#Impossible Foods taps former Chobani exec as its new CEO

Admin4 years ago05 mins

“Impossible Foods taps former Chobani exec as its new CEO” Impossible Foods founder Pat Brown will step down as chief executive and hand over the role to Peter McGuinness, the former chief operating officer of Greek-yogurt maker Chobani, as the alternative meat producer expands rapidly and launches new products. Brown, who founded the plant-based burger…

#Bezos-backed fake meat and dairy company NotCo raises 5M

#Bezos-backed fake meat and dairy company NotCo raises $235M

Admin5 years ago04 mins

“#Bezos-backed fake meat and dairy company NotCo raises $235M” NotCo, a Jeff Bezos-backed, fake meat and dairy company, has just joined the unicorn club. The Chilean-based company, which uses an artificial intelligence program called Giuseppe to make plant-based milk and meat products, said Monday it has raised another $235 million in a funding round that…

#Vegan fake-meat takes China by storm

Admin5 years ago05 mins

“#Vegan fake-meat takes China by storm” The country that currently consumes about half of the world’s pork is rapidly moving toward a vegan revolution. China has an $86 billion meat market and is responsible for eating 28% of the global supply, with the average Chinese person devouring 11 pounds of meat annually. But that may…

#Impossible Foods to lower food prices

Admin5 years ago04 mins

“#Impossible Foods to lower food prices” Impossible Foods is chopping its wholesale prices for the second time in less than a year as demand for its fake meat soars, the company said. The latest cut will slice 15 percent off the cost of the Redwood City, California, company’s plant-based patties and sausages — a reduction…