Posts tagged "Impossible Foods"

Impossible Foods In Full Scale-Up Mode With Burger Manufacturing Deal And FDA Approval

[31 July/Forbes] Impossible Foods has entered into a co-manufacturing partnership with major food producer OSI Group to help the California-based start-up increase the production capacity of its flagship product, the Impossible Burger. The company’s key ingredient, heme, which makes its burgers “bleed,” also got approval from the US Food & Drug Administration today, opening up...

Plant-Based Meat Startups Have Cracked Beef, But What About Chicken?

(4 July/Agfunder News) According to Good Food Institute food scientist MJ Kinney, the reason chicken has not been a product of interest as of yet for plant-based food companies such as Impossible Foods and Beyond Meat is they wanted a way to introduce plant-based meat to the market. The solution was using the American favourite,...

Dairy and meat alternatives rake in the most investments in 2018

[11 June/Food Dive] Plant-centric alternatives to meat and dairy accounted for one-third of total investment in food and beverage startups in 2018, according to a new report. Impossible Foods got a single USD114 million investment — and Ancient Nutrition raised USD108 million. Notable categories receiving investments included alternative products — with a focus on CBD...

From microalgae to 3D printed steak: ‘The future is meatless’

[27 May/Food Navigator] Innovators are increasingly looking at ways of swapping out meat for plant-based counterparts with sustainability playing on many people’s minds. Beyond Meat and Impossible foods have found success in their plant-based products. Mark Post and his cultured beef burger made headline when his team managed to grow muscle tissue from stem cells...

Impossible Foods Dishes Up Its First Meatless Sausage Atop Little Caesars’ Pizza

[20 May/Fortune] Impossible Foods is launching a new product: The Impossible Sausage. The vegan, halal and kosher-friendly sausage is making its exclusive debut on Little Caesars’ Impossible sausage pizza across Detroit. Little Caesars had the foresight to recognise that the core of their meat-eating consumers would embrace an Impossible Supreme Pizza announced Impossible CFO David...

‘Burger’? Impossible: Ranchers lobby lawmakers to agree only animal products can be called ‘meat’: NY Times

[10 Feb/ CNBC] As plant based alternatives to meat gain momentum in their share of the market, ranchers, farmers and industry groups in the U.S. are trying to limit the use and definition of the word ‘’meat’’. Lab-grown and plant based alternatives produced by companies such as Impossible Foods and Beyond Meat have started to...

Food & Ag Was Noticeably Absent from CES, But the Leaders Know It’s Coming

[17 January/AgFunder] Two high profile food innovations grabbed attention at the Consumer Electronics Show (CES) in Las Vegas – IBM’s blockchain initiative with Walmart and Impossible Foods’ meat-free burger (the new Impossible 2.0 Burger was named by tech publisher Digital Trends as the Top Tech of CES) however other food technology was notably absent. The...

Impossible Burger faces another big hurdle

[27 December/The Country] The appearance of bloodiness presents regulatory hurdles for Impossible Foods as it looks to push its products through supermarket channels. The Silicon Valley producer uses a genetically modified yeast to mass produce its key ingredient, soy leghemoglobin, or “heme”, giving the Impossible Burger its meat-like flavour. An FDA spokesperson explained that heme...

Beyond Meat vegan food company taps investment banks for IPO

[17 October/CNBC] Beyond Meat has hired investment banks to start preparing for an Initial Public Offering. It contacted leading investment bankers to lead the IPO. Beyond Meat did not respond to requests to comment. The IPO would be the first offering for one of the new companies that made vegetarian meat products that appealed to...

Can plant-based and lab-grown meat change the world?

[10 September/Food Dive] Impossible Foods CEO, Pat Brown, described to the Good Food Institute Conference how his company planned to save the world. He noted the reason he founded the company was to save the world from the biggest environmental catastrophe facing the planet, the destructive use of animals in food production. Scientists said if...

Tasting the Impossible Burger with Air New Zealand

[3 July/NZ Herald] Business Premier customers travelling on Air New Zealand’s LA to Auckland haul will be offered the Impossible Burger for the next three months. It is a plant based innovation that is designed to save the planet. It has become a phenomenon in the U.S food tech industry for achieving the impossible, a...

White Castle goes highbrow? Now famous slider can come with fake beef

[12 April/CNBC] Plant-based meat will be introduced into the White Castle slider. The burger uses a patty made by Impossible Foods who engineer plant-based ingredients that taste like beef. It will be named the Impossible Slider. White Castle CEO, Lisa Ingram, said plant based proteins were growing and that they felt it was a good...

The fight against ‘fake meat’ has officially begun

[23 February/CNBC] The traditional understanding of meat is becoming more complicated with the introduction of ‘fake’ meat. Companies such as Impossible Foods and Beyond Meat use science labs and farms, rather than animal meat, to produce products that rival traditional meat products. The U.S. Cattleman’s Association wants the U.S. Department of Agriculture to produce an...

Sunfed Meats plans to go global with plant protein ‘meats’

[16 November/Stuff] Auckland-based start-up Sunfed Meats produces a pea-protein chicken substitute and is looking for strategic investor partners to help it scale production so that Sunfed can manufacture for export. Chief Executive and Founder Shama Lee said Sunfed had received significant interest from the United States, United Kingdom and Australia. Ms Lee raised $1.5 million...

Peter Jackson eyes up opportunities in leading edge food business

[19 October/Stuff] Earlier this year Sir Peter Jackson and Film Director James Cameron set up a company called PBT New Zealand. Chief Executive of the Foundation for Arable Research (FAR) Nick Pyke has confirmed this stands for ‘plant-based technology’, and that FAR is working on some projects with them. All parties involved have been tight-lipped...

How real should ‘fake’ meat and dairy be?

[15 October/ Mother Nature Network] Field Roast Grain Meat Company does not plan to create realistic imitations of meat and dairy products, but instead create similarly satisfying, savoury products while still staying true to real ingredients. Upton Naturals is also pursuing a similar aim, focussing on simplicity and the use of real, recognisable ingredients. Upton...

Impossible Burger’s ‘secret sauce’ highlights challenges of food tech

[8 August/CNBC] The Impossible Burger’s secret sauce has raised regulatory concerns. The Food and Drug Administration (FDA) are concerned the sauce, made from soy leghemoglobin, a substance found in nature in the roots of soybean plants that the company makes in its laboratory, may be an allergen and is therefore unsafe for consumption. Impossible Foods...

Impossible Foods Snags $75m Series E Led by Singapore State Fund Temasek

[1 August/AgFunder News] Impossible Foods has raised USD75 million in Series E funding, with Temasek leading the round. This marks the fourth agtech investment for the Singaporean state fund and the second investment in a company looking to replace animal products with no-slaughter alternatives. The start-up has now raised USD273.5 million in debt and equity...

Oakland plant to make veggie burger that mimics meat; ‘Veggie burger that bleeds’ set to take on US market

[23 March/ The San Francisco Chronicle] Impossible Foods, creator of the Impossible Burger, is moving into an East Oakland Factory that will produce 1 million pounds of the burgers monthly as part of its plan to replace animal agriculture with high-tech, meat-mimicking foods. Impossible Foods has raised USD182 million from sources like Bill Gates and...

Horizons Ventures leads Algama round as uses for algae diversify

 [15 November/ AgFunder News] Amongst the emerging forms of food, microalgae is proving its potential to become a powerhouse source of nutrition and an alternative protein source. A French start-up developing a Spirulina based antioxidant, Algama, has just raised USD3.8 million in venture funding led by Li-Ka Shing’s venture arm, Horizons Ventures. Horizons Ventures has...