🧬 New in Funding: Spinning plant protein fibres

🇨🇦 Protein Industries Canada is partnering with Roquette, Prairie Fava, BioNeutra, and Plant Up on a $24.5 million project to advance the country’s plant-based food innovation and market diversification. 

🥓 British plant-based meat startup THIS secured £20 million in a Series C funding round led by Planet First Partners. Its meat alternatives are already available in supermarkets across the UK, and it will use the funds to further expand its range.

🦀 US-based Tender Food Inc., formerly Boston Meats, raised $11 million in a Series A funding round led by Rhapsody Venture Partners. Its technology involves spinning plant protein fibres to create structured cuts of meat, and its range already includes beef short rib, pulled pork, chicken breast and crab.

🧫 Israel’s Ever After Foods secured $10 million for its cultivated meat bioreactor platform, which it says will allow producers to scale up their manufacturing whilst reducing their costs by up to 90%.

🌾 Kilimo, based in Argentina, raised $7.5 million Series A funding. It uses its catalogue of 100,000 soil samples taken from 45 different crop types in a number of different countries to connect soil moisture to satellite imagery of farm fields, so it can then remotely monitor farm fields and advise farmers on their water use.

💨 German startup atmio secured €5.1 million, in a seed funding round led by Notion Capital, to further expand its operating system that allows natural gas companies to find, fix, and report methane emissions.

🇮🇱 Microalgae protein producer Brevel received a grant of NIS 1,500,000 (approx $400,000) from the Israel Innovation Authority to develop microalgae-derived functional lipids for food applications. 

💰 Inside Scoop: Sifted reveals that the elusive world of family offices is showing a greater interest in ClimateTech. Freya and Sadia spoke to Nadim el Khazen of PeakBridge, Greg Michel of Ananke and other investors at the HackSummit.