All Updates

All Updates

icon
Filter
Partnerships
NotCo joins forces with Kraft-Heinz for plant-based JV
Plant-based Meat
Feb 22, 2022
This week:
Product updates
ABL Space Systems' RS1 rocket damaged during preflight testing
Space Travel and Exploration Tech
Yesterday
Product updates
Partnerships
Meta introduces Llama 3.1, its biggest open AI model yet
Machine Learning Infrastructure
Yesterday
Product updates
Partnerships
Meta introduces Llama 3.1, its biggest open AI model yet
Foundation Models
Yesterday
Management news
Cohere lays off 20 employees after USD 500 million funding round
Foundation Models
Yesterday
Management news
OpenAI reassigns AI safety executive Aleksander Madry to AI reasoning role
Foundation Models
Yesterday
Funding
Bitlayer raises USD 11 million in Series A funding to expand ecosystem
Decentralized Finance (DeFi)
Yesterday
Funding
Harvey raises USD 100 million in Series C funding to expand team and develop products
Generative AI Applications
Yesterday
Product updates
xAI to reportedly release Grok 2 and Grok 3 AI models
Generative AI Applications
Yesterday
Product updates
Adobe releases new Firefly AI tools for Illustrator and Photoshop
Generative AI Applications
Yesterday
Product updates
SensiML launches open-source initiative Piccolo AI for intelligent Edge solutions
Machine Learning Infrastructure
Yesterday
Plant-based Meat

Plant-based Meat

Feb 22, 2022

NotCo joins forces with Kraft-Heinz for plant-based JV

Partnerships

  • NotCo, a Chile-based FoodTech startup, teamed up with Kraft-Heinz to form a joint venture (JV) to leverage the strengths of both companies and develop a line of plant-based food. The JV, called The Kraft Heinz Not Company LLC, will operate under the control of Kraft-Heinz and will be headquartered in Chicago, with R&D facilities in San Francisco. Lucho Lopez-May, the current CEO of NotCo North America, will become CEO of the new entity.

  • The Kraft Heinz Not Company LLC will use NotCo's patented AI platform (Guiseppe) to produce plant-based food, while Kraft-Heinz will contribute its manufacturing skills and well-established sales networks to market the products. Guiseppe is a technological platform that reverse-engineers animal goods and recreates them with plant-based ingredients using AI and machine learning techniques.

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.