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SuperBrewed Food

White Dog Labs is developing new probiotics for animals and humans. WDL is a biotechnology company founded upon synthetic biology and bioprocess development.

Superbrewed Food (formerly White Dog Labs) is a nutrition and health company focused on developing alternative protein ingredients to be used in the production of food and beverages. The company created a naturally-brewed microbial protein (Superbrewed Protein) via an anaerobic fermentation process. According to the company, the production of this ingredient involves minimal processing, hence the resultant protein contains a higher nutritional profile and offers better functional benefits compared to other plant or microbial proteins. In May 2022, the postbiotic cultured protein received self-affirmed GRAS (Generally Recognized as Safe) status from the FDA and was to be ready for distribution by 1H 2023.

A booming food and beverage segment with a history as rich and varied as its present-day product offerings

Plant-based Dairy & Egg

Superbrewed Food

Fonterra, Superbrewed Food developing functional biomass proteins

Bel Group

Bel Group partners with Superbrewed Food to develop cheese using postibiotic cultured protein

Producers of plant-based cheese alternatives using ingredients such as coconuts, almonds, cashews, soy, hazelnuts, etc. Startups use their proprietary plant-based cultures for the fermentation process

Superbrewed Food (formerly White Dog Labs) is a nutrition and health company focussed on developing alternative protein ingredients to be used in the production of food and beverages. The company created a naturally-brewed microbial protein (Superbrewed Protein) via anaerobic fermentation process. According to the company, the production of this ingredient involves minimal processing, hence the resultant protein contains a higher nutritional profile and offers better functional benefits compared to other plant or microbial proteins. In May 2022, the postbiotic cultured protein received self-affirmed GRAS (Generally Recognized as Safe) status from the FDA and was to be ready for distribution by 1H 2023.In <a href="https://sp-edge.com/updates/25969">January 2024 </a>, the company gained patent approval for its postbiotic protein ingredient, granting the company broad rights for the creation, usage, and commercialization of bacterial biomass ingredients for the next 18 years.Key customers and partnershipsIn <a href="https://sp-edge.com/updates/11523">July 2022 </a>, the company entered into a strategic partnership with global cheese industry giant Bel Group to develop a new range of cheeses (both plant-based and dairy) using the Superbrewed Protein. The company expected to supply its protein for the production of animal-free milk, creamers, yogurt, ice creams, nutritional beverages, snacks, and baked goods. In <a href="https://sp-edge.com/updates/26637">February 2024 </a>, the company partnered with global natural ingredients producer Döhler GmbH. Döhler was to provide its fermentation capacity to produce Superbrewed Protein through this partnership

Superbrewed Food (formerly White Dog Labs) is a nutrition and health company focused on developing alternative protein ingredients to be used in the production of food and beverages. The company created a naturally-brewed microbial protein (Superbrewed Protein) via an anaerobic fermentation process. According to the company, the production of this ingredient involves minimal processing, hence the resultant protein contains a higher nutritional profile and offers better functional benefits compared to other plant or microbial proteins. In May 2022, the postbiotic cultured protein received self-affirmed GRAS (Generally Recognized as Safe) status from the FDA and was to be ready for distribution by 1H 2023.In <a href="https://sp-edge.com/updates/25969">January 2024</a>, the company gained patent approval for its postbiotic protein ingredient, granting the company broad rights for the creation, usage, and commercialization of bacterial biomass ingredients for the next 18 years.Key customers and partnershipsIn <a href="https://sp-edge.com/updates/11523">July 2022</a>, the company entered into a strategic partnership with global cheese industry giant Bel Group to develop a new range of cheeses (both plant-based and dairy) using the Superbrewed Protein. The company expected to supply its protein for the production of animal-free milk, creamers, yogurt, ice creams, nutritional beverages, snacks, and baked goods. In <a href="https://sp-edge.com/updates/26637">February 2024</a>, the company partnered with global natural ingredients producer Döhler GmbH. Through this partnership, Döhler was to provide its fermentation capacity to produce Superbrewed Protein. Further, in <a href="https://sp-edge.com/updates/32630">August 2024</a>, it formed a strategic alliance with Fonterra to explore Superbrewed's biomass protein platform applications.

