Latest news in the food and nutraceutical industry

Innovation and R&D

Singapore snacking startup making indulgent foods healthy grabs $3M in funding

Singapore snacking startup making indulgent foods healthy grabs $3M in funding

12 Aug 2021

Singapore-based Hoow Foods, which develops better-for-you versions of indulgent snacks and ingredients using artificial intelligence (AI), announced it secured S$3 million in a Series A funding round. The round was led by Singapore-based venture firm F...

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Coca-Cola sells its first nonfungible token

Coca-Cola sells its first nonfungible token

10 Aug 2021

Beverage giant Coca-Cola auctioned off its first-ever NFT or nonfungible token to commemorate International Friendship Day on July 30. Proceeds from the action, which totaled 217 ETH or $569.805, went to Special Olympics International.

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Quorn invests in new French extrusion technology

Quorn invests in new French extrusion technology

5 Aug 2021

Heritage plant-protein maker Quorn awarded its most recent Future Food-Tech Innovation Challenge award to French startup Umiami for the company's novel extrusion technology process that promises thicker, more realistic cuts of plant-based protein.

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Plant-based nugget prices cheaper than real chicken

Plant-based nugget prices cheaper than real chicken

3 Aug 2021

Chickenflation is a real thing, and plant-based protein maker Alpha Foods is taking advantage of skyrocketing chicken prices to grab the attention of non-meat eaters and meat eaters alike.

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World’s first waxed vegan cheese wheels launch in Netherlands

World’s first waxed vegan cheese wheels launch in Netherlands

28 Jul 2021

A Netherlands-based cheesemaker called Max&Bien debuted the world’s first vegan cheese wheel coated in paraffin wax to emulate traditional-style Dutch cheeses. This vegan cheese comes in 1.2-kilogram wheels for cheese and delicatessen stores as well as...

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Israel's Better Juice closes $8M funding round, plans for US debut

Israel's Better Juice closes $8M funding round, plans for US debut

26 Jul 2021

Better Juice, which produces a sugar-reduction technology for juice, closed an $8 million in seed funding in a round led by iAngels Israel. The Israeli startup said it will use the funding to scale its production of sugar-reduction technology while als...

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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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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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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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