NEW TECH FOODS

German food tech company Formo has appointed Andreas Heyl as chief technology officer, as the company moves toward industrial scale-up and commercialisation of its precision fermentation platform.

EvodiaBio has raised €6 million (DKK 45 million) in a new funding round to accelerate expansion across European, North American and Asian markets, as well as to broaden applications of its fermentation-based aroma technology within the beverage sector.

Mosa Meat, a Dutch cell-cultivated beef company, has raised €15 million in new funding, following a €40 million round and a successful crowdfunding campaign, bringing total capital raised over the past two years to €58 million.

US vertical farming company AeroFarms said it has secured funding to continue operations, following the announcement of its closure last week.

Australian biotech innovator All G is accelerating its entry into the global speciality protein market through a joint venture with France-based bioactives company Armor Protéines, alongside the close of a AUD 10 million (approx. $6.6 million) convertible note round.

Pow.Bio, an AI-driven continuous fermentation company, and Bühler Group, a global provider of food and advanced materials solutions, have partnered to bring an integrated continuous precision fermentation platform to market.

Swedish biotech start-up Melt&Marble has raised €7.3 million in Series A funding, to scale production of its precision-fermented ‘designer fat’ ingredients.

Cultigen Group has launched Cellbase, a B2B marketplace designed to help cultivated meat companies source equipment and materials more efficiently.