Tag: meat substitutes

Mushroom-based meat alternative startup Fable Food raises $6.5M AUD, will launch in the US

Sydney, Australia-based Fable Food is the latest plant-based food startup to announce funding. The company, which uses mushrooms in its meat alternatives, has raised $6.5 million AUD (about $4.8 million USD) in a seed round led by Blackbird Ventures, the Australian venture capital firm whose portfolio also includes Canva, Culture…

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Next Gen Foods to launch its plant-based chicken in the U.S. after raising a $20M seed extension from investors like GGV

Singapore-based Next Gen Foods will bring its plant-based chicken alternative to the United States after raising a $20 million seed extension. Investors included GGV Capital, agriculture and food tech-focused Bits x Bites, food and beverage company Yeo Hiap Seng, entrepreneur and “Blitzscaling” author Chris Yeh and English footballer Dele Alli.…

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Beyond Meat opens its first production plant in China

About a year after Beyond Meat debuted in China on Starbucks’s menu, the Californian plant-based protein company opened a production facility near Shanghai to tap the country’s supply chain resources and potentially reduce the carbon footprint of its products. Situated in Jiaxing, a city 85 km from Shanghai, the plant…

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Investors get a rise out of Walmart’s agreement to stock more Beyond Meat

Beyond Meat shares soared today on the heels of an announcement that Walmart is beefing up its relationship with the purveyor of meatless protein patties, sausages, and balls. 900 stores will now be stocking Beyond Meat’s hot Italian sausages and its party packs of beefless burgers — those grilling delectations…

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After raising $150 million in equity and debt, Nature’s Fynd opens its fungus food for pre-orders

Nature’s Fynd, the food technology company with a new food offering cultivated from fungus found in the wilds of Yellowstone National Park, is releasing its first products for pre-order.  Pitching both a non-dairy cream cheese and meatless breakfast patties, Nature’s Fynd had managed to attract some serious investors including Al…

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Beyond Meat unveils two new versions of its Beyond Burgers

Beyond Meat has launched two new versions of its Beyond Burgers, the company announced today. The two new options will be available on store shelves in 2021, but will be on offer at a two-day pop up event in Los Angeles for folks to try. The new Beyond Burger patties…

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