UAE declares winners of $2m foodtech challenge
Four startups have been chosen as the winners of 2022’s Global FoodTech Challenge and will share $2 million in prize money to expand their businesses within the United Arab Emirates (UAE).
Foodtech Startup
Project Eaden extends funding to €10.1m for plant-based meat
German food-tech startup Project Eaden, a developer of new fibre technology to produce ultra-realistic plant-based meat, has extended its seed round to €10.1 million.
Liberation Labs raises $20m for precision fermentation facility
US startup Liberation Labs has completed a $20 million seed round of funding. It will be invested in new capacity for its precision fermentation platform, as it taps the booming alternative proteins market.
Harnessing the power of machine learning to make vegan cheese
US-based startup Climax makes vegan cheese with recipes developed by using machine learning. Its technology finds out at the molecular level what makes animal-based foods so loved by consumers, then comes up with plant-based ingredients to replicate them.
UPSIDE Foods nears US authorisation for lab-made chicken
The US Food and Drug Administration (FDA) has completed its first pre-market consultation on a human food made from cultured animal cells, analysing the lab-made chicken developed by UPSIDE Foods.