Biz Republic’s Post

Sad news for #cultivatedmeat - SCiFi Foods closes shop - but could a #slaughterfree phoenix rise for the ashes? We have been talking about the likelihood that closures, mergers, and acquisitions may be round the corner (buy me a drink if you want my off-the-record thoughts on this...), and the profitable opportunities that remain in in #cellbased for some time. But I am interested in this from an IP perspective, as going into administration might open up the playing field. SCiFi filed multiple #patents, particular relating to "hybrid" #plantbased/cell-based foods and engineered cell lines. It is too early to say what will happen to these - will they be sold off, or become abandoned? - but the technology may become available (either to a single buyer, or to the public at large). These kinds of events - whilst sad - have the potential to reshape the landscape. I wonder what will happen.

Applications for the $3 million food and agriculture global startup competition will be accepted through May 15. Grow-NY attracts high-growth potential food and agriculture startups to compete for $3 million in total prize money each year and supports 20 finalists through a business development phase that connects them with the region’s resources. Year 6 of the program is an invitation to #startups from around the world to “grow, and lead change,” situating the accelerator and competition at the center of an emerging, climate-smart bioeconomy. Grow-NY offers food and ag-tech startups from around the world the opportunity to win up to $1 million, as well as dedicated business mentorship and introductions to the region’s leaders and resources to connect them to potential partnerships and other strategic opportunities. #agtech #foodtech #agribusiness #startupfunding #competition #agrifood https://lnkd.in/gSTHpHHK

Check out the video below to see our CEO, Ernst van Orsouw, explain how our pluripotent stem cells are helping accelerate the development of affordable #cultivatedmeat. Thanks FoodNavigator for the coverage!

'Start your week with a start-up' is back, and this week we're hearing from Roslin Technologies, on how it's making cultivated meat affordable. #startup #cultivatedmeat #foodsecurity https://lnkd.in/exCKmzwm

🚀 All the best to the recently launched 12th Cohort of ProVeg Incubator!🌱 We are thrilled to extend our best wishes to the innovative startups and their founders participating in the 12th cohort of the ProVeg Incubator. This year’s lineup is truly impressive, featuring cutting-edge advancements in cultivated seafood, microalgae technology, and novel mycelium-delivery platforms. 🌟 Meet the startups 🐠 Atlantic Fish Co (United States): This company specializes in cultivated seafood, focusing on marine white fish like sea bass. They recently unveiled the world's first cultivated black sea bass. 🍣 Optimized Foods (United States): Offers a proprietary mycelium-based ingredient encapsulation platform, MycoCarrier™, which optimizes texture, taste, and nutritional value in alternative protein products. 🧬 AlProtein (Egypt/United States): Revolutionizing the production of high-quality proteins from microalgae and water lentils, using AI-powered biomanufacturing. Their technology promises sustainability without the need for freshwater or arable land. 🐟 Fisheroo (Singapore): Aaron Chua Yu Xiang, a seasoned biotechnologist, founded Fisheroo to create enabling technologies for more efficient and economical cultivation of meat and seafood from cells. 🐈 Friends & Family Pet Food Co (United States): Leading the way in pet nutrition with yeast and cultivated ingredients that meet the essential protein requirements for cats and dogs. As these startups embark on their journey, Cibus Nexum is proud to have previously contributed to the ProVeg Incubator program through our workshop, "Comanufacturing & Supply Chain: Unlocking Success for Startups". Our workshop focused on helping startups navigate the complexities of co-manufacturing, ensuring they can scale effectively and maintain high standards of quality and sustainability. We at Cibus Nexum are excited to see the growth and success of these innovative startups. Their dedication to sustainable and cutting-edge food technology aligns with our values of being Personal, Sustainable, and Independent. We are confident that with the enhanced support of the ProVeg Incubator, they will achieve remarkable milestones in the food industry. #foodinnovation #sustainablefood #alternativeprotein #futureoffood #foodtech Note: Aligning with our mission, we consistently strive to support and inspire food industry startups. By providing expert guidance on co-manufacturing and supply chain management, we help businesses scale efficiently and sustainably.

Interested in insect and its potential as an industry. This article from FasterCapital answers many of the questions investors and public in general have about the business of insects #angelinvestor #StartupsCanada #innovation https://lnkd.in/ggztbtW5

Agtech Terrantic Clinches $3.5M for Digitized Supply Chain in Oversubscribed Seed Round Seattle-based agtech startup Terrantic, which is digitizing the ag supply chain, has secured $3.5 million in a seed round that was oversubscribed. Led by Supply Change Capital, the round extended other backers including York IE and VITALIZE Venture Capital as well as Array Ventures, the latter of which is an existing investor. Terrantic, which specializes in supply chain data, will direct the proceeds toward advancing its mission to help growers and producers slash food waste while bolstering yields by enhancing supply chain operations, resulting in better quality products from farm to table. https://hubs.li/Q02LxPvW0

Savor, a Bill Gates-backed startup in California, has developed dairy-free butter with a low environmental impact. Gates praises lab-made fats for their taste and minimal environmental footprint. Social media reactions are mixed. The startup has successfully created dairy-free butter from the air using a thermochemical process. Founded in 2022 by Henrik Bennetsen, Ian Salmon McKay, and Kathleen Alexander, Savor produces animal-free fats, like butter, in a lab setting for various meat and dairy products like ice cream, cheese, etc. Savor’s real fats claim to deliver full flavour without compromising performance, environmental impact, or price. Savor said its products will have a significantly lower carbon footprint than animal-based ones as the “butter” comes in at less than 0.8g CO2 equivalent per kg. In contrast, real unsalted butter with 80% fat has a standard climate footprint of 16.9kg CO2 equivalent per kg. Kathleen Alexander, chief executive at Savor, told the media, “We are currently pre-commercial and working through regulatory approval to sell our butter. We are not expecting to be able to move forward with any kind of sales until at least 2025. So far, we have had informal taste panels with tens of people. We expect to perform a more formal panel as part of our commercialisation and scale-up efforts.” Bill Gates supports the initiative to switch to lab-made fats and oils and their potential to reduce our carbon footprint. He wrote that the process has minimal environmental impact and tastes just like the real thing. Bill Gates wrote in his blog post, “The idea of switching to lab-made fats and oils may seem strange at first. But their potential to significantly reduce our carbon footprint is immense. By harnessing proven technologies and processes, we get one step closer to achieving our climate goals.” He added, “The process doesn’t release any greenhouse gases, and it uses no farmland and less than a thousandth of the water that traditional agriculture does. And most importantly, it tastes really good – like the real thing, because chemically it is.” Website: www.savor.it #Startuppedia #startup #dairybrand #dairystartup #dairyproducts

Welcome to The Kitchen! It is an honor to welcome Finally Foods Ltd to The Kitchen portfolio. The company was founded by Dafna Gabbay, CEO and Basia Vinocur, CTO, two outstanding women with vast experience in tech and science, a passion for food and a strong desire to change the food system for the benefit of planet, people and animals. Finally Foods was established in collaboration with Evogene and is utilizing Molecular Farming to express and manufacture proteins of interest in an environmentally friendly and efficient manner, starting with Casein. Read more about the company at the article by Elaine Watson on AgFunder (link in 1st comment) #FoodTech #Food #startups #venturecapital Strauss Group, Ofer Haviv, Eyal Ronen, Jonathan Berger, Hadas Rajchenberg, Dorit Rozner, PhD, David Leibler

In an era marked by technological innovation, every aspect of industry is being transformed, and the food supply chain is no exception. For daily news and analysis subscribe to the https://lnkd.in/gkhK-zyg newsletter. #Tech #Innovation #Startups