Nestlé has announced a collaboration with Burcon, a manufacturer of plant-based proteins derived from pea, canola, soy, hemp, sunflower seed, and various other crops, and Merit Functional Foods, provider of protein ingredients and blends. Nestlé hopes the collaboration will help it accelerate the development of plant-based meat and dairy alternatives.
Each company brings a unique skill set to the partnership. Nestlé has extensive expertise in the development, production, and commercialization of plant-based foods and beverages. Burcon has proprietary plant protein extraction and purification technology, and Merit’s plant protein production capabilities are state of the art.
“Developing nutritious and great-tasting plant-based meat and dairy alternatives requires access to tasty, nutritious, and sustainable raw materials as well as proprietary manufacturing technology,” said Stefan Palzer, Nestlé chief technology officer, in a company press release. “The partnership with Burcon and Merit will give us access to unique expertise and a new range of high-quality ingredients for plant-based food and beverages.”
Geltor has announced the closing of a $91.3 million Series B financing that will fuel the global expansion of its ingredients-as-a-service platform.
Joywell Foods, a food technology company developing a sweet protein portfolio, has announced the closing of a $6.9 million Series A financing round.
Motif FoodWorks has announced partnerships the University of Illinois at Chicago (UIC) and the University of Illinois at Urbana-Champaign (UIUC) to better understand and design the rheological properties of plant-based foods.
As part of its focus on Turkey, the Middle East, and North Africa, Bunge Loders Croklaan (BLC), a leader in edible oils and fats, is expanding its worldwide innovation network with its first Creative Studio in the region.
In a review article published in Nature Food, researchers from the Institute for Environmental Decisions (IED) in Switzerland examine how heuristics and individual differences among consumers influence the acceptance of agri-food technologies.
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