The confluence of the coronavirus pandemic of 2020, the rapid development of new food technologies and the rising global demand for protein mean that we are on the cusp of a huge and profitable investment wave into new forms of agriculture. The greatest beneficiaries of this investment wave will be cultured and plant-based foods.
Business
Blue Horizon Ventures, a sustainable food system focused venture capital fund, has held the final close of its first flagship fund Blue Horizon Ventures I, well beyond its initial target size at EUR183 million.
US grocery chain Trader Joe’s, operated by German retail giant Aldi Nord, is looking to introduce more plant-based seafood alternatives within its stores to cover all the protein customers are familiar with.
While the plant-based meat and milk space has seen incredible momentum the last couple of years, cheese has been another story. It’s not that anyone hasn’t tried. For those who want to eat plant-based cheese alternatives for health or sustainability reasons, there hasn’t really been anything out there that’s really close to the real thing. Until now.
The plant-based food sector has been thriving in recent years, with exciting product launches every month. Becoming a thriving plant-based food company, however, isn’t easy – there’s some stiff competition, and developing tasty and healthy recipes can cost a lot of money. This is where venture capital comes in.
