The proceeds will establish a new pilot production facility in Europe and expand Gavan's commercial presence there, with focus on the bakery and dairy sectors.
The Cultured Hub leverages collective experience in food processing, product development, production, marketing and market launches to accelerate the development and market penetration of cellular agriculture products.
Through this partnership, the companies have created a portfolio of prototype designs, demonstrating the versatility of 3D printing and cell cultivation in producing a range of fish products.
The Bioprocess Foresight platform harnesses AI-powered simulation to give biomanufacturing innovators a clear picture of techno-economics, output and environmental impact, tailored to their process with their data.
Lantmännen will invest more than €100 million ($105.38 million) in a factory in Sweden, while partnering with Ingredion to develop a differentiated portfolio of plant-based protein isolates based on yellow peas.