Eat JUST (Hampton Creek before 2018) is a food technology company that specializes in egg and meat alternatives. It has large-scale facilities in Germany and North America and in <a href="https://sp-edge.com/updates/9243">March 2022</a>, the company announced the groundbreaking of its new manufacturing facility in Singapore. It is the largest of its kind in the country post-completion and was slated to be completed in two years at a cost of USD 120 million.Launched in 2018, the company’s plant-based egg, JUST Egg, is made from mung beans and legumes. It offers an egg alternative for sweet and savory applications, including omelets, scrambled eggs, pancakes, and baked goods. In January 2020, the company announced a new folded plant-based egg, along with an upgrade to its original liquid plant-based egg. In <a href="https://sp-edge.com/updates/9599">April 2022</a>, the company received exclusive regulatory approval from the European Commission for its mung bean protein, a key ingredient in its JUST Egg product. In <a href="https://sp-edge.com/updates/30018">June 2024</a>, JUST Egg debuted the latest addition to its plant-based egg lineup, JUST Egg v5, featuring an improved formulation, taste, and texture.As of February 2024, JUST Egg had sold the equivalent of 500 million eggs and was available at food service outlets, online markets, and major retailers like Whole Foods, Sprouts, Walmart, Target, and Kroger.Key customers and partnershipsIn <a href="https://sp-edge.com/updates/10634">May 2022</a>, tennis pro Serena Williams and renowned actor Jake Gyllenhaal partnered with the company to appear in its national ad campaign “Really Good Eggs” to promote JUST Egg. In <a href="https://sp-edge.com/updates/13770">October 2022</a>, the company partnered with MingsBings to launch four new vegan breakfast items featuring JUST Egg. Also, during the same month, JUST Egg <a href="https://sp-edge.com/updates/13795">partnered</a> with Starbucks for a limited trial of new vegan menu items. In <a href="https://sp-edge.com/updates/20178">July 2023</a>, the company partnered with Alpha Foods as a part of its brand portfolio renovation. Following this, JUST Egg <a href="https://sp-edge.com/updates/21095">partnered</a> with Korean alternative meat company UNLIMEAT to develop Korean-style vegan products.Funding and financialsIn <a href="https://sp-edge.com/updates/12427">August 2022</a>, the company bagged a USD 25 million investment along with a strategic partnership from Alibaba-Group-backed private equity firm, C2 Capital Partners. Together, the companies are set to work towards expanding Eat Just’s footprint in the Chinese market. Later, in <a href="https://sp-edge.com/updates/21471">September 2023</a>, the company raised an undisclosed amount in new funding led by VegInvest/Ahimsa Foundation. The funding was to be deployed towards improving the quality and profitability of Eat JUST's products.

Eat JUST

Zero Egg is an Israel-based developer of egg alternatives in powder form using plant-based ingredients such as soy, potatoes, peas, and chickpeas. The startup initially launched two main products, the EGG Basic, a replacement for scrambled eggs and omelets, and BAKE Basic, an egg replacement for baking. In <a href="https://sp-edge.com/updates/13217">September 2022 </a>, the company launched “Zero Egg Scoopable Scramble”, a ready-to-eat frozen plant-based scrambled egg product claimed to be the world’s first of its kind.The company initially only sold to foodservice customers and food manufacturers in 2 lb. bags of around 86 to 130 equivalent eggs. In October 2020, Zero Egg entered the US B2B market following a successful launch in the Netherlands and Israel. As of March 2024, the company’s products can also be purchased online in Patty and Liquid form.In 2021, the company announced that its product is co-manufactured in Cookeville, Tennessee, and would be distributed by Gordon Food Service in the US in 2021.Key customers and partnershipsIn <a href="https://sp-edge.com/updates/18573">May 2023 </a>, Zero Egg partnered with NYC’s Plantega to become the latter’s exclusive plant-based egg supplier. Plantega, based on a deli-in-store concept, featured Zero Egg’s new Egg Patty in its bodega-style breakfast sandwiches, available via all its outlets and food delivery platforms. The following month, the company <a href="https://sp-edge.com/updates/19335">partnered with The Friendly Toast </a>, a US restaurant chain, to launch the Vegan Zero Egg Breakfast Sandwich at all of its ten locations.Funding and financialsIn November 2020, the company raised USD 5 million in a Series A funding round led by Powerplant Ventures. The funding was earmarked for new product launches and expanding the company’s US footprint.

