NEW TECH FOODS

UK biotech company CellRev has ceased trading after failing to secure Series A investment, CEO Chris Green confirmed this week.

Protein Industries Canada has announced that its CEO, Robert Hunter, is no longer with the organisation.

US-based ingredient technology firm MycoTechnology has named Robert Scott to its board of directors.

Discovery Park, Kent’s life sciences hub, has added two high-growth biotech start-ups to its CoLab innovation space.

Keychain, a start-up in the consumer packaged goods (CPG) sector, has secured $30 million in Series B funding, in a round led by Wellington Management, with participation from existing investor BoxGroup.

Sustainable investment firm Collateral Good has been appointed to manage a €100 million Sustainable Food Fund, formerly known as Blue Horizon Venture I.

The Good Food Institute (GFI) has announced that Nigel Sizer – a climate and public health expert and former head of the Rainforest Alliance – will be joining as its new chief executive on 26 August.

The Better Meat Co (BMC) has secured $31 million in an oversubscribed Series A funding round to expand its patented mycoprotein fermentation technology to commercial scale.