Will the Netherlands Remain a Leader in the Alternative Protein Market? 🌱 The Netherlands is set to lead the alternative proteins revolution, with the market projected to reach €10 billion by 2030. However, startups and scale-ups face significant challenges in scaling up. Today, Foodvalley NL and Invest-NL release the report, Enhancing the Ecosystem for Alternative Protein Innovation: Strategies for Scaling Success. The report identifies key obstacles such as limited facility access, high costs, and complex regulations. A national strategy, smart investments in shared facilities, and innovative financing can help overcome these barriers, positioning the Netherlands as a leader in food innovation and sustainability. Curious about the report? Read more here: https://lnkd.in/eXzDtUBV At Bodec, we recognize that strategic investments in independent ‘shared facilities’ are crucial for supporting start-ups and scale-ups, thereby advancing the alternative proteins revoluition. Implementing flexible access models makes facilities like Bodec’s more affordable for startups and scale-ups. This can be achieved through vouchers, subsidies, and innovative financing models. We hope these recommendations will be adopted and translated into concrete actions through policy. 💡💼 #AlternativeProteins #FoodInnovation #Sustainability #Netherlands #InvestNL #FoodvalleyNL #Bodec #AlternativeProteins #FoodInnovation #Sustainability #Netherlands #InvestNL #FoodvalleyNL #Bodec
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𝐖𝐢𝐥𝐥 𝐭𝐡𝐞 𝐍𝐞𝐭𝐡𝐞𝐫𝐥𝐚𝐧𝐝𝐬 𝐑𝐞𝐦𝐚𝐢𝐧 𝐚 𝐋𝐞𝐚𝐝𝐞𝐫 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐏𝐫𝐨𝐭𝐞𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭? The Netherlands is poised to lead a revolution in alternative proteins. This rapidly growing market is expected to reach €10 billion by 2030. Innovative startups and scale-ups are driving this growth but face significant obstacles in scaling up. Today, Foodvalley NL and Invest-NL release the report, ‘Enhancing the Ecosystem for Alternative Protein Innovation: Strategies for Scaling Success’. The report reveals that limited access to facilities, high operational costs, and complex regulations are hindering scaling efforts. With a national strategy, smart investments in shared facilities, and innovative financing models, these barriers can be overcome. The Netherlands can position itself as the leader in food innovation and sustainability. "𝑇ℎ𝑒 𝑝𝑟𝑜𝑡𝑒𝑖𝑛 𝑡𝑟𝑎𝑛𝑠𝑖𝑡𝑖𝑜𝑛 𝑖𝑠 𝑒𝑠𝑠𝑒𝑛𝑡𝑖𝑎𝑙 𝑓𝑜𝑟 𝑎 𝑚𝑜𝑟𝑒 𝑠𝑢𝑠𝑡𝑎𝑖𝑛𝑎𝑏𝑙𝑒 𝑓𝑢𝑡𝑢𝑟𝑒. 𝑇ℎ𝑒 𝑁𝑒𝑡ℎ𝑒𝑟𝑙𝑎𝑛𝑑𝑠 ℎ𝑎𝑠 𝑡ℎ𝑒 𝑜𝑝𝑝𝑜𝑟𝑡𝑢𝑛𝑖𝑡𝑦 𝑡𝑜 𝑙𝑒𝑎𝑑 𝑖𝑛 𝑡ℎ𝑖𝑠," says Michiel Strijland of Invest-NL. "𝑆𝑡𝑟𝑎𝑡𝑒𝑔𝑖𝑐 𝑖𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡𝑠 𝑎𝑛𝑑 𝑓𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑠𝑢𝑝𝑝𝑜𝑟𝑡 𝑐𝑎𝑛 𝑝𝑜𝑠𝑖𝑡𝑖𝑜𝑛 𝑡ℎ𝑒 𝑁𝑒𝑡ℎ𝑒𝑟𝑙𝑎𝑛𝑑𝑠 𝑎𝑠 𝑎 𝑙𝑒𝑎𝑑𝑒𝑟 𝑖𝑛 𝑠𝑢𝑠𝑡𝑎𝑖𝑛𝑎𝑏𝑙𝑒 𝑝𝑟𝑜𝑡𝑒𝑖𝑛 𝑝𝑟𝑜𝑑𝑢𝑐𝑡𝑖𝑜𝑛," adds Emmanuel Anom of Foodvalley. Curious about the report? Read more here: https://lnkd.in/eXzDtUBV Nina Waldhauer, Rik Pantjes, Jochem Groothuismink, Guido Laman #SharedFacilities #ProteinTransition #FoodInnovation #AlternativeProteins
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I'm excited to share the newly released report, "Enhancing the Ecosystem for Alternative Protein Innovation: Strategies for Scaling Success," developed with Invest-NL and Foodvalley NL. The Netherlands is at the forefront of the alternative protein revolution, with the market expected to reach €10 billion by 2030. However, scaling up remains challenging due to limited access to facilities, high operational costs, and complex regulations. Our report provides key recommendations to overcome these barriers: -National Strategy and Ecosystem Collaboration: Foster innovation clusters and streamline regulatory processes. -Investment in Shared Facilities: Develop regional hubs with advanced shared facilities through public-private partnerships. -Innovative Financing Models: Introduce voucher systems, operational subsidies, and other financial support mechanisms. These strategic steps can position the Netherlands as a global leader in food innovation and sustainability. 🌱🚀 Curious about the details? Read more in the full report at https://lnkd.in/eXzDtUBV #SharedFacilities #ProteinTransition #FoodInnovation #AlternativeProteins