Zero Egg

Perfect Day produces animal-free dairy products using fermentation techniques. The startup uses microflora (microorganisms such as bacteria, yeast, or in this case, fungi) to create the protein blocks of milk-casein and whey via fermentation, which is later combined with fat and water to produce genetically identical substitutes to animal milk. Perfect Day has developed the microflora to produce milk proteins with a similar genetic blueprint corresponding to casein and whey. The startup launched its first product in 2019, a limited line of animal-free ice cream. Perfect Day has also developed animal-free substitutes for cream cheese, feta, and cheese spreads, in addition to milk. Since its first funding round in December 2019, Perfect Day reported a doubling of production capacity while significantly reducing costs. In <a href="https://sp-edge.com/updates/14938">November 2022</a>, the company launched its Very Dairy animal-free milk in Singapore which is claimed to be the first precision fermented milk to enter the Asian market. Following this, Perfect Day <a href="https://sp-edge.com/updates/14989">acquired India’s Sterling Biotech Limited </a>at a value of 638 crore rupees (~USD 78 million). In <a href="https://sp-edge.com/updates/32960">August 2024</a>, 50% of Perfect Day’s stake in Sterling Biotech was acquired by Indian pharmaceutical company Zydus Lifesciences.In <a href="https://sp-edge.com/updates/20068">July 2023</a>, Perfect Day exited its consumer-facing business, The Urgent Company (TUC), due to investor pressure and to shift its focus towards R&amp;D innovation, B2B partnerships, and its nth Bio precision fermentation consulting business. 15% of the workforce at TUC was laid off as a part of this move.Key customers and partnershipsThe company entered into partnerships with Tomorrow Farms in <a href="https://sp-edge.com/updates/10605">May 2022 </a>and Strive Nutrition in <a href="https://sp-edge.com/updates/10862">June 2022 </a>to supply fermented animal-free whey protein for the production of alternative milk. In <a href="https://sp-edge.com/updates/11970">July 2022</a>, the company partnered with sports nutrition brand, Myprotein to launch a precision fermented Whey protein powder. The company partnered with global food and beverage leader, Nestle in <a href="https://sp-edge.com/updates/12953">September 2022 </a>to develop and trial an unnamed alternative milk beverage. Further, during the same month, the company unveiled its <a href="https://sp-edge.com/updates/13187">enterprise biology business, “nth Bio”</a>, offering precision fermentation expertise and technology to companies worldwide and announced Onego Bio as its first partner in this new venture.In <a href="https://sp-edge.com/updates/26920">February 2024</a>, Perfect Day partnered with Unilever-owned ice cream company Breyers, to supply precision-fermented whey protein for developing a lactose-free ice cream product.Funding and financialsIn its latest funding round in <a href="https://sp-edge.com/updates/25248">January 2024</a>, Perfect Day raised up to USD 90 million in pre-Series E funding led by its internal investors. The funding was earmarked for supporting Perfect Day's shift toward manufacturing on a larger scale and paving the path for the commercial release of its fermented whey protein product.

