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.

Nourish Ingredients has received ‘generally recognised as safe’ (GRAS) status from the Flavour and Extract Manufacturers Association (FEMA) for the use of its proprietary Mortierella alpina biomass (S11) as a flavouring in food.

Colorcon Ventures, the corporate venture fund of Colorcon, has invested in Israeli start-up Phytolon, which develops natural food colourings using precision fermentation of modified baker’s yeast.

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

The US Food and Drug Administration (FDA) has issued a 'No Questions' letter to food tech company TurtleTree, confirming the safety of its precision-fermented lactoferrin (LF+) for use in food.

Mara Renewables has raised $9.1 million from S2G Investments to to expand its algae-based omega-3 platform, increase research and development and scale production to meet growing global demand for sustainable nutrition solutions.

Danish bioproduction company 21st.Bio has launched a new development programme to commercialise bovine alpha-lactalbumin using precision fermentation.