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.
Brevel uses non-GMO microalgae grown in a breakthrough technology that combines sugar-based fermentation of microalgae with a high concentration of light at industrial scales. The result is a protein that will be price competitive with pea and soy and is color and flavor neutral.
Belle Pulses, in Saskatchewan, Canada, produces pea and legume protein for plant-based products including crackers and baked goods, dairy, soups and meats.
The makers of Hormel chili have launched Hormel plant-based chili with beans, a product that was created to appeal to plant lovers and chili enthusiasts.
Planterra Foods has opened a new manufacturing plant in Denver. The 189,000-square-foot facility will increase Planterra’s production capabilities, offering opportunities to expand the brand to more consumers and retailers and provide 200 jobs in the Denver community.
Shiru's patent-pending discovery platform combines ML and biofermentation to produce plant-based alternatives to eggs, meat, dairy and gelatin—using a fraction of the land, water and energy of their animal alternatives.