NEW TECH FOODS

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.

Bunge Global has acquired IFF's soy and lecithin business, a move that is poised to enhance Bunge's product portfolio and strengthen its position in the F&B sector.

UK-based biostimulant developer SugaROx has raised £1 million in a seed round extension to accelerate field testing of its Trehalose-6-Phosphate (T6P) product.

Area 2 Farms, a US start-up specialising in soil-based, hyper-local farming, will open a new sustainable urban farm in Fairfax City, Northern Virginia, by the end of 2025.

BASF, Corteva Agriscience and MS Technologies have signed a trait licensing agreement to introduce BASF’s nematode-resistant soybean (NRS) trait into Enlist E3 and Conkesta E3 soybean varieties for farmers in Brazil.

Prefer has raised $4.2 million in an oversubscribed funding round and launched its first commercial products.

Switch Bioworks has appointed two senior executives and moved into a new corporate headquarters and R&D facility in San Carlos, California, as it advances its biotechnology-based fertiliser development.