The good food institute published a new report which split in the first half of 2021, alternative seafood companies raised a total of $ 116 million in funding, up from $ 26 million for all of 2020. In contrast, last year has saw a 23% increase in sales of alternative seafood products in the United States.
In addition to this report on alternative seafood, we have news on BlueNalu, Meatable, Change Foods, Enough and a new hub of food grown in Switzerland.
BlueNalu to bring cultivated seafood to Europe
BlueNalu announced this week that it would explore the distribution of its cell-based seafood products across Europe in partnership with frozen food company Nomad Foods. According to the two companies, this is the first deal between a cultured protein company and a consumer packaged goods company in Europe. BlueNalu has not disclosed which seafood analogues it will supply or when distribution across Europe will take place.
Givaudan, Bühler and Migros form the Cultured Food Innovation Hub
Givaudan, Bühler and Migros, three Swedish companies, have teamed up to open the Cultured Food Innovation Hub outside of Zurich, Switzerland. The hub, which is slated to open in 2022, will help existing start-ups in precision fermentation and cultured meat and seafood develop and market their products. The facilities will include biofermentation capabilities and a product development laboratory.
Meatable signs joint development agreement with DSM
Dutch cultured meat start-up Meat and Royal DSM, a nutritional technology company, will work together to reduce the cost of the growth medium used in the production of cultured meat. Growth medium is a liquid that contains proteins, growth factors, and vitamins that cells need to thrive, and it is often the most expensive component used in the creation of cultured meat. In addition to working on the growth medium, the companies will “focus on developing the taste and texture of the final product meat, which are important factors influencing the purchasing decision of consumers.”
Change Foods opens R&D facilities in Silicon Valley
The precision fermentation start-up Change Foods has announced that it has opening of new R&D facilities in the BioCube life sciences incubator. BioCube has established itself as one of Silicon Valley’s oldest and most respected incubators, with alumni like Impossible Foods. Change Foods aims to create vegan cheese with the same stretch and fusion of real cheese as its first product, and will use its new facility at BioCube to accelerate those efforts.
Enough begins the construction of the biggest alt in the world. protein installation
Based in Scotland Quite (formerly 3F Bio) produces an alternative mycelium-based protein called ABUNDA. The company just started construction on a 15,000 square meter plant in the Netherlands, which, according to the press release, is expected to be the largest alternative protein plant in the world. The production site will be able to produce around 10,000 tonnes of mycoproteins per year.