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Food Startup Novameat Can 3D Print Alt-Meat Steaks

PYMNTS

Novameat, a Spanish food startup that wants to bring plant-based meat alternatives to the public, has gotten an investment from New Crop Capital to bring its 3D printed plant-based steaks to market, according to a report by TechCrunch. Investor New Crop Capital is one of the most well known companies in the meat replacement space.

Memphis 141
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. Oklahoma City, and Memphis. New Markets. Ontario (L.A.),

Company 130
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New Investors Flock To Food

CB Insights

This includes a wide range of investors, including venture capital funds, private equity firms, corporations, and angel investors. It recently, for example, led a $1M seed round into MA-based jerky startup Kalahari Brands. SNACKING 2.0: STARTUPS SHAPING THE FUTURE OF FOOD. Dr Pepper Snapple paid $1.7B

Memphis 65
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This Time, We Want You To Drink The Kool-Aid

PYMNTS

We have a significant level of awareness,” said Andrew Louie, brand manager of refreshment beverages at Kool-Aid’s modern corporate parent company, Kraft. The brand continues to be extremely popular, even though it’s over 50 years old.”. Sometimes, though, Kool-Aid has been popular in the wrong way.

Nebraska 131
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Our Meatless Future: How The $90B Global Meat Market Gets Disrupted

CB Insights

Together, the 7 largest meat companies combine for over $71B in market capitalization, with the largest, Tyson, boasting a $26B valuation. The industry has seen massive consolidation, as companies like Hormel and Brazil-based JBS have grown bigger and bigger through the acquisition of new meat brands and products. Seafood substitutes.

Memphis 78