ChildofLight
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Insect-protein startup raises $250 million in funding
InnovaFeed, one of the leading producers of insects for animal and plant nutrition, has raised $250 million in a round of funding led by Qatar’s sovereign wealth fund, reports Business Wire.
Countless companies have entered the “alternative protein” market in recent years, many claiming to offer more sustainable and healthy products than those typically found in supermarket meat aisles. Companies like Impossible Foods and Beyond Meat offer plant-based meat substitutes, creating vegan options meant to replicate the taste and texture of meat. Others are developing cultured meat, which is meat grown from animal cells in a laboratory.
FOR REST OF STORY-
https://www.theblaze.com/news/insec...utm_term=ACTIVE LIST - TheBlaze Breaking News
InnovaFeed, one of the leading producers of insects for animal and plant nutrition, has raised $250 million in a round of funding led by Qatar’s sovereign wealth fund, reports Business Wire.
Countless companies have entered the “alternative protein” market in recent years, many claiming to offer more sustainable and healthy products than those typically found in supermarket meat aisles. Companies like Impossible Foods and Beyond Meat offer plant-based meat substitutes, creating vegan options meant to replicate the taste and texture of meat. Others are developing cultured meat, which is meat grown from animal cells in a laboratory.
FOR REST OF STORY-
https://www.theblaze.com/news/insec...utm_term=ACTIVE LIST - TheBlaze Breaking News