𝐖𝐢𝐥𝐥 𝐭𝐡𝐞 𝐍𝐞𝐭𝐡𝐞𝐫𝐥𝐚𝐧𝐝𝐬 𝐑𝐞𝐦𝐚𝐢𝐧 𝐚 𝐋𝐞𝐚𝐝𝐞𝐫 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐏𝐫𝐨𝐭𝐞𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭? The Netherlands is poised to lead a revolution in alternative proteins. This rapidly growing market is expected to reach €10 billion by 2030. Innovative startups and scale-ups are driving this growth but face significant obstacles in scaling up. Today, Foodvalley NL and Invest-NL release the report, ‘Enhancing the Ecosystem for Alternative Protein Innovation: Strategies for Scaling Success’. The report reveals that limited access to facilities, high operational costs, and complex regulations are hindering scaling efforts. With a national strategy, smart investments in shared facilities, and innovative financing models, these barriers can be overcome. The Netherlands can position itself as the leader in food innovation and sustainability. "𝑇ℎ𝑒 𝑝𝑟𝑜𝑡𝑒𝑖𝑛 𝑡𝑟𝑎𝑛𝑠𝑖𝑡𝑖𝑜𝑛 𝑖𝑠 𝑒𝑠𝑠𝑒𝑛𝑡𝑖𝑎𝑙 𝑓𝑜𝑟 𝑎 𝑚𝑜𝑟𝑒 𝑠𝑢𝑠𝑡𝑎𝑖𝑛𝑎𝑏𝑙𝑒 𝑓𝑢𝑡𝑢𝑟𝑒. 𝑇ℎ𝑒 𝑁𝑒𝑡ℎ𝑒𝑟𝑙𝑎𝑛𝑑𝑠 ℎ𝑎𝑠 𝑡ℎ𝑒 𝑜𝑝𝑝𝑜𝑟𝑡𝑢𝑛𝑖𝑡𝑦 𝑡𝑜 𝑙𝑒𝑎𝑑 𝑖𝑛 𝑡ℎ𝑖𝑠," says Michiel Strijland of Invest-NL. "𝑆𝑡𝑟𝑎𝑡𝑒𝑔𝑖𝑐 𝑖𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡𝑠 𝑎𝑛𝑑 𝑓𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑠𝑢𝑝𝑝𝑜𝑟𝑡 𝑐𝑎𝑛 𝑝𝑜𝑠𝑖𝑡𝑖𝑜𝑛 𝑡ℎ𝑒 𝑁𝑒𝑡ℎ𝑒𝑟𝑙𝑎𝑛𝑑𝑠 𝑎𝑠 𝑎 𝑙𝑒𝑎𝑑𝑒𝑟 𝑖𝑛 𝑠𝑢𝑠𝑡𝑎𝑖𝑛𝑎𝑏𝑙𝑒 𝑝𝑟𝑜𝑡𝑒𝑖𝑛 𝑝𝑟𝑜𝑑𝑢𝑐𝑡𝑖𝑜𝑛," adds Emmanuel Anom of Foodvalley. Curious about the report? Read more here: https://lnkd.in/eXzDtUBV Nina Waldhauer, Rik Pantjes, Jochem Groothuismink, Guido Laman #SharedFacilities #ProteinTransition #FoodInnovation #AlternativeProteins
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Are you leading a start- or scale-up in the agri-food sector? Do you want to understand the perspectives of your peers, stakeholders, government bodies, and investors on the current business climate, funding and ecosystem? Then this report is a must-read: Enhancing the Ecosystem for Alternative Protein Innovation: Strategies for Scaling Success. Discover insights on: - The challenges and opportunities in scaling alternative protein production in the Netherlands. - The crucial role of shared facilities and government support in overcoming operational and financial barriers. - How innovative funding mechanisms and collaborative ventures can foster a more supportive and attractive environment for growth. - The international best practices that can be adopted to strengthen the Dutch alternative protein ecosystem. Read the full report: https://lnkd.in/eeUXF66J to learn how we can accelerate the protein transition and position the Netherlands as a global leader in sustainable food innovation. #FoodInnovation #AgriTech #SharedFacilities #FoodIndustry #AgriInnovation #Collaboration #ResearchAndDevelopment #SustainableAgriculture #scaleup #startup #InnovationEcosystem #TechInFood #FutureOfFood #ResourceOptimization #InnovationJourney
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🥚💰 ONEGO BIO RAISES €14M FOR ANIMAL-FREE EGG PROTEIN Three months after raising $40M in its Series A round, Finnish precision fermentation player Onego Bio has brought in another €14M ($15.2M) to scale up production and fuel its EU plans. The latest capital injection comes from the European Innovation Council’s (EIC) Accelerator Programme and additional Series A investors, taking the total raised by the startup to $70.8M. It comes as Onego Bio gears up for a North American launch, expecting to achieve self-determined Generally Recognized as Safe (GRAS) status for its Bioalbumen protein in the US this year, with a ‘no further questions’ letter from the US FDA anticipated in 2025. The EIC financing will also be used to drive its launch strategy in the EU, where it plans to submit a dossier for novel food approval to the European Food Safety Authority (EFSA). Eventualy, it aims to enter the South American and Asian markets as well. Onego Bio was one of 68 companies that attracted investment from the EIC scheme. A total of 969 startups had initially submitted proposals, 347 of which were interviewed by juries of investors and entrepreneurs. Of the selected companies, only 21% were women-led – but one of these is Onego Bio. With egg prices regularly fluctuating due to an unstable supply chain, innovations like Onego Bio’s are crucial for a resilient food system. Currently, it is producing the Bioalbumen with co-manufacturers and finalising plans for its own manufacturing unit. Read the full article here: https://lnkd.in/eurivRRD #GreenQueen #futurefoods #foodtech #sustainability #innovation
