Colorado-based MycoTechnology has completed Series E round of funding, securing $85 million at this time. Since establishment in 2013, the company has received at least $200 million from a variety of investors. MycoTechnology will use the funding injection to further develop its proprietary fermentation platform that aims to harness the natural power of mushroom mycelia. Mycelia is considered the invisible root system of mushrooms. They aim to bring positive impact to food and nutrition … [Read more...] about MycoTechnology secures funding to boost mushroom-based ingredients
Hydrosol, Planeteers showcase complete solutions for meat, sausage and plant-based food at IFFA 2022
The meat industry is in a transition. Many companies face the question: Do we continue to focus entirely on meat products, or do we expand our range with plant-based alternatives? The answer isn’t easy, since worldwide meat consumption will continue to grow. On the other hand, in the western industrialised countries plant-based alternatives are increasingly in demand. Hydrosol and Planteneers, sister companies within the Stern-Wywiol Gruppe, support the meat industry with exciting product … [Read more...] about Hydrosol, Planeteers showcase complete solutions for meat, sausage and plant-based food at IFFA 2022
Kerry finishes acquisition of botanical extract company Natreon
To further expand its line of science-backed natural ingredients, Kerry has announced the completion of its acquisition of Natreon. The latter, a U.S.-based company, is a supplier of Ayurvedic botanical ingredients. These extracts, mainly utilised for the dietary supplement and functional food and beverage industries, are backed by 52 clinical studies. These are also protected by U.S. and foreign patents. Netreon’s portfolio includes the following: Sensoril® – Ashwagandha extract for … [Read more...] about Kerry finishes acquisition of botanical extract company Natreon