Perfect Day

Califia Farms uses almonds to produce a range of plant-based alternatives such as milk, cold-brew coffee, creamers, half-and-half, butter, and yogurt. In February 2019, the US-based startup launched Übermilk, a milk alternative made with oat milk, pea protein, sunflower oil and seeds, flaxseed oils, and other vitamins and minerals. Übermilk contains the same amount of calories, more protein (8 g), and less sugar (2 g) than a serving of cow’s milk.In <a href="https://sp-edge.com/updates/14325">November 2022</a>, Califia Farms added plant-based whipping cream to its portfolio with the launch of Heavy Whip. In <a href="https://sp-edge.com/updates/15601">January 2023</a>, the company added USDA-certified Organic Oatmilk and Almondmilk–made with only purified water, sea salt, and oats/almonds–to its alternative dairy products. Further, in <a href="https://sp-edge.com/updates/26576">February 2024</a>, the company launched Califia Farms Complete, a plant-based milk claimed to be nutritionally comparable to dairy. It followed this up by launching ‘<a href="https://sp-edge.com/updates/31054">Complete Kids</a>’, a kid-friendly version of its Complete plant-based milk.In <a href="https://sp-edge.com/updates/31925">July 2024</a>, Califia Farms acquired Uproot Inc., a company developing plant milk dispenser systems for foodservice, for an undisclosed sum. With this acquisition, the company aimed to expand its "Away From Home" portfolio and offer plant milk in a convenient dispensing solution at hundreds of colleges, universities, and other dining locations.Califia Farms products are available in the US at Whole Foods, Kroger, Sprouts, and Target outlets.Funding and financialsIn January 2020, Califia Farms raised USD 225 million in Series D funding led by the Qatar Investment Authority to expand its production capacity, R&amp;D efforts, and geographical footprint.

Califia Farms

Kite Hill manufactures a range of plant-based dairy products such as yogurt, yogurt drinks, cream cheese, ricotta, sour cream, and butter using cultured almond milk and coconut milk. Kite Hill has developed its own proprietary cultures and enzymes to create a texture and taste similar to real cheese. After mixing with the cultures and enzymes, the almond milk is left to inoculate and transform to curd and whey overnight.In 2014, Kite Hill launched its first product line, a range of plant-based cheese at Whole Foods, followed by a range of yogurts and cream cheese made from almond milk in 2015. The CEO of plant-based meat startup Impossible Foods, Pat Brown, is also a co-founder of the startup. Kite Hill products are available in Whole Foods Markets, Sprouts, Publix, Target, and Safeway/Albertsons.Funding and financialsIn its most recent funding round in September 2019, Kite Hill raised USD 10 million in funding; the company did not disclose its plan for the funds.

Kite Hill

Producers of plant-based milk alternatives using ingredients such as almonds, cashews, soy, oats, coconuts, peas, etc.

Producers of plant-based butter alternatives using ingredients such as almonds, avocados, olive oil, etc.

Producers of dairy-free ice cream using plant-based milk

Producers of dairy-free yogurt using plant-based milk and cultures

Producers of plant-based egg alternatives for general consumption (used in baking and cooking) using pulses such as mung beans, peas, soy, chickpeas, etc.

Producers of non-dairy (such as plant-based, microflora, cultured, etc.) protein bases that are supplied to dairy alternative manufacturers to produce milk, butter, cheese, ice cream, and yogurt alternatives

Provides sustainable solutions for dairy products and egg farming

ANALYST_QUICK_TAKE

PROMINENT_CATEGORY

<div>
 Fonterra, a dairy cooperative based in New Zealand, has partnered with alternative protein ingredient developer Superbrewed Food (previously known as White Dog Labs). The aim is to research the potential uses of Superbrewed's biomass protein platform.
 This collaboration will concentrate on creating sustainable dairy solutions with the help of Superbrewed's FDA-approved Postbiotic Cultured Protein. This protein is not genetically modified, free from allergens, and obtained through bacterial biomass. The partners will also consider its use in precision-fermented animal-free dairy and plant-based ingredients to cater to the increasing demand for sustainable protein solutions.
 
</div> Analyst QuickTake: 
 Superbrewed’s postbiotic cultured protein received self-affirmed GRAS (Generally Recognized as Safe) status in May 2022, followed by a <a href="https: 
//sp-edge.com/updates/25969"> patent approval </a> in January 2024. This latest partnership follows the company's recent partnerships with <a href="https: 
//sp-edge.com/updates/26637"> Döhler GmbH </a> for production scaling and <a href="https: 
//sp-edge.com/updates/11523"> Bel Group </a> for developing cheese products.

Superbrewed Food

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