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🇳🇱🌱🥩 INNOVATION CLUSTERS, INVESTMENT & SHARED HUBS KEY TO NETHERLANDS’ ALT-PROTEIN TRANSITION The Netherlands recently became the first EU country to allow (and host) public tastings for cultivated meat, a marker of the government’s forward-thinking approach to the food system. However, many challenges remain for a true acceleration of alternative proteins, which are set to represent a €10B market in the country by 2030. This will be fuelled by declining production costs technological advancements, and evolving consumer needs. So while the sector is well-positioned to capitalise on this opportunity, it first needs to overcome the many obstacles preventing startups in this industry from scaling up, according to a new report by local firms Foodvalley NL and Invest-NL. “The report highlights the critical need to address the scaling challenges of startups and scaleups,” said Emmanuel Anom, lead of shared facilities at Foodvalley NL. “By strategically investing in shared facilities and implementing supportive financial mechanisms, we can position the Netherlands as a world leader in the transition to sustainable protein production.” The report outlines four key barriers for companies looking to move from lab-scale to commercial production: 1️⃣ Limited access to facilities, which hampers startups’ ability to test and optimise their processes, and delays their route to market 2️⃣ The high operational costs of pilot facilities, equipment, raw materials and personnel, posing a significant financial burden on startups looking to scale up 3️⃣ The complicated, time-consuming and expensive regulatory application process 4️⃣ A big funding gap between the R&D and commercialisation phases, which hold back innovation and prevent technologies from reaching the market The report lists three recommendations to overcome these scalability challenges: 1️⃣ Developing a national collaboration strategy to facilitate interaction among startups, research institutions and corporate partner 2️⃣ Establishing regional hubs with state-of-the-art shared facilities across the country, backed by public-private partnerships 3️⃣ Greater financial support in the form of voucher systems, operational subsidies and innovative funding models Learn more in the full article: https://lnkd.in/eBkMpJq7 #GreenQueen #altprotein #futurefood #foodtech #innovation #sustainability #policy #foodsystems
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🚀 APPLICATIONS are now OPEN! Do you have an #alternativeprotein innovation that could be applied to make our lives healthier, and the food system more sustainable? 🌍 Seedbed identifies and validates the commercial potential of Europe’s most promising IP-backed innovations, to launch sustainable and scalable #foodtech ventures across Europe. Here are some of our #Alumni who have participated in Seedbed and are successfully building their food tech startups: Edonia Unlocking microalgae potential The Good Pulse Company Cheese from peas Seavolution Plant-based seafood ISAUKI foods Plant-based seafood POSEIDONA High-quality protein ingredients from macroalgae waste products MILGOGI Whole-cut meat alternatives ODS Protein Alternative proteins through fermentation Take a look at all the innovation areas we support to commercialise here: https://lnkd.in/deVBKt5j Apply today to join the Seedbed Incubator https://lnkd.in/e8Rbs_2y or TAG a friend who you think could be holding the key to #foodsystemstransformation
