Latest News in the food Industry

Sustainability

Oceanium Raises $2.7M to fund seaweed-based sustainable initiatives

Oceanium Raises $2.7M to fund seaweed-based sustainable initiatives

24 May 2021

UK-based Oceanium closed a second seed funding round for £2 million ($2.7M USD). The round was led by Green Angel Syndicate with participation from the World Wildlife Fund. Funding will be used to scale the company's proprietary bio-refinery and proces...

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Access in the spotlight this World Hunger Day

Access in the spotlight this World Hunger Day

21 May 2021

The Hunger Project has made huge progress in reducing global hunger, but Covid-19 has worsened poverty and limited food availability in many communities. This World Hunger Day, the focus is on access – to food, but also to essential resources like educ...

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Price will dictate adoption of cultured meat in Southern Europe

Price will dictate adoption of cultured meat in Southern Europe

21 May 2021

Over half of consumers in Greece, Croatia and Spain are willing to purchase cultured meat if the price was lower than conventional equivalents, according to a new study from the University of Copenhagen. This finding led researchers to conclude that af...

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Asian plant-based meat OmniPork coming the U.S. in 2021

Asian plant-based meat OmniPork coming the U.S. in 2021

11 May 2021

OmniPork, the plant-based pork analog line from the parent company Green Monday, will launch its products in the U.S. in 2021, Food Navigator reported. There was no specific date announced for the products’ arrival in supermarkets, but OmniPork has alr...

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JBS expands its vegan portfolio, buys Vivera for $410M

JBS expands its vegan portfolio, buys Vivera for $410M

28 Apr 2021

JBS, the world’s largest protein company, entered into an agreement to purchase Vivera, Europe’s third-largest plant-based food producer for approximately $410 million (€341 million). The transaction is subject to regulatory approval, but the deal incl...

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PepsiCo announces plans to reduce global GHG emissions by 3M tons

PepsiCo announces plans to reduce global GHG emissions by 3M tons

27 Apr 2021

PepsiCo released its 2030 sustainability goals where it said it plans to eliminate at least 3 million tons of greenhouse gas emissions (GHG) by the end of the decade, improve the livelihoods of more than 250,000 people in its agricultural supply chain ...

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Papaya waste upcycled for nutritious snack bars in Ethiopia

Papaya waste upcycled for nutritious snack bars in Ethiopia

20 Apr 2021

Papayas have long been praised for their enzymatic content, but they are now also finding a role as a key ingredient in snack bars made locally in Ethiopia thanks to their nutritious profile and widespread availability.

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Pea-based tofu offers another alternative for plant-based protein

Pea-based tofu offers another alternative for plant-based protein

19 Apr 2021

UK-based tofu alternative manufacturer Peafu is looking to make a pea-based tofu product available to the market by 2022. Currently, the product is in the prototype phase.

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AeroFarms goes public through merger with Spring Valley Acquisition

AeroFarms goes public through merger with Spring Valley Acquisition

5 Apr 2021

Vertical farm company AeroFarms merged with the publicly traded special purpose acquisition company (SPAC), Spring Valley Acquisition in order to continue the expansion of the greens grower both in terms of production and distribution. The transaction ...

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Imperfect Foods plans for net-zero carbon emissions by 2030

Imperfect Foods plans for net-zero carbon emissions by 2030

25 Mar 2021

Online grocer Imperfect Foods announced that by 2030, it will be a net-zero carbon company that has saved 1 billion pounds of food from waste. Successfully meeting this goal would put Imperfect Foods 10 years ahead of other major retailers striving for...

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Babylon MicroFarms Closes $3M Seed Round

Babylon MicroFarms Closes $3M Seed Round

23 Mar 2021

Virginia-based agtech company Babylon Micro-Farms announced that it raised $3 million in a seed funding round with participation from existing its investor, the Center for Innovative Technology, as well as new participants, including Hull Street Capita...

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Pig-free pepsin comes to market from Clara Foods

Pig-free pepsin comes to market from Clara Foods

22 Mar 2021

Following six years of research, biotech ingredients maker Clara Foods rolled out the first commercially-available, animal-free pepsin enzyme that is is free of antibiotics and hormones as well as being vegan, Kosher and Halal, according to a press rel...

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