NEW TECH FOODS

Volare has expanded its leadership team with the appointments of Benjamin Armenjon as chief commercial officer (CCO) and Antti Åke as chief operating officer (COO), as the company advances construction of its first large-scale insect protein facility in Pori, Finland.

Kemin Industries, a global ingredient manufacturer, has acquired CJ Youtell Biotech, the enzymes and fermentation subsidiary of CJ Bio.

The Magnum Ice Cream Company (TMICC) has announced a partnership with foodtech firm NotCo to accelerate innovation in the US market.

Innovative methods of producing food through fermentation could add nearly £10 billion to the UK economy by 2050, according to new analysis.

Krones has announced significant expansions to its portfolio with the acquisition of a 60% stake in GHS Separationstechnik and the full takeover of Can Systems Worldwide (CSW) based in the Netherlands.

Swedish foodtech company SMAQO has closed a funding round to support the development and launch of its first hybrid mycoprotein-based products.

Aleph Farms has signed a memorandum of understanding (MoU) with The Cultured Hub to set up its first European production facility in Kemptthal, Canton Zurich.

Tetra Pak and Danish biotech company Swan Neck Bio have joined forces to tackle one of the biggest challenges in producing fermentation-based foods at scale – preparing the seed culture.