Startups developing innovative food and ingredients, including alt-proteins, raised more funding in the first half of 2020 than all of 2019, according to AgFunder‘s recent Agrifoodtech Mid-Year Investment Review.
Is cultivated meat — essentially, animal protein grown under lab conditions — a nourishing prospect to help feed the world, or is it more sizzle than steak? A consortium of researchers at the University of California, Davis, aims to explore the long-term sustainability of cultivated meat, supported by a new grant of up to $3.55 million from the National Science Foundation Growing Convergence program, in addition to previous support from the Good Food Institute and New Harvest.
Perfect Day is ranked #1 as the most funded alternative protein fermentation company in a compelling report released by the Good Food Institute, detailing record-breaking investments in the space and establishing the role of fermentation in the alternative protein industry.
In a vast, illuminated greenhouse set among Iceland’s otherworldly lava fields, the genetically modified shoots of an ancient cereal crop may hold the key to the food of the future. Using abundant geothermal waters for heating and volcanic ash instead of soil, biotech company ORF Genetics is growing barley here to produce growth factors - one of the most important, and costly, ingredients for producing cell-based meat.