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🌟 Alternative proteins are everywhere among the rising stars of the German food sector 🌟 Of the "50 New Food Stars" for 2024 – identified in a new report, around half of them were plant-based, fermentation or cultivated companies. The finalists were selected based on their positive impact on the food industry or global nutrition, and were also required to have matured beyond the ideation and startup phase. Other evaluation criteria for the Munich Strategy report included company maturity, disruption, and market potential. These newcomers represent the players making new options that are both nutritious and environmentally friendly, and highlight the exciting diversity of Germany’s alternative protein ecosystem. Germany is emerging already as a global leader in this sector, but further investment from both public and private sources is needed to cement this incredible progress and further nurture the vibrant ecosystem in Germany and beyond. Congratulations to these alternative protein newcomers for building a better future for food! Learn more here: https://lnkd.in/d9d25A_U #Innovation #Sustainability #FoodIndustry #Startups Image: Greenforce
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🌱 Seedsight'𝘀 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝗶𝘀 𝗳𝗼𝗰𝘂𝘀𝗲𝗱 𝗼𝗻 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗮𝗺𝗼𝘂𝗻𝘁 𝗼𝗳 𝗳𝗼𝗼𝗱 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝗿𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀. 🌽 This problem-solving involves addressing critical challenges to the food system's survival, such as quality, availability, and availability of staple foods such as grains and seeds. Seedsight is a deep-tech startup incubated at UPTEC - Science and Technology Park of University of Porto. It aims to provide the agri-food chain with the necessary knowledge to improve the decision-making process in acquiring raw materials for food products, contributing to the global fight against food waste and fraud and sustainability throughout the value chain. 🔗Know more here 👉 https://lnkd.in/dBbJnNrX #AICEP #aicepuae #InvestinPortugal #BusinessMatchMaking #PortugalOpenForBusiness aicep Portugal Global
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💼🚀 This week's top stories in Funding, Acquisition, and Finance: 🌱 Day 8's Plant-Based Protein Innovation: Israeli startup secures $750K pre-seed funding for its novel upcycled proteins, spotlighting a sustainable future in food tech. 🥩 Cultivated Meat Advances in the UK: With a near £500,000 government grant, CPI, MarraBio, and Aelius Biotech push forward on cultivated meat, promising a leap towards sustainable meat production. 💵 Bluestein Ventures' Food Tech Vision: Closing its third fund at $45M, the firm sets its sights on nurturing early-stage food and beverage innovations, ensuring a healthier and sustainable food ecosystem. 🛒 VFG & TOFUTOWN's Strategic Union: Aiming to become Europe's plant-based powerhouse, VFG's acquisition of TOFUTOWN forecasts group revenues soaring over €100M, marking a significant shift in the plant-based industry landscape. #FutureOfFood #SustainableInnovation
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GEA has begun construction of its technology center for alternative proteins in Janesville, Wisconsin. Scheduled to open in 2025, the center will scale up the production of novel plant-based, microbial, and cell-based foods. “This investment underscores our commitment to innovation and sustainability in the food industry,” said Arpad Csay, who leads GEA Group's new food activities in North America, at the groundbreaking ceremony on 8 May 2024. The center will house pilot lines for cell cultivation and precision fermentation, bridging the gap between benchtop and commercial production of alternative proteins. “The technology center will offer foodtech businesses a platform to develop and derisk their processes to ensure technological and commercial viability. It helps startups in the sector implement a business strategy that requires little upfront investment. This way, we help accelerate the development of market-ready products.” #foodtech #alternativeproteins #scaleup #innovation #foodproduction
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