for another year

27 Sep 2021

The European Commission reapproved the export of camel milk from the United Arab Emirates (UAE) to 27 member states of the economic block for 2021. As part of the agreement, the E.U. will require the UAE Ministry of Climate Change and Environment (MoCC...

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Autonomous human milk factory arrives in U.S.

Autonomous human milk factory arrives in U.S.

20 Sep 2021

108Labs announced it will build a ‘Cellfacturing’ facility to produce the startup's cell cultured human milk. The factory will operate using a proprietary artificial intelligence platform to produce this cultivated milk at scale.

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UK’s Sleep Well milk aims to launch in Asia

UK’s Sleep Well milk aims to launch in Asia

3 Sep 2021

Functional milk brand Sleep Well, which uses the active ingredient valerian to promote good sleep, has made launching its products in Asia a priority. Already, the U.K.-based brand has confirmed to Beverage Daily that it will launch in convenience stor...

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Cacique breaks ground on new $88M facility

Cacique breaks ground on new $88M facility

15 Jun 2021

In the midst of a market that seems to be moving toward plant-based dairy, Hispanic foods company Cacique has sealed a deal to open a brand new $88 million dairy processing facility in Amarillo, Texas. The new facility will be equipped to handle dairy ...

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Icelandic Provisions dips into oat milk with new skyr product

Icelandic Provisions dips into oat milk with new skyr product

11 Jun 2021

American dairy company Icelandic Provisions launched its first plant-based product, Oatmilk Skyr. When the product rolls out across the U.S. at Whole Foods Market locations, the company says that it will become the first oat milk skyr on the market.

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