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Mitsubishi Chemical Holdings Corporation and Greentown Labs Announce the KAITEKI Challenge Startup Participants

Greentown Labs

May 18, 2021 — Greentown Labs , the largest climatetech startup incubator in North America, and Mitsubishi Chemical Holdings Corporation (MCHC) have selected six startups for the KAITEKI Challenge that are innovating in the areas of alternative proteins, plastics, and packaging. Somerville, Mass., billion in funding.

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Rebranded Ginkgo-spinout & ingredients innovator Motif FoodWorks raises $27.5m, hones in on animal-free

AFN Sustainable Protein

Motif will use Ginkgo’s fermentation technology to provide food companies with ingredients for alternative protein product lines in the plant-based and meat alternatives space. The company has also formally identified the animal-free sector as its main area of focus.

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Innovative Food: Startups Raise $206m to Meet Consumer Demand for Protein & Novel Ingredients

AFN Sustainable Protein

Also tackling dairy is Ripple Foods , which launched a milk alternative earlier this year and counts GV and Khosla among its investor base. Beyond Meat , another plant-based burger company has raised a total of $17 million and has various meat alternative products on sale in Whole Foods, Target, and other retailers.

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Innovative Food: Startups Raise $206m to Meet Consumer Demand for Protein & Novel Ingredients

AFN Sustainable Protein

Also tackling dairy is Ripple Foods , which launched a milk alternative earlier this year and counts GV and Khosla among its investor base. Beyond Meat , another plant-based burger company has raised a total of $17 million and has various meat alternative products on sale in Whole Foods, Target, and other retailers.