🇳🇱🍃 Vivici, a Dutch startup created as a joint venture by Fonterra and DSM, raised €32.5M for developing precision fermentation-based dairy proteins and scaling up production capacity.
🇳🇱 🛵 Prosus, a South-African-based investor, will acquire Just Eat Takeaway, the Dutch delivery giant, for €4.1B to create a European leader. Prosus is already a large shareholder in multiple delivery companies across the globe.
🇺🇸🐾 Wild Earth, a US-based startup developing vegan dog food alternatives, filed for bankruptcy. Despite having raised $23M in 2021 and media attention, it could not grow its sales beyond a niche market.
🇺🇸🌱 Actual Veggies, a US-based startup, raised $7M for producing plant-only burgers without imitating meat and aiming to scale its market presence. This formula could inspire other companies, as the startup is targeting $20M+ in sales for 2025.
🇬🇧🔬 uFraction8, a UK-based startup, raised $3.4M for developing its microfiltration technology to optimize cell biomass production in alternative proteins, notably in microalgae production.
🇮🇱 🥩 Aleph Farms, an Israeli startup using cellular agriculture to develop realistic meat products is lowering its valuation by 73% to face the current funding conditions where investors are much more sceptical about the technology.
🇮🇹🔬 Arsenale Bioyards, an Italian startup, raised €9.5M for drastically reducing biomanufacturing costs with advanced biotech processes.
🇫🇷🌱 Vegetal Food, a French startup providing fresh and frozen plant-based ingredients and products to the hospitality industry (hotels, restaurants, and caterers), raised €1.2M.
