Lately, algae have been taking center stage in the foodtech industry, revolutionizing the way people perceive sustainable and nutritious food sources. Algae, often associated with aquatic environments, and seaweed, a common sight along coastlines, have proven to be valuable and versatile resources in the quest for more eco-friendly, nutritious, and flavorful food options. The global foodtech sector has seen a growing interest in leveraging these wonders, driven by the need for sustainable food solutions and the rising demand for plant-based and environmentally friendly products. Algae and seaweed are rich in essential nutrients, low in environmental impact, and highly adaptable, making them ideal candidates for innovation.

To shed light on the different applications and transformative potential within the foodtech industry, we’ll delve into the remarkable journeys of nine pioneering startups that are leading the way in harnessing algae as key ingredients for a brighter, greener, and more delectable food future.

 

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Hypesound

Hypesound  🇮🇹 has developed So’ Sweep, a technology that aims to revolutionize the fermentation market by using low-frequency sound waves to increase the reproduction of microorganisms by up to +300% and improve purity levels. By 2030, biomanufacturing will require a production capacity of 10 billion liters, whereas today we only have 60 million. So’ Sweep promises to bridge this discrepancy with a substantial increase in productivity via a plug & play solution. During 2023, Hypesound participated in FoodSeed, the acceleration program of CDP Venture Capital SGR, which allowed it to consolidate its value proposition, build an effective go-to-market strategy, and add strategic business skills to the team.

 

Poseidona

Poseidona

Poseidona