Check out what some of the FoodTech 500 Alumni have been up to lately:

 

TASTEWISE | Announced a $50 million Series B fundraising round to further develop its AI-powered platform for the food and beverage industry. Read more

ROOTWAVE | Secured $15 million to expand its chemical-free, autonomous weeding platform, which uses electricity to kill weeds, into Europe and the US. Read more

PFX BIOTECH | The Portuguese precision fermentation startup raised €5 million to scale up the production of its human milk proteins, including lactoferrin. Read more

GOURMEY | The French cultivated meat company has joined the APAC Society for Cellular Agriculture (APAC-SCA) to collaborate on advancing the cellular agriculture field in the Asia-Pacific region. Read more

Gourmey has also achieved a production cost of $3.43 per pound for its lab-grown foie gras, a figure validated by the consulting firm Arthur D. Little. This was made possible by their second-generation production platform, which utilizes 5,000-liter bioreactors and food-grade processes. Read more

WADA FOODTECH | Raised US$5 million to scale its hot-chain decentralized foodservice platform. Read more

ENIFER | The Finnish mycoprotein startup has partnered with Brazilian ethanol giant FS to build a factory in Brazil that will produce mycoprotein from the side streams of ethanol production. Read more

MEALA | Has teamed up with DSM-Firmenich to launch Vertis™ PB Pea, a multifunctional texturizing pea protein for cleaner-label meat alternatives. Read more

BIOCRAFT PET NUTRITION | A carbon footprint analysis showed that its cultivated meat generates 92% fewer emissions than conventional beef byproducts used in pet food. Read more

ZEST (f.k.a Wonki Collective) | Is part of a pilot program with Nestlé and FareShare that uses an AI solution to facilitate the redistribution of surplus confectionery, with an initial goal of redistributing 700 tonnes. Read more

ARKEON | The Austrian startup, which developed technology to convert CO2 into protein, has filed for insolvency. Read more

MAGIC VALLEY | The Australian cultivated meat company held a tasting event for lawmakers at the nation’s Parliament to showcase the future of food and engage with policymakers. Read more

E-FISHIENT PROTEIN | Has developed a plant-based grouper fillet prototype as a bridging solution while it advances its cultivated seafood technology. The company aims to create a cultivated grouper fillet combining real fish cells with their technology. Read more

MEATLY | Reduced its bioreactor costs by 95% and significantly lowering the cost of its production medium. The company plans to build multiple 20,000-liter bioreactors to scale up production of its cultivated chicken ingredient for the pet food market. Read more

DREAMFARM | The Italian vegan cheesemaker launched a creative marketing campaign in Milan where they staged a scene of cows “going on vacation,” suggesting they can rest thanks to the company’s plant-based cheese alternatives. Read more

OCEAN TWIST | The biotech-driven circular protein company is opening its biotech lab to partners. With deep expertise in food, feed, agritech, and blue bioeconomy, the team is now offering fast, flexible, and cost-efficient R&D services. Read more

UPSIDE FOODS | Protested Indiana’s upcoming ban on cultivated meat by serving cell-cultivated chicken sandwiches at the Indianapolis 500. The company is also legally challenging a similar ban in Florida. Read more

PLENTY | Has successfully emerged from Chapter 11 bankruptcy with a new, exclusive focus on strawberry production. With backing from investors, the company has resumed construction on its vertical strawberry farm in Virginia and is expanding its growing capacity. Read more

MILLOW | Is establishing a large-scale factory in Sweden to produce up to 500kg of its “beef-like” protein daily. The company uses a minimal processing method of dry-state fermentation with oats and mycelium. Read more

MELIBIO | The bee-free honey startup has been acquired by FoodYoung Labs, a Swiss innovation hub. The acquisition includes MeliBio’s consumer brand, Mellody, and its plant-based honey technology. Read more

OSHI | Has launched direct-to-consumer online sales of its plant-based salmon alternative, which was previously only available through foodservice channels. Read more

VOLARE | Raised €26 million to build a new insect protein factory in Finland. The facility will use black soldier fly larvae to convert food industry byproducts into 5,000 tons of protein annually. Read more

SWAP | The plant-based chicken company, formerly Umiami, has appointed Hervé Salomon as its new CEO and is currently seeking emergency funding to continue operations. Read more

Norwegian Mycelium (NOMY) | The Norwegian mycelium startup raised €1.25 million to scale up its process of converting food industry sidestreams into sustainable protein alternatives for both food and aquafeed. Read more

PLANET A FOODS | Has partnered with the German hypermarket chain Kaufland to launch two private-label products featuring its cocoa-free chocolate alternative, ChoViva. Read more

CLIMATEAI | Launched a new AI model called Foundational Intelligence for Climate & Economy (FICE) that analyzes the impact of extreme weather on consumer behavior by combining consumer transaction data with hyper-local weather risk modeling. Read more

CLEARLEAF | Secured $3.5 million in seed funding to expand the global market reach of its non-toxic agricultural pathogen control products, with a focus on the United States. Read more

UMAMI BIOWORKS | Has partnered with Japanese seafood giant Maruha Nichiro Corporation to develop and commercialize cell-cultivated tuna. Read more

NEW SCHOOL FOODS | Is expanding the availability of its plant-based whole-cut salmon to over 30 restaurants across Canada, in partnership with distributors Gordon Food Service and Bondi Produce. Read more

ALL G | The Sydney-based company has filed a patent for a new manufacturing process to create human casein micelles, which are critical components of breast milk, using precision fermentation. Read more

COCUUS | Has launched its Adaptive Multilayer System (AMS), a manufacturing platform designed to create more complex and textured plant-based food products by layering different ingredients. Read more

TURTLETREE | Has received a “no questions” letter from the US Food and Drug Administration for its precision-fermented bovine lactoferrin, clearing a significant regulatory hurdle. Read more

FABLE FOOD | The shiitake mushroom-based meat alternative company saw over 50% year-over-year growth in 2024 and is projecting stronger growth this year. Read more

MUU | The Thai animal-free dairy startup secured an undisclosed amount of funding to scale up the production of its casein and whey proteins made through precision fermentation. Read more

VERDI | The AgTech company raised $6.5 million in seed funding to expand its irrigation automation technology across North America. The technology can be retrofitted to existing systems to save labor and reduce water usage. Read more

JUICY MARBLES | Has launched its range of plant-based whole-cut meats in Spain through a partnership with the distributor Zyrcular Foods. Read more

OPO BIO | The New Zealand biotech startup, which specializes in cell line manufacturing for cultivated meat and other applications, has secured funding from the female-only investment collective Epic Angels. Read more

HEURA FOODS | The Spanish plant-based meat company secured a €20 million loan from the European Investment Bank to expand into new product categories, including high-protein pasta and dairy-free cheeses, and aims for profitability by the end of 2025. Read more

REVO FOODS | Launched a crowdfunding campaign that has already raised €1.2 million to expand the production of its 3D-printed, mycoprotein-based products. Read more

BETTER DAIRY | Has successfully produced osteopontin, a high-value protein found in milk, using precision fermentation and is targeting the nutrition market, including infant formula and dietary supplements. Read more

HIGH TIME FOODS | The Bengaluru-based startup secured $1.2 million in funding to expand its non-refrigerated, plant-based protein products into the US and other emerging markets. Read more

MEATI FOODS | The mycelium protein company is set to be sold for $4 million after a financial crisis. Read more

 

Forward Fooding is the world’s first collaborative platform for the Food & Beverage industry via FoodTech Data Intelligence and Corporate-Startup Collaboration – Learn more about our Consultancy and Scouting Services and our Startup Network.