The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

The Protein Brewery, a Dutch start-up innovating in fungi-based ingredients, has successfully closed a €30 million Series B funding round.

Revyve has raised nearly €24 million in Series B financing to accelerate the rollout of its functional yeast proteins, designed to replace eggs and additives in mainstream food categories.

Dutch start-up Time-Travelling Milkman has secured €2 million to accelerate the commercialisation of its Oleocream solution, designed to enhance creaminess in plant-based and hybrid dairy products.

Terra Oleo, a Singapore-based biotech firm, has emerged from stealth mode, with a $3.1m funding round backed by Breakthrough Energy Discovery.

Protein Industries Canada, Maia Farms and Phytokana Ingredients are collaborating on a CAD 32.5 million (approx. $23.5 million) project to turn Canadian-grown fava beans into nutritious, sustainable ingredients for plant-based foods.

The investment marks the largest of its kind globally aimed at modernising sectors such as poultry, beef, pork and pre-cooked foods.

The collaboration aims to address critical challenges within the food supply chain while promoting sustainability and resilience in food systems.

Perfat Technologies, a Finnish deep-tech startup, has secured €2.5 million in Series A financing to advance its innovative fat alternatives.

Diageo has launched Fusion Allterra, a sustainability-focused iteration of its global open innovation programme aimed at fostering collaboration with growth-stage start-ups and innovators in the beverage sector.