Synthesis Capital closed its first fund with $300M, giving boost to food tech’s future
While much of the recent capital has targeted the consumer-facing, or downstream side, the firm believes future investments will go into technologies closer to the farm or lab.
UPSIDE Foods bites into $400M round to serve cultivated meat later this year
Pending regulatory review, the company’s chicken product will be available to consumers in the U.S. later this year.
New Culture lands $25 million to commercialize its cheesy, animal-free mozzarella
Led by sales of cheddar and mozzarella, the U.S. cheese market alone was valued at $34.3 billion in 2019, and is projected to reach $45.5 billion by 2027, growing at a compound annual growth rate of 5
Biotech startup Shiru sprouting plant-based ingredients with new capital infusion
The company plans to have ingredients ready by next year, which means we could see the first commercial products containing Shiru’s ingredients on grocery store shelves as early as 2023.