ÄIO, a biotechnology start-up that develops food products from by-products of the wood and the agricultural industry, has raised €1 million. Investors include Nordic Foodtech VC, EAS and other partners.
US-based startup Planetarians has raised a $6 million seed II round to fund commercial production of its patented, whole-cut, plant-based protein based on just two ingredients.
New data suggests that there is a strong appetite for alternative protein technologies and products in the UK, despite economic headwinds and a downturn in investment in other regions.
Canadian startup New School Foods has developed a method to produce whole-cut, plant-based salmon that looks like the real thing. It has also raised $12 million in seed funding.