NEW TECH FOODS

Asterix Foods has emerged from stealth with $4.2 million in seed funding to scale a new, low-cost alternative to precision fermentation.

Italian food ingredients company Foreverland has opened its first production facility in Puglia, Southern Italy, to produce its flagship cocoa-free chocolate alternative, Choruba.

ImpacFat, a Singapore-based company developing stem-cell derived omega-3 fish fat, has announced its expansion into Japan, establishing a research and operational presence in Tokyo.

A new Centre for Alternate Protein Research has been inaugurated at Aspire-BioNest, the University of Hyderabad’s life sciences bioincubator, with support from Cytiva under its Corporate Social Responsibility (CSR) programme.

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.

Biomaterials developer Marine Biologics has entered into an exclusive partnership with Molecular Quantum Solutions (MQS) to accelerate the discovery and commercialisation of next-generation, seaweed-derived functional ingredients and biomaterials.

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.