Tyson Foods

Nestlé

Danone

Kellogg's

Making meat sustainable over the long term.

Cell-cultured Meat

UPSIDE Foods (formerly known as Memphis Meats) is a food technology startup developing cell-cultured meat. In 2016, UPSIDE Foods introduced the world’s first cell-based meatball, followed by the world's first cell-based poultry in March 2017.In May 2021, UPSIDE Foods launched its first consumer product, “UPSIDE Chicken,” which received a <a href="https://sp-edge.com/updates/14682">“no questions” letter</a> from the FDA in November 2022, making UPSIDE the first company to achieve this milestone. In June 2023, it received <a href="https://sp-edge.com/updates/19421">label approval</a> and <a href="https://sp-edge.com/updates/19588">grant of inspection</a> for EPIC (Engineering, Production, and Innovation Center) from the USDA, allowing the company to begin sale of its cultivated chicken in the US.The company develops products at EPIC in Emeryville, California. This houses custom-made, patented cultivators capable of producing over 50,000 lbs of cell-cultured meat per year, with a future capacity of over 400,000 lbs per year.In <a href="https://sp-edge.com/updates/21874">September 2023</a>, the company announced the build-out of Rubicon, a new 187,000 sq ft commercial-scale manufacturing plant in Glenview, Illinois. According to the company, the new facility can produce 30 million lbs of cultivated meat products annually and will house 100,000-liter cultivators.In <a href="https://sp-edge.com/updates/8038">January 2022</a>, UPSIDE acquired cultivated seafood company Cultured Decadence, thereby expanding into cell-cultured seafood, including cell-cultured lobster production. Both UPSIDE Foods’ and Cultured Decadence’s product and species portfolio was to be produced at the EPIC facility.Funding and financialsIn its latest funding round <a href="https://sp-edge.com/updates/9892">in April 2022</a>, the company raised USD 400 million in Series C funding led by Temasek, and Abu Dhabi Growth Fund (ADC). UPSIDE Foods was valued at USD 1 billion, achieving unicorn status after the round. New funds were earmarked to build a commercial-scale facility, educate consumers, and develop the supply chain for cell feed and other inputs.

Empowering sustainable food innovation through food engineering tech

Novel Foods

<div>
 
 Headquartered in the Netherlands, Protix holds a dominant market position in producing circular, natural, and sustainable ingredients derived from insects. The company specializes in breeding Black Soldier Fly larvae, which are nourished with organic waste from the food industry. Subsequently, these insects are transformed into sustainable ingredients, such as proteins and lipids used in feed for livestock, fish, and pets as well as fertilizer. Protix has established the world's first industrial insect facility, providing a foundation for a wide range of certified applications in both feed and food production. According to 
 <a href="https://protix.eu/wp-content/uploads/LifeCycleAnalysesProtixProducts.pdf">
 DIL Life Cycle&rsquo;s Assessment
 </a>
 in 2022, Protix&rsquo;s products recorded a considerably lower environmental footprint than common alternatives such as soy protein concentrate, palm kernel oil, or fish meal.&nbsp;
 
 
 As of October 2023, Protix had a portfolio six products: ProteinX (insect-based protein meal suited for pet food and fish feed), LipidX (insect oil used in for feed for livestock, fish, and pets), PureeX (fresh insect meat used for wet and dry pet food and snacks), Flytilizer (processed insect frass), and Black soldier fly eggs and OERei (live larvae replacing soy as the protein source in chicken feed).
 
 
 Protix received the Technology Pioneer award from the World Economic Forum, and, in 2020, the Erasmus Centre for Entrepreneurship nominated the company as the fastest-growing Dutch company with a social mission. Protix was also recognized as the most innovative Dutch company and won the Dutch Innovation Award in 2020.
 
 
 Key customers and partnerships
 
 
 Protix&rsquo;s collaborations have resulted in joint ventures, consortiums, and premium quality products to bring the food system back into balance with nature. The company partnered with 
 <a href="https://protix.eu/cases/yora-petfood/">
 Yora
 </a>
 , a manufacturer of premium pet food using black soldier fly larvae as the main protein source, to deliver a broad insect-based line-up. The company also joined forces with 
 <a href="https://protix.eu/cases/oceanloop/">
 Oceanloop
 </a>
 to develop a new sustainable feed especially for land-based shrimp. In J
 <a href="https://protix.eu/wp-content/uploads/Shrimp-Value-Chain-Collaboration.pdf">
 anuary 2023
 </a>
 , Protix teamed up with Dutch shrimp importer 
 <a href="https://protix.eu/press_and_media/shrimp-value-chain-collaboration/">
 Klaas Puul B.V
 </a>
 to supply sustainable shrimp to supermarkets in Europe. The company is also part of a consortium of Dutch poultry chain players, which joined forces in a public-private partnership in 
 <a href="https://protix.eu/wp-content/uploads/PR-Poultry-Value-Chain-PPP-1.pdf">
 June 2022
 </a>
 to evaluate insects as a source of protein in poultry diets. In 
 <a href="https://sp-edge.com/updates/23192">
 October 2023
 </a>
 , 
 <a href="https://sp-edge.com/companies/106607">
 Tyson Foods
 </a>
 , a leading protein food company, acquired a minority stake in Protix and formed a joint venture to establish a US-based insect ingredient facility serving the pet food, aquaculture, and livestock sectors.
 
