THE BLOG

We are excited to announce the official winners of the 2022 FoodTech 500, recognizing the top companies shaping the future of food! After carefully reviewing all submitted applications, we are proud to share the complete ranking of all 500 companies.

As the industry continues to expand, the individual companies within it have demonstrated remarkable growth, some collecting $100 million or more. To recognize these pioneers and their exceptional work, we've introduced the $100 million Club, a new classification within the FoodTech 500 that gathers inspiring companies with $100 million in raised funding or more under their belt.

What if we could grow a gram of pure protein extract inside a plant? Molecular farming proposes to do just that. Plant molecular farming (PMF) is an application of biotechnology that traditionally involves using genetically modified plants to produce useful products such as pharmaceuticals, industrial enzymes and vaccines. Genetically modified plants are used as “bioreactors” to produce the desired products, which can then be harvested and purified for use. Recently, the sector started to make headlines as a few companies gained prominence for their use of this technology in the food industry

On 17 January 2023, the global FoodTech Challenge (FTC) announced four winners for the competition’s second edition during an awards ceremony at Abu Dhabi Sustainability Week (ADSW). After a shortlisting process that started in 2022, which saw Forward Fooding involved as an outreach partner and participating in the early stages of the selection process, a judging committee awarded a pooled prize of up to US $2 Million to Aquagrain, Orbisk, Revoltech, and Sustainable Planet. These companies will now receive funding to scale up their new businesses in the UAE.