Latest News in the food Industry

28 May 2021

In a u-turn from its policy last fall, the European Parliament dropped Amendment 171 and will allow manufacturers to use descriptive terms like “buttery” and “creamy” to describe plant-based products.

27 May 2021

Eat Just announced its Good Meat division, which is responsible for producing the world’s first commercially-available cultured meat product, received $170 million in funding from UBS O’Connor, Graphene Ventures and K3 Ventures. With this influx in fun...

26 May 2021

Plant-based chicken making Daring announced it closed a $40 million Series B funding round led by D1 Capital Partners. Additional participation came from Canadian rapper Drake as well as existing investors Maveron and Palm Tree Crew. This funding round...

25 May 2021

Calidad Pascual launched Mylkcubator through its innovation and investment arm, Pascual Innoventures. Mylkcubator is the world’s first global incubation program for cellular agriculture technologies in the dairy industry aimed at producing dairy altern...

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...

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...

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...

20 May 2021

Ayurvedic food brand Sattviko says it wants to spark an Indian superfood revolution by using traditional Ayurvedic ingredients in modern, convenient formats.

20 May 2021

Israeli plant-based nutrition company Equinom teamed up with Mexican sesame processor Dipasa to create a high-protein sesame concentrate. Equinom will use its AI technology to develop the new variety while Dipasa will process it and deliver it to the m...

19 May 2021

Ingredion and Amyris struck a $100 million deal that makes Ingredion the exclusive global licensing partner for Amyris’ Rebaudioside M stevia sweetener, according to a press release. The price tag includes $75 million for the exclusive license to sell ...

18 May 2021

The first phase of the United Arab Emirates’ new Food Tech Valley was launched on May 1, Gulf Business reported. This economic zone is focused on four main innovation clusters in the food tech space: agricultural technology, including bioengineering an...

17 May 2021

A federal excise tax on sugar-sweetened beverages could be on the cards in the US as a Democrat lawmaker announces plans to resurrect the SWEET Act, which proposes a tiered tax.