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Alternative Protein
The first-time fund received backing from European Investment Fund, KfW Capital and BPI France, among others.
The plant-based protein business said it achieved profitability and a 500% growth rate between 2020 and 2023.
Restaurant chain launched the vehicle with an initial $50m commitment in 2022 and has doubled its size less than two years later.
Seviora Capital’s T3F strategy has raised $173m to date for a 10-year closed-end fund focused on early-stage investments in agri-food companies across APAC.
A Southeast Asian sovereign wealth fund has come onboard for ABC Impact Fund II, as ABC Impact Fund I nears full deployment.
USDA approval for Upside Foods and Good Meat was a significant milestone for an industry that has a long way to go before it appears on a supermarket shelf near you.
‘Anti-scientific and anti-Italian’ cultured meat was prohibited from being sold by lawmakers in Italy, a rare setback for what has seemed to be a steady rise in interest in the sector.
The French private equity firm’s chilled food platform, The Compleat Food Group, has added another British start-up to its stable.
Land-based aquaculture investments, debt-for-nature swaps and DFI-backed investments are on an upward trajectory but the scale of capital needed remains daunting.
The start-up is also pursing regulatory approval for its beef product in Switzerland.