NEW TECH FOODS

Australia’s Queensland University of Technology (QUT) has invested AUD 18 million (approx. $11.8 million) into its Mackay-based QUT Pioneer BioPilot, an upgraded, pilot-scale fermentation and biomanufacturing facility.

New analysis reveals that the number of studies published on plant-based foods, cultivated meat and fermentation has tripled over the past five years.

When it comes to protein, price has always been a key driver for consumers, followed by nutrition. Felipe Lino, co-founder and chief technology officer at Berlin-based fermentation company Nosh.bio, tells us more.

The US FDA has issued a “no questions” letter to Onego Bio, confirming that its precision-fermented egg protein Bioalbumen is GRAS for use in a variety of food and beverage applications.

Dutch foodtech company The Protein Brewery has closed a €30 million Series B funding round to accelerate the commercialisation of its mycoprotein ingredient, Fermotein, and expand its production capacity.

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

Terra Oleo, a Singapore-based biotechnology firm, has officially emerged from stealth mode, announcing a $3.1 million funding round backed by Breakthrough Energy Discovery.

Dutch food-tech company Revyve has raised nearly €24 million in Series B financing to accelerate the rollout of its functional yeast proteins, designed to replace eggs and additives in mainstream food categories.