“The mission is not only to create products that appeal to the mass market that are better for you and better for the planet,” says Matias Muchnick, CEO of plant-based start-up NotCo. “It’s to make sure that we’re holding hands with other companies that are trying to do that as well.” Nine years after Muchnick created NotCo, launched in Chile with a mission to use technology to move the needle on sustainability, the trajectory is pointing upwards. NotCo’s line of plant-based milk, mayo, chicken, beef, ice cream and dulce de leche spread has paved the way for partnerships with Starbucks, Burger King, Papa Johns, Mars and, most recently, Kraft Heinz Company, for which NotCo helped devise a plant-based version of its iconic mac and cheese. So far, NotCo has raised US$430 million and has some 500 employees spread across North and South America, almost half working in science development. “It’s an insane amount of money,” Muchnick told Corporate Knights associate editor Natalie Alcoba during a call from New York City, where the company’s corporate headquarters are now located. Read on to find out about its secret weapon (an AI named Giuseppe) and how looking at food can be just like looking at the composition of a star. It's part of our Plant Power package in our new spring issue, out tomorrow. #plantbased #startup #sustainability https://lnkd.in/d4QMVWMj
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Chicago: A Flavorful Hub of Food Innovation 🏙️🍔 Chicago is redefining the future of food! 💥 From its storied meatpacking roots to today's cutting-edge startups, the Windy City is a breeding ground for culinary creativity. With a perfect blend of rich food industry history, top-notch talent, and a strong focus on sustainability, Chicago is leading the way in food innovation. 🌱🧪 Imagine plant-based wonders that rival meat, or personalized nutrition guided by AI! That's just a taste of what's cooking in Chicago's dynamic food scene. 🤯 Whether you're a foodie, investor, or just curious about the next big thing, Chicago is your destination. 🍽️ https://lnkd.in/g5KbbVht #ChicagoFood #FoodTech #Innovation #FutureFood
From stockyards to plant protein, Chicago is a leader in global food innovation
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💰 Big Idea Ventures’ Global Food Innovation Fund II invested in 6 startups focusing on cultivated meat, fermentation, and gut health The fund builds on Big Idea Ventures' successful New Protein Fund I, expanding investments in proteins, fats, and sustainable ingredients. Supported by major food corporations like AAK and Bühler Group, the fund aims to improve food security and sustainability. MEATOSYS, BiomeMega, Nalca Biotech, and ReNewFood are developing solutions such as on-farm cultivated meat production, sustainable omega fatty acids, modular fermentation, and protein-based flavours for plant-based meats. The other two startups, NANOINGREEN and Future Biome, focus on enhancing gut health through probiotic ingredients with high absorption and advanced prebiotics that address microbiome-related health issues. Andrew D Ive, Henrietta Hearth ✉️ Hungry for more updates on biotech-enabled agrifood businesses and breakthroughs? Devour the free subscription: betterbioeconomy.com
Big Idea Ventures invests in six foodtech start-ups | The Cell Base
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The headline was right: Snacting was just the start ⭐️ Before Bolder Foods, Michael Minch-Dixon and I co-founded another company: Snact. Whilst our day to day today is very different, it's interesting to reflect how 10 years on, some things still remain the same! 🤟 We're still learning A LOT everyday. Three years ago, we basically knew nothing about fermentation or mycelium... Today, with an awesome team, we have trials with market leaders, strong IP, and an awesome journey ahead of us to bring mycelium based cheese alternatives to market (woop Stacey Skaalure, PhD, Ophelia Gevaert, Basile Meulenyzer)! 🤟 We work very well together, and our shared vision keeps driving us forward. True then, true now 😉 🤟 Our focus has shifted from tackling food waste to revolutionising the dairy industry. Yet, our core motivation remains unchanged: transforming the food system for the better, ensuring that future generations inherit a (relatively) habitable planet. 🌍🔄 Where were you 10 years ago? Or where do you think you'll be in 10 years? 🧐 #foodtech #startup
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We had the pleasure of speaking with Brad Vanstone, co-founder of Willicroft, about their mission to revolutionise the dairy industry with plant-based alternatives. 👉 Founded out of personal frustration and a strong desire to make impact, Willicroft is changing the game with their delicious plant-based cheese and their latest innovation, 'Original Better', their plant-based butter product. 🌍 Beyond profits, Willicroft is committed to sustainability, with products emitting up to 25x fewer emissions than traditional dairy. More info about how they track their impact here: https://lnkd.in/ePf8eQuM👏 👏 💡 They're currently seeking investors aligned with their vision of balancing planet, people, and profit. Willicroft is poised for growth and impact so don't miss out! Check out their funding round: https://lnkd.in/e_6yxYyf Read the interview: https://lnkd.in/exjRAGSj #Plantbased #Cheese #Butter #Sustainability #Innovation #Investmentopportunity #Startup
Startup Willicroft: Plant-Based Cheese and Butter with Flavour
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Last week’s top food innovation news 📰🛒 Foxtrot plans to reopen 15 stores in Chicago, Dallas, and Austin this summer. meati™ secures $100M funding while expanding to 7,000 retail locations. ABEC accuses GOOD Meat of owing $63M and engaging in litigation misconduct. Evaluating new food production solutions based on scalability is often misguided. Pairwise creates the first seedless blackberry using CRISPR technology. Brand Bites explores how restaurant brands successfully enter the retail market. Queensland backs Pollination's $150M fund for climate solution startups. #foodtech #foodstartups #foodbiz #agrifoodtech #foxtrotreturns #meati #altmeat
