NEW TECH FOODS

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

UK food-tech company Clean Food Group (CFG) has acquired the assets of algal oil producer Algal Omega 3 out of administration, including a 1 million-litre capacity fermentation facility.

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.

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.

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.

Estonian food-tech start-up Äio has announced the successful completion of its first full-scale production run of its sustainable yeast-based oil, reaching a volume of 1 tonne.

Digital twins offer a way to bridge the persistent gap between what’s happening on the ground and the digital systems designed to increase efficiency and productivity, observes Alex de Vigan, CEO and founder of French technology company Nfinite.