Motif Foodworks, a Boston-based FoodTech startup that develops ingredients for plant-based food producers, attracted investment from Robert Downey Jr.’s FootPrint Coalition Ventures, for an undisclosed amount. The partnership will work on developing what they claim is the next generation of plant-based foods that go beyond animal mimicry to provide consumers with healthier and more flavorful alternatives.
The company has also announced the release of three finished products featuring their HEMAMI and APPETEX technologies—Motif MoBeef, Motif MoPork, and Motif Mo Chicken—that will be available to foodservice providers, distributors, retailers, and private labels.
While Motif MoBeef plant-based burger patties are available now, Motif MoBeef plant-based ground and Motif MoPork are set to arrive later in 2022 with Motif MoChicken slated to launch in 2023.
<ul><li> Analyst QuickTake: Motif Foodworks is a startup that has been a frontrunner in the plant-based product space since its inception in 2019. The company was ranked second in our Edge 100 report, where it was identified as one of the most promising early-stage startups in the plant-based meat sector with the potential to reshape the future. This latest investment, coupled with the product expansion, further justifies the company’s capacity and capability for growth.</ul>
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