Latest news in the food and nutraceutical industry
Innovation and R&D
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
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
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
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
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
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
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
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
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
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
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
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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