In people moves, former Motif FoodWorks executive Michael Leonard became the new CEO of MycoTechnology. In other news, Kitchen United announced plans to sell or close all physical ghost kitchen units to focus on its proprietary software. The article also mentioned TurtleTree securing self-GRAS status for animal-free lactoferrin, the winners of the Seeding the Future Global Food System Challenge, and a partnership between FoodChainID and ReSeed to improve measuring, reporting, and verification for regen ag carbon credits.
Key takeaways:
- Plant-based milk producer Ripple Foods has raised $49 million in funding, while Liberation Labs secured a $25 million government-backed loan for its first precision fermentation facility.
- Ag biotech startup AgroSpheres completed a $25 million Series B funding round for its crop protection technology, and Jala secured $13 million Series A funding for its end-to-end aquaculture management system.
- Former Motif FoodWorks executive Michael Leonard has been appointed as the new CEO of MycoTechnology.
- Kitchen United plans to sell or close all its physical ghost kitchen units and focus on its proprietary software.