New School Foods

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Some highlights from FoodTech Weekly #203 (https://lnkd.in/djA_rKCf) sent this morning: 🇩🇰 🐄 Denmark has decided — as the first country to do so — to introduce a tax on carbon emissions from agriculture to meet its climate goals, starting at DKK 300 (appr. €40) per ton emitted in 2030, rising to DKK 750 (appr. €100) by 2035 onwards 💰🇸🇬 Cellivate Technologies of Singapore, which develops solutions related to cultivated meat, may receive up to $3.3M in funding after having won Channel News Asia’s business reality show, The Big Spark 💰🇦🇷 Argentinian AgTech company Kilimo has bagged $7.5M in fresh Series A funding, in a round led by Emerald Technology Ventures and backed by e.g. The Yield Lab LATAM and Kamay Ventures. In short, the company helps e.g. farmers reduce the use of irrigation water in their fields 💰🇦🇷 Mercado Diferente ≠ of Brazil has secured $1.6M in pre-Series A funding led by Collaborative Fund, and joined by Caravela Capital. The company provides a subscription service for discount organic items that don’t meet aesthetic standards but are perfectly healthy 🤖🇰🇷 Korean automotive company Hyundai’s Robotic Lab has revealed a new robot called DAL-e that will deliver food and bev inside office complexes. The new robot is said to have a 99.9% accuracy rate 🤝🇨🇭 Swiss vertical farming companies YASAI  and GreenStage AG have announcedthey will merge (h/t FoodHack). Meanwhile, Swedish industry peer Grönska Stadsodling has filed for bankruptcy 💰🇦🇺 AgTech focused VC fund Tenacious Ventures has done a first close for its Fund II, with A$18M (appr. $12M) raised 💰🌱 Bezos Earth Fund will launch a new Center for Sustainable Protein at Imperial College London, with $30M in funding, to help transform global food systems 💰🇸🇪 Swedish land-based aquaculture company BIGakwa has reeled in SEK 6M (appr. $0.6M) in funding — a mix of debt, equity, and grants. The company is proceeding with its plans to build a facility with an annual capacity of 6,000 tons of fish 💰🇿🇦 Precision fermentation startup Immobazyme of South Africa has nabbed $1.3M in funding from the University Technology Fund and Innovus (University of Stellenbosch Enterprises). 💰🇺🇸 Nave Analytics, Inc. of Nebraska, U.S. has harvested a $400K round from e.g. Invest Nebraska, and Husker Venture Fund. The company provides tools for ag producers to make data-driven decisions about water use, e.g. by understanding the soil water content in a specific field 🍦 📉 Israeli FoodTech startup Better Juice has expanded its sugar-reduction technology to lower the sugar loads in fruit sorbets by 50-70%, and calories by 40% 💡Conversation with Chris Bryson of New School Foods 🤩 New jobs at Food System Innovations (U.S./remote) and Foreverland Food (Italy) ...and much more! Subscribe now at: https://lnkd.in/d8mUXXH5 #foodtechweekly #FoodTech #agtech #startups #funding #tech #innovation

Chris Bryson, Founder and CEO of New School Foods, joins Jennifer Jannuska, Protein Industries Canada’s Director of Data and Intellectual Property, to discuss IP innovation across the value-added sector and the key components necessary to increasing the success of Canadian companies. Listen to the podcast episode today: Spotify: https://lnkd.in/e3bPn_Z8 Apple Podcasts: https://lnkd.in/e5nQgqDb

Can this Canadian company make a splash in plant-based fish? New School Foods https://ow.ly/ZV1F50S6zYt via BetaKit #FoodTech #SusutainableTech #RandD #SRED #CanadaTaxCredit #BusinessFunding #CanadaTaxCredit #BusinessFunding #CanadaBusiness

Global demand for fish products is expected to grow by 14% by 2030 compared to 2020 levels, while the United Nations says that 90% of fish stocks are being harvested at unsustainable levels or are maxed out. Wild salmon stocks alone are on the verge of collapse in the United Kingdom, British Columbia and California, and fish farms are rife with antibiotics and disease. Against this backdrop, a nascent alternative #seafood industry is growing. Fish and mollusks that are plant-based, lab-grown and fermented could make up a significant chunk of future seafood demand, writes Corporate Knights deputy editor Alex Robinson. But key for these start-ups will be avoiding some of the pitfalls experienced by #plantbased meat companies in recent years. Dive into this latest feature that makes up our Plant Power package in the spring 2024 edition of Corporate Knights. Marissa Bronfman Future Ocean Foods New School Foods Chris Bryson Yves Potvin Konscious Foods #sustainablefood #foodsystems https://lnkd.in/dAiwPbuy https://lnkd.in/dAiwPbuy

