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Saudi start-up Red Sea Farms raises $10m to grow food in saltwater

Saudi start-up Red Sea Farms raises $10m to grow food in saltwater

26 Jul 2021

Red Sea Farms, which grows organic, pesticide-free tomatoes using saltwater in Saudi Arabia, has received a $10 million venture capital investment.

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Eat Just looks to crack into the market with a $3B IPO

Eat Just looks to crack into the market with a $3B IPO

23 Jul 2021

Cultured protein maker Eat Just is targeting a $3 billion initial public offering in Q4 2021 or early in 2022, Forbes reported after receiving information from a leading investor in the plant-based egg producing company.

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Salt of the Earth creates low-sodium Craveability

Salt of the Earth creates low-sodium Craveability

22 Jul 2021

The consumer appetite for exciting, nutritious, full-flavored snacks put the spotlight on better-for-you plant-based options. After extensive research and lab tests, Salt of the Earth introduces its all-natural solution for making lentils bites tastier...

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General Mills launches snack limiting blood sugar spikes

General Mills launches snack limiting blood sugar spikes

21 Jul 2021

Coming out of General Mills’ Innovation Lab is a new snack brand called Good Measure that is designed specifically to not spike the blood sugar of the person snacking. While this product can serve a wide variety of consumers, including those following ...

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Animal-free dairy cheese appeals to over half of global consumers

Animal-free dairy cheese appeals to over half of global consumers

20 Jul 2021

Globally, 70.5% of consumers said they would be willing to buy cheese made with dairy proteins that don’t come from animals, according to a new survey from the precision fermentation company Formo and the University of Bath published in the journal Fro...

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Cambridge University invents vegan spider silk to replace single-use plastics

Cambridge University invents vegan spider silk to replace single-use plastics

19 Jul 2021

Xampla, a spinoff from Cambridge University, is working on commercializing a biodegradable alternative to single-use plastics that is made out of plant products but where the molecular structure is manipulated to resemble spider silk.

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Kerry to purchase preservative company Niacet for $1B

Kerry to purchase preservative company Niacet for $1B

16 Jul 2021

Irish ingredients giant Kerry Group has entered into an agreement to buy the clean-label preservatives manufacturer Niacet from the private equity group SK Capital for $1 billion. The transaction is expected to close in the third quarter of this year.

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C3 on its recent MENA expansion: ‘The region is a hub of tech and culinary innovation’

C3 on its recent MENA expansion: ‘The region is a hub of tech and culinary innovation’

16 Jul 2021

Omnichannel food tech platform Creating Culinary Communities (C3) is bringing its cloud kitchen and food delivery tech to the Middle East North Africa (MENA) region, announcing a $100 million joint venture in Saudi Arabia just months after expanding to...

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Future of Nutrition Award debuts at the Fi Europe Innovation Awards

Future of Nutrition Award debuts at the Fi Europe Innovation Awards

16 Jul 2021

The Fi Europe Innovation Awards, held at Fi Europe 2021 co-located with Hi Europe, celebrate people, companies and organisations breaking new ground in the Food & Beverage industry.

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Halo Top co-founder launches low-calorie, low-sugar chocolate bar

Halo Top co-founder launches low-calorie, low-sugar chocolate bar

15 Jul 2021

Gatsby Chocolate is one of the newest entrants into the better-for-you indulgence space as of this summer. From the founder of Halo Top ice cream, Doug Bouton, this new chocolate bar uses Epogee's EPG fat alternative ingredient, which is a formulation ...

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Livekindly creates New Vegan Food Brands for Chinese market

Livekindly creates New Vegan Food Brands for Chinese market

14 Jul 2021

Plant-based company collective Livekindly launched its first brands created in-house. Sold under the names Giggling Pig 咯咭藸 [Ge Ji Zhu] and Happy Chicken 哈皮鸡 [Ha Pi Ji], these brands sell products aimed at Gen Z Chinese customers that are interested in...

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Aleph Farms raises $105M, plans for cell-based meat launch in 2022

Aleph Farms raises $105M, plans for cell-based meat launch in 2022

13 Jul 2021

Cultured meat manufacturer Aleph Farms is steaming ahead toward its goal of commercialization. The Israeli startup announced it received $105 million in funding from a Series B investment round led by L Catterton's Growth Fund and DisruptAD, which is o...

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