August 3, 2021

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The View On Cooking

FoodTech White Paper: 2020 Tendencies in Enterprise Capital Financings | Wilson Sonsini Goodrich & Rosati

1 min read

The year 2020 shattered our assumptions about meals. When the COVID-19 pandemic disrupted common offer chains and brought about health and fitness crises in meatpacking vegetation, plant-based meat went from novelty to reality. Quickly launched in quick-food items chains and grocery aisles, merchandise produced by Further than Meat and Extremely hard Foodstuff led the cost in introducing the public to plant-based mostly burgers that glimpse, flavor, and odor like common animal-derived meat. A host of begin-ups and legacy food items businesses joined the fray, supplying shoppers more healthy and additional environmentally friendly meat solutions at selling price details that are nearing parity with traditional meat-dependent merchandise.

Whilst plant-primarily based meals grabbed headlines for the duration of 2020, more elementary innovations entered the photograph as nicely. Cellular cultivation, which creates meals from animal cell cultures, aims to offer you customers goods that are molecularly equivalent to the animal-derived products that are central fixtures in quite a few eating plans globally. It took a important leap forward in 2020 when the Singapore Food items Agency grew to become the initial regulatory company to approve cell-based hen produced by Take in Just, a Bay Location FoodTech business. With far more regulatory approvals expected in the near phrase, 2020 positioned cellular cultivation for an introduction to people.

Be sure to see complete White Paper down below for far more information and facts.

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