Quorn Foods recorded a 2.2% rise in revenue in the first half of 2026, its first meaningful growth after several consecutive years of decline.

New York-based C16 Biosciences has launched a precision-fermented cocoa butter equivalent under its Palmless brand, marking the startup's first entry into food ingredients after establishing itself in sustainable beauty.

Ginkgo Bioworks and Acies Bio have announced a collaboration to develop optimised microbial strains of Aspergillus niger for use in industrial protein production.

Lucknow-based Arboreal Bioinnovations has closed a $24.2M Series A round led by EAAA Alternatives and Omnivore to expand manufacturing and R&D across its functional ingredient portfolio.

Swedish foodtech company Millow has raised €2 million to expand production and build out its commercial team for the Nordic foodservice market. The company's solid-state fermentation process converts Swedish oats and mycelium into a two-ingredient, clean-label protein with a carbon footprint independently verified at 0.3 kg CO₂e per kilogram, roughly 98% lower than Swedish beef. The round coincides with the unopposed expiry of the opposition window for Millow's core European