All Updates

All Updates

icon
Filter
Industry news
UK alternative protein R&D to receive GBP 20 million investment
Plant-based Meat
Sep 22, 2022
This week:
M&A
N-able acquires Adlumin for USD 266 million to strengthen cybersecurity offerings
Next-gen Cybersecurity
Today
M&A
Bitsight acquires Cybersixgill for USD 115 million to enhance threat intelligence capabilities
Cyber Insurance
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Generative AI Infrastructure
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Data Infrastructure & Analytics
Today
Product updates
Microsoft launches Copilot Actions for workplace automation
Foundation Models
Yesterday
M&A
Almanac acquires Gro Intelligence's IP assets for undisclosed sum
Smart Farming
Yesterday
Partnerships
Aduro Clean Technologies partners with Zeton to build hydrochemolytic pilot plant
Waste Recovery & Management Tech
Yesterday
Funding
Oishii raises USD 16 million in Series B funding from Resilience Reserve
Vertical Farming
Yesterday
Management news
GrowUp Farms appoints Mike Hedges as CEO
Vertical Farming
Yesterday
M&A
Rise Up acquires Yunoo and expands LMS monetization capabilities
EdTech: Corporate Learning
Yesterday
Plant-based Meat

Plant-based Meat

Sep 22, 2022

UK alternative protein R&D to receive GBP 20 million investment

Industry news

  • The UK’s biggest public funder of non-medical bioscience, The Biotechnical and Biological Sciences Research Council (BBSRC), announced in its strategic delivery plan for 2022-2025 that it will jointly invest a minimum sum of GBP 20 million (~USD 22 million) for more sustainable and alternative protein sources.

  • The investment will be put towards capacity building, research, innovation, and business-led commercialization of alternative protein products.

  • AnalystQuickTake: As the plant-based sector gains traction, many countries have invested in alternative protein research and commercialization. In September 2022 , the Israeli government announced food tech amongst its top five national R&D priorities, focusing on alternative proteins. The Danish government formed the Plant Fund with an investment of USD 100 million in April 2022 to grow the plant-based food sector. The additional support received from governments can help further propel the industry forward and find solutions for more sustainable food options during a time when traditional farming is taking a toll on the environment.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.