Applications for the third annual IFTNEXT Food Disruption Challenge™ competition are due January 9, 2020. The competition is designed to help emerging and investment-ready food related startups, entrepreneurs, and innovators gain visibility and make strategic connections to help advance the science of food and its positive impact on the sustainability of the global food supply.
Six finalists will be asked to pitch their innovation during a live featured session at IFT20 in Chicago, with a $25,000 cash prize awarded to the judges’ selection of IFTNEXT Future Food Disruptor of the Year. Other prizes include $5,000 for the People’s Choice Award based on audience voting and mentoring opportunities.
Gathered Foods, makers of Good Catch plant-based seafood products, announced the closing of a $32 million series B funding round, which includes two key industry investors: Greenleaf Foods and 301 INC, the venture arm of General Mills.
Califia Farms, maker of plant-based milks and ready-to-drink coffee, has raised $225 million from global investors in a series D financing round.
Applications for the third annual IFTNEXT Food Disruption Challenge™ competition are due January 9, 2020.
OWYN (Only What You Need), a brand of plant-based protein beverages and other functional nutrition products, has finished an investment round led by PowerPlant Ventures.
Perfect Day, a leader in the research, development, and production of animal-free dairy, has closed a $140 million series C funding round led by Temasek with substantial involvement from past investors.