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- MOA Foodtech secures Series A Funding from ICOS Capital
MOA Foodtech secures Series A Funding from ICOS Capital
Plus, Why McDonald's has ditched the plant-based burger in the USA, Strive partners with TurtleTree, and more!
There are some great stories online for you this week, with partnerships dominating the headlines.
But first, of course, the mainstream media has this week led with the news that a fast-food giant has already canned its plant-based offering, so we look at some of the reasons why. Naturally, the naysayers don’t mention how well that same burger is doing in Europe! According to the doubters, it’s more confirmation that plant-based has had its day.
Something that has had its day, in Florida at least, is cultivated meat. The food-tech is now banned in the US state, but it didn’t stop a US leader in the technology from hosting one final tasting before it was outlawed. More than 100 guests gathered to get a taste of cultivated meat and engage in discussions about the future of food. Hats off to UPSIDE…
We were sad to hear the announcement that Protein Industries Canada’s inaugural CEO, Bill Greuel, is leaving the organization. The good news for Bill is that he will become the Deputy Minister of Agriculture with the Government of Saskatchewan, so driving the protein agenda forward still.
An interesting project was announced in Denmark, with Palsgaard and Aarhus University inviting food manufacturers to collaborate on an initiative to develop new plant-based replacements for egg ingredients. The €5 million PIER (Plant-based food ingredients to be egg replacers) project aims to replace 10% of the eggs used globally as ingredients in food products such as baked goods, dressings, desserts and ready meals.
There’s much more online, and don’t forget to follow our LinkedIn group page for the stories as they go live…