Plant-based meat producer Impossible Foods Inc. said it raised $200 million in its latest funding round, bringing the total investment raised by the company to nearly $1.5 billion. The new investment will be used for research, product development, international operations and other core functions, the company said in a statement.
Designing and building the 42,500-square-foot plant that has been making Good Catch plant-based seafood since May was enough of a challenge, but coronavirus made it much more complicated. Gathered Foods Executive Chair Chris Kerr still hasn't seen the place that has consumed a great amount of his thoughts and actions for the last two years, $20 million of his company's funds, and 42,500 square feet in an industrial park in Heath, Ohio.
Avena Nordic Grain, part of Finnish food industry group Apetit, has developed a new, sustainable, plant-protein-fibre ingredient: BlackGrain from Yellow Fields. FoodNavigator learns more about the unique ingredient’s nutritional and functional characteristics.