Plant-Based Investments Heating Up

 

Victoria Campisi, The Food Institute

Jul 13, 2021

 

Investments into the plant-based meat industry have risen rapidly of late, with the industry raising over $1.4 billion in 2020 alone, according to a report from IDTechEx.

 

The industry is optimistic that these trends will continue into 2021 and beyond, with plant-based meat looking increasingly set to disrupt the $1 trillion global meat industry.

 

Below is a deeper dive into several notable investments in the plant-based space this summer:

 

MOTIF FOODWORKS

 

Food technology company Motif Foodworks recently completed a $226 million, Series B funding round to bring plant-based food technologies to the market.

 

The company plans to increase research and development capabilities; scale and commercialize its food technologies; and expand its footprint. Motif’s food technology focuses on improving the taste and texture of plant-based alternatives. Recently, it secured partnerships with the University of Guelph and Coasun Inc. for technologies that create melting and stretching characteristics in plant-based cheeses, for example.

 

SIMULATE ...

 

NOTCO ...

 

MEATLESS FARM ...

 

more, including links

https://foodinstitute.com/focus/plant-based-investments-heating-up/