The 2024 CIX • Canadian Innovation Exchange Summit powered by Elevate kicks off today! Shout out to our many MaRS ventures and ecosystem partners attending and taking centre stage over the next two days. Tali AI, Asima Health, Cyclic Materials, Evoco Ltd., Railz, New School Foods, Nfinite Nanotech, Scispot (YC S21), Skinopathy, Hygge Energy, Edgecom Energy, enurgen, Minerva, Blumind, Noa Therapeutics, Requity Homes, SingleKey, Quantuity Analytics Inc., LINDA, ZayZoon, Diamond Therapeutics, LUCID, ManagingLife, Symend, Communitech and RetiSpec.

🌱🐟 WHOLE-CUT PLANT-BASED SALMON TO DEBUT IN RESTAURANTS SOON New School Foods, which produces whole-cut wild salmon from plants, has collaborated with Matthew Kenney to launch the New School Culinary Council (NSCC), an invite-only collective of international chefs and restaurateurs. The advisory hub will help guide the company through its upcoming launch in restaurants. Members of the NSCC will work closely with the Toronto-based startup to guide product development, recommend recipes, and support the adoption of its whole-muscle salmon. It reflects the company’s positioning of its seafood analogue as chef-led, with the use of plant fibres able to replicate the texture of fish muscle fibres, and recreate the same flavour, appearance and functional attributes. New School Foods has also been working with precision fermentation startup Liven Proteins and dehydration solutions provider NuWave Research Inc. on an $11.4M project partly funded by the Canadian government, which will combine its salmon production tech with Liven’s animal-free collagen and NuWave Research’s vacuum microwave technology to manufacturer whole-muscle plant-based salmon at scale. “While the market is going through an adjustment period, long-term, we expect this will be a very exciting sector,” said New School Foods CEO Chris Bryson. “Customers are still looking for alternatives, and that shows based on the plant-based sector’s growth in Europe and US foodservice. But the products need to be better – in taste, texture, cooking experience, and clear nutritional benefit over meat/seafood. That will require better ingredients, and better processing technologies to more closely meet customer expectations.” #GreenQueen #altprotein #futurefood #seafood #foodtech #innovation #sustainability

Very happy to inform you that Newtree Impact has just completed its 15th investment in New School Foods, the inventor of the plant-based salmon. Such an exciting development in the world of sustainable food! 🌱 New School Foods uses patented directional freezing technology to create plant-based alternatives to seafood. Their innovative products offer texture, flavour, and nutritional benefits similar to traditional fish. With a successful €10.5 million fundraising, this Canadian startup is embarking on a groundbreaking project: the creation and commercialisation of an all plant-based premium salmon. Another piece of great news: one of our first investments, Protix, a leader in insect-based foods, has just signed a historic deal with Tyson Foods, one of the largest food conglomerates in the world. 👏 Thanks to a €55 million investment, Protix will start the construction of a production facility in the United States. Many thanks to L'Echo and Michel Lauwers : https://lnkd.in/etGfv_ce #NewtreeImpact #ImpactInvestment #Sustainability #Innovation #FoodTech #AgriTech

With 46 days left in 2023, CCC’s portfolio companies don’t waste a single minute ⏱. The partnerships they are forming worldwide bring exciting options and opportunities for a sustainable food system. CCC is grateful to work alongside these outstanding founders. Read the highlights of the groundbreaking work of Nosh.bio GmbH, Tupu, New School Foods, BlueNalu, Umaro Foods, and Change Foods. 🌎 🚀 #food #foodtech #sustainability #climatesolutions

We're excited to bring you our first project announcement under our second mandate! Building off their first project, which demonstrated proof of concept, New School Foods, Liven Proteins and new partner NuWave Research Inc. are now tackling commercialization of their #plantbased salmon. The product will offer consumers the same taste, texture and cooking experience as its seafood counterpart. https://lnkd.in/gCa24Ur5 - Nous sommes ravis de vous présenter notre première annonce de projet dans le cadre de notre deuxième mandat ! S'appuyant sur leur premier projet, qui a démontré une preuve de concept, New School Foods, Liven Proteins et leur nouveau partenaire NuWave Research Inc. s'attaquent désormais à la commercialisation de leur saumon à base de plantes. Le produit offrira aux consommateurs le même goût, la même texture et la même expérience culinaire que son homologue de fruits de mer. https://lnkd.in/gWZTfbVM Innovation, Science and Economic Development Canada