Latest Headlines

  • The Israeli startup The Mediterranean Food Lab, which has been developing natural plant-based flavor bases for the alternative meat sector, has won an award of €100,000 from the EIT Food Accelerator Network (FAN) Program, according to a statement released by the Technion on Tuesday. The EIT FAN program is held at the Faculty of Biotechnology and Food in the Technion, in conjunction with the Strauss Group. EIT Food, a major European food intiative, has been seeking to reshape the foundations of the food industry.

    Plant-BasedMeatBusiness
    jpost.com
  • Food scientists for decades have tinkered with plant proteins, starches and oils to make burgers that sizzle, bleed and taste like real beef, without harming a single steer. Then comes the hard part: formulating a name. Last year MorningStar Farms, a division of Kellogg Co., introduced “Incogmeato” and Spam maker Hormel Foods Corp. launched “Happy Little Plants.” A Canadian plant-based retailer calls itself YamChops, San Diego startup Before the Butcher sells the “Uncut” burger and a San Francisco company is called Unicorn Meat.

    Plant-BasedMeatBusiness
    wsj.com
  • A rapidly growing team are producing the food of the future inside of a factory in the outer northern suburbs of Sydney and they think they’ve solved one of the biggest problems facing their surging industry. ProForm Foods, founded by Vogel’s Cereal entrepreneur Stephen Dunn and led now by his triple Olympian son Matthew, is launching its new plant-based meat product MEET. On Thursday, the ribbon was cut at its new 1600 sq metre plant at Mount Kurring-gai, capable of producing 5000 tons of the stuff a year.

    Plant-BasedMeatBusiness
    news.com.au
  • Moolec Science has developed a hybrid concept – which combines plant-based and cell-based technologies – to make affordable alternative proteins for food. FoodNavigator caught up with the company’s co-founders to find out how molecular farming can boost ingredient functionality.

    Cell-BasedIngredientsBusiness
    foodnavigator.com
  • In the first-ever food-tech Initial Public Offering on the Tel Aviv Stock Exchange, SavorEat has raised NIS 42.6 million (about $13 million) from leading Israeli institutional investors. The offering attracted large demand from investors, including Gemel and Meitav Dash and Gemel Pensions. The company's valuation for the offering was NIS 170 million ($50 million) before money. The offering was conducted by Leumi Partners Underwriters, which also as underwriters exercised its pricing for the offering, and was supported by the Horan & Co. law firm.

    Plant-BasedMeatBusiness
    en.globes.co.il