Not only is money getting tighter across the board, but the types of technologies that are attracting financial interest have shifted significantly over time — to the benefit of companies pursuing fermented proteins and the detriment of plant-based technologies.
The Good Food Institute, in an analysis of PitchBook Data, noted that alternative protein companies (including dairy) raised $297 million in Q2 2023, bringing total investments in the first half to $496 million and total investments over the…
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