Plant-Based, Technologically Driven, Vastly Different Startups Receive $3 Billion in Investments

Plant-Based, Technologically Driven, Vastly Different Startups Receive $3 Billion in Investments
  • The future of food looks technologically driven with meatless meat and low sugar sweets.

  • New meal choices are under development with recently funded startups.

These startups have gained about three billion dollars globally of disclosed investment over the past 12 months. Here are some highlights of food and beverage trends you can expect to see coming soon.

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Global Meat Provider Cargill Invests in Pea Company To Increase Alternative Protein Production

Global Meat Provider Cargill Invests in Pea Company To Increase Alternative Protein Production

Alternative protein is growing tremendously in popularity.

Many supplier companies are taking note of this and are investing in this segment in order to not be left out of the growing market. While some, like Tyson Foods are investing in startups, like Memphis Meats, that are growing meat in a more sustainable way, others like Sysco have partnered with companies like Beyond Meat which makes plant-based burger patties.

Cargill, a company known for supplying meat around the world, is the latest to announce a move towards alternative protein. It “signed a joint venture agreement to accelerate a new wave of great tasting, sustainable and label-friendly plant-based foods” with pea company PURIS.

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Meat Giant Tyson Foods Invests In Startup Growing Meat From Animal Cells

Meat Giant Tyson Foods Invests In Startup Growing Meat From Animal Cells

When a meat giant like Tyson Foods invests in a lab-grown startup like Memphis Meats, people pay attention.

Tyson Ventures announced earlier this week that it has secured a minority investment in the startup that is growing meat out of animal cells.

This is not the first time Memphis Meats makes headlines, though. The startup also has high-profile investors like Bill Gates and Richard Branson.

Memphis Meats’ mission is “to change the way meat gets to your plate,” with the goal to produce authentic meat without having to feed, breed and kill real animals. They aim to achieve this by developing a way to produce real meat in a lab from animal cells.

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