GFIdeas: How to model your good food financials
Sophie TroykaLorne Noble from Simple Startup explains how to use financial modeling to map your food startup's path to profitability.
Lorne Noble from Simple Startup explains how to use financial modeling to map your food startup's path to profitability.
New Age Meats co-founder and CSO shares her journey from PhD program to founding a cell-based meat startup.
The world's largest meat producer, Brazil-based JBS is launching a plant-based burger. And that's not all that's happening in the Brazilian market.
Get a taste of the Good Food Conference. Watch the founders of UPSIDE Foods, JUST, BlueNalu, and Fork & Goode discuss their journeys in the cell-based meat industry and how the field will grow in years to come.
Cargill participated in Aleph Farms' Series A funding round, which raised $11.65 million for the cell-based steak producer. Jon Nash, president of Cargill Protein-North America, said, "We have a responsibility to look at all innovations that can help us feed the world."
This is the largest fundraising round for a plant-based meat company in history, bringing Impossible Foods' total funding to $750 million and market valuation to $2 billion.
Thirteen billion dollars were invested in U.S. plant-based meat, egg, and dairy companies in 2017 and 2018 alone. Eleven cell-based meat companies were founded in 2018.
Plant-based Mexican food is the next big flavor trend. In April alone, Chipotle, Taco Bell, Del Taco, and QDOBA spiced up their menus with new plant-based options.
The plant-based meat maker offered 9.625 million shares at $25 apiece, raising roughly $241 million.
The biggest fast-food chains are taking note of the incredible consumer demand for plant-based options, and upgrading their menus accordingly.