The German biotech firm has received 17.5 million dollars in a Series A funding round. The startup is focused on using this newly acquired funding to gain regulatory approval in the United States for its first two products, fish fingers, and fish balls.
Mars has signed an agreement to acquire the nutritious meal company for an undisclosed amount. This is an interesting move by a company best known for less-healthy confections such as M&M’s, Twix, and Snickers.
Prairie Pulse owns a pulse crop cleaning, milling, and packaging facility in Canada. this plant is said to double ADM’s pulse footprint in the region.
Bay Area Restaurant Bar Crenn will now be offering cell-based chicken to customers. The first to be able to try this will be the winners of a recent social media contest held by Upside Foods.
Nutraceutical Business Review
The companies hope to develop plant-based alternatives, particularly products made out of pumpkin seeds. A More Foods spokesperson has said that this partnership “aims to meet th growing demand for healthy and sustainable food options” combining “More Foods’ expertise in plant-based technology” with Tivol’s “vast market research”.
The Carbon Disclosure Project has warned that the biggest players in the food and agriculture sectors could lose 150 billion dollars if they fail to implement no-deforestation/conversion policies. Its Global Forests Report, predicts such a decline due to their over-reliance on forests’ resources.
With food-borne illnesses and food fraud being big issues in this day and age, tracking food has become a matter of great importance. However, the further an ingredient is transported from farm to plate, the harder it is to track. This new barcode, made out of baker’s yeast, can trace food’s point of origin.