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Börse Express - TurtleTree Labs, der Weltmarktführer für zellbasierte Milch, bringt TurtleTree Scientific auf den Markt

Börse Express - TurtleTree Labs, der Weltmarktführer für zellbasierte Milch, bringt TurtleTree Scientific auf den Markt
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TurtleTree Labs, der Weltmarktführer für zellbasierte Milch, bringt TurtleTree Scientific auf den Markt

TurtleTree Labs, der Weltmarktführer für zellbasierte Milch, bringt TurtleTree Scientific auf den Markt
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Cell-based milk maker raises $6.2 million : Biofuels Digest

TurtleTree, a portfolio company of alternative food investment issuer Eat Beyond Global Holdings, plans to use the funds to grow its team and accelerate research and production of the highly functional, valuable bioactive proteins and complex sugars in human milk. TurtleTree aims to commercially launch its first products in 2021.
TurtleTree has an office in Singapore, which recently became the first country to approve the sale of cell-based meat products and aims to have 30% of food demand met by local agricultural production in the next decade. Cell agriculture and vertical farming are integral to meeting this goal.
Prince Khaled and KBW Ventures, Verso Capital, and Green Monday Ventures also participated in the Pre-A funding round. ....

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Eat Beyond aims to change the way people invest in protein alternatives

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High-tech food companies that leverage science, different ingredients and novel ways of producing food in a more sustainable way are a hot ticket for investors.
According to Finistere Ventures, $8.37 billion was invested in the food technology space in the first three quarters of 2020. Many of these investments came from huge equity funds focused on technology, pension systems, celebrities with vast fortunes and Big Food.
Patrick Morris, who has worked in capital markets for 15 years, likes to see the enthusiasm around the alternative protein sector. But he also saw a problem that needed a solution.
What we found is that there wasn t much opportunity for the retail investor to participate in some of these investments in the food space, and what we call the future of food, Morris said. ....

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A*STAR to collaborate with animal-free dairy firm Perfect Day on joint lab in Singapore

A STAR to collaborate with animal-free dairy firm Perfect Day on joint lab in Singapore
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A STAR to collaborate with animal-free dairy firm Perfect Day on joint lab in Singapore
American firm Perfect Day, which manufactures animal-free dairy proteins, will be collaborating with the Agency for Science, Technology and Research (A STAR) to launch a research and development (R&D) centre in Singapore. Brandon Tanoto reports.
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SINGAPORE: American firm Perfect Day, which manufactures animal-free dairy proteins, will be collaborating with the Agency for Science, Technology and Research (A STAR) to launch a research and development (R&D) centre in Singapore. ....

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