
Photo: Paleo
Belgium-based alt-protein ingredient company Paleo on Monday announced it has refocused its operations to concentrate on research and development.
In alignment with this decision, Paleo said it will “significantly reduce” staff located at its R&D Center in Leuven.
The change, the company said in an email to Alt-Meat, comes amid challenging market conditions in the broader food technology industry. The company cited long regulatory timelines and a cautious investment…