Foxtrot’s Return, Meati Raises $100M + More | Food+Tech Connect
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🌱 Are you familiar with our investment network, Branch Venture Group? 🌱 Branchfood's sister company, Branch Venture Group (BVG), is leading the charge in transforming the food industry through strategic investments. Their multitude of portfolio companies is working across the entire food system, driving progress in areas from agtech, to consumer product innovation, and everything in between. Imagine a future where cell-cultured protein is consumed widely, precision agriculture maximizes yields with minimal environmental impact, and cutting-edge hospitality technology delivers the most personalized dining experience. BVG is investing in this future, and we are always interested to learn about the latest products, technologies, and services defining the future of food. If you have a groundbreaking idea or early-stage company in food and beverage CPG, foodtech, or agtech, we want to hear from you! Get in touch with us today to explore how we can support your journey! 📈✨ https://lnkd.in/dwDhNn7n Waku, Trashy, Loco Coffee Co., Shameless Pets, Mori, BlueTrace, UPSIDE Foods, Reel, Chia Smash, Peelon™, Kosterina, Caraway Home, Atlantic Sea Farms, Copra Coconuts, TrewUp, Lauren Abda, Marcia Hooper #branchventuregroup #foodtech #socialinnovation #foodstartup #agrifoodtech #foodbusinessstartup #foodpreneur #foodentrepeneur #foodstartups #foodscience #foodbrand #foodindustry #foodconsultant #foodbusiness #foodinnovation #foodbranding #foodtechnology #startupcommunity #foodmanagement #foodnews
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Way to #niche it, #BreadAndButterVentures! | #FoodMatters #Technology #VentureCapital #VC #Business #Entrepreneurship #Startups #SmallBusinessesMatter #SmallBiz #SMB #SME #EconomicDevelopment #Minneapolis #TwinCities #Minnesota
Excited to share our Bread and Butter Ventures 2024 Foodtech Thesis, published by my partner Brett Brohl, where he writes about the next frontier of the industry being vertical software in food. In this great walk down memory lane, Brett walks though the last 9 yrs of investing in the space and why we're so excited about companies like Dispatch Goods Clean Crop Technologies, Inc. First Bite Science On Call: Tech Support for Restaurants Caddy SocialCrowd Milk Moovement STOPWATCH™️ and many more. This is one of the most complex, foundational, and critical sectors of the global economy and I'm excited to see what's next! https://lnkd.in/g5FrnPRu #foodtech #food #venture #earlystage
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🌱 Scaling Your Startup with Insight and Innovation 🌱 Attention startups and small business owners! 🚀 Are you keeping tabs on the pace of technology and innovation in your industry? If not, you might be missing out on transformative opportunities and growth strategies. A recent development in the plant-based food tech sector demonstrates how incorporating advanced technology can propel a business into new markets and opportunities. 📈 Case Study: Tender Food Inc. 📈 - Innovation: Using fiber-spinning techniques, similar to how cotton candy is made, to create realistic plant-based meats. - Growth: Secured a prominent contract and expanded into multiple venues, demonstrating practical market adoption. - Investment: Recently bolstered by an $11M funding round to increase product development and scale operations. 👁️ Why It Matters 👁️ This narrative isn’t just about a company growing; it's a playbook on how adapting new technologies can meet escalating market demands efficiently. Startups, especially in tech, can glean that: - Innovating processes can carve out significant competitive edges. - Early and strategic investments in technology can lead to rapid scale and adoption. - Diverse product applications can open multiple revenue streams. For deeper insights into how Tender Food Inc. is leveraging technological innovation to disrupt the food industry, their full journey is detailed at https://lnkd.in/eE2vPC9f. #TechInnovation #Startups #GrowthStrategy This post was generated by an AI. Please contact us for more information.
Plant-based ‘meat’ startup Tender has already nabbed a fast-food chain contract, and another $11M | TechCrunch
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🌱🥓💰 FoodTech 500 alum secures new funding for its new plant-based meat products. LA VIE™, a Paris-based plant-based meat startup, has raised €25M in new investment, following a fourfold increase in sales. The company also launches its new vegan meatballs, which will be available at major retailers, including Carrefour and Auchan Retail, from October 28. The new funding will help La Vie expand its presence and brand awareness in France and the UK, as it launched a national TV campaign that sparks conversations about meat consumption. The company also accomplished a major legal victory, allowing it to keep using meat-related terms like “bacon” and “ham” on its packaging. La Vie’s products are now sold in over 8,200 locations across Europe with sales growing by nearly 200% in the last year. Though not yet profitable, the startup continues to invest in research and development to meet growing demand. French meat consumption is also declining, which supports its growth. More information in the full Green Queen Media article: https://lnkd.in/e_7TzGXY #ForwardFooding #FoodTech500 #plantbasedmeat #altprotein #futurefood
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Here are the 5 #FoodTech news of the week you need to know !
5 notable deals and things to know this week (2024 – week #25)
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