 
 Funding and financials
 
 
 In its latest funding round in 
 <a href="https://protix.eu/wp-content/uploads/Protix-equity-raise-press-release.pdf">
 February 2022
 </a>
 , Protix raised EUR 50 million in private equity, with participation from impact investors such as the European Circular Bioeconomy Fund, BNP Paribas, the Prince Albert II Foundation, and The Good Investors as well as existing shareholders such as Aqua-Spark, Rabo Investments, and Invest-NL. The funds were to be used for further international expansion and ground-breaking R&amp;D.
 
 
 Further, in 
 <a href="https://sp-edge.com/updates/25776">
 January 2024
 </a>
 , the company secured a loan agreement providing access to an additional EUR 37 million (~USD 40 million). The funding was provided by The European Investment Bank and backed by the InvestEU program. Protix intended to use these funds to construct a new production facility in Poland to support its global rollout plan.
 
 
 
</div>

Preserving aquatic life for future generations

Sustainable Aquaculture

<div>
 
 Protix is the world's first and leading industrial scale producer of high quality insect proteins and lipids.
 
</div>

Protix is an industrial-scale producer of quality insect proteins and lipids to feed animals and accelerate the transition to a food system in balance with nature.

Agriculture Development Company producers of poultry in the GCC region, selling under the brand name Tanmiah.

Tanmiah Food Company is a producer and supplier of poultry and other meat products. They offer raw, calibrated chicken breasts that are delicious, consistently sized, and individually wrapped to give a tenderised frozen whole chicken breast, perfect to complement any meal.

Food Bank of Iowa provides food that helps Iowa children, families, seniors, and veterans lead full and active lives, strengthening communities. They distribute it through their statewide partner network, which includes food pantries, meal sites, shelters, schools, and others. Food is also distributed through three programs directly serving Iowans.

UPSIDE Foods (formerly known as Memphis Meats) develops meat produced directly from animal cells without the need to raise and slaughter actual animals. This approach requires significantly less water, land, and energy than conventional meat production, enabling consumers to enjoy meat that is clean, humane, and free of harmful chemicals. Co-founded and led by Dr. Uma Valeti in 2015, UPSIDE Foods is headquartered in Berkeley, California.

Tyson Foods is a modern, multi-national, protein-focused food company producing approximately 20% of the beef, pork and chicken in the United States in addition to a portfolio of foods under the Tyson®, Jimmy Dean®, Hillshire Farm®, BallPark®, Wright®, Aidell’s® and State Fair® brands. Tyson Foods is also the leading protein provider to many national restaurant chains, including quick service, casual, mid-scale, and fine dining restaurants. We make great food for a variety of foodservice customers, including schools, military bases, hospitals, nursing homes and international customers as well. We are also the only company that sells chicken, beef, pork, and prepared foods products through all major retail distribution channels, including club stores, grocery stores, and discount stores.

<div> Tyson Foods (NYSE: TSN) is one of the world&rsquo;s largest protein food companies. The company was first incorporated in 1947 as Tyson Feed and Hatchery, and after going public in 1963, it changed its name to Tyson Foods in 1972. In 2023, the company was <a href="https://www.tysonfoods.com/news/news-releases/2023/2/seventh-consecutive-year-tyson-foods-tops-fortune-worlds-most-admired#:~:text=%E2%80%94%20Feb.,for%20the%20seventh%20consecutive%20year."> ranked first </a> on Fortune magazine&rsquo;s list of the World&rsquo;s Most Admired Companies in the Food Production category for the seventh consecutive year and generated USD 53 billion in revenue. Tyson&rsquo;s Beef segment offers meat cuts and case-ready products, in addition to specialty products such as hides and variety meats. Tyson Hides and Tanneries have been Gold-rated by the Leather Working Group since 2008. Tyson&rsquo;s Pork business supplies meat cuts and case-ready products similar to its Beef segment. The Chicken segment includes raising and processing live chickens and producing value-added chicken products for the Prepared Foods segment. Under the Prepared Foods segment, Tyson&rsquo;s product range includes ready-to-eat sandwiches, various sandwich meats, flour and corn tortilla products, appetizers, snacks, ethnic foods, breadsticks, and processed meats.&nbsp; Approximately 86% of Tyson&rsquo;s revenue comes from its US operations with only select products sold in foreign markets, primarily China, Europe, the Middle East, and Asia. In 2022, Tyson Foods launched a program to achieve USD 1 billion in productivity savings by 2024 from a 2021 cost base, which they accomplished one year ahead of schedule. Additionally, the company plans to achieve net-zero GHG emissions by 2050. </div>

Tyson Ventures

A new wave of meat, fish, and poultry alternatives are driving this hyper-growth industry into the mainstream.

Plant-based Meat

Sustainability: The hero ingredient in the innovation portfolio of top F&B manufacturers

Plant-based meats made from pea protein isolate

Tyson Foods

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Sustainability: The hero ingredient in the innovation portfolio of top F&B manufacturers

Recent Updates

Tyson Foods collaborates with Protix to advance sustainable protein production

Gatik partners with Tyson Foods to deploy autonomous trucks in Northwest Arkansas

Tyson Foods launches own-brand plant-based nuggets

Tyson Foods signals meat price increases over rising feed costs

Tyson Foods debuts plant-based products in Asia-Pacific under its First Pride brand

Tyson Foods switches up its product line to appeal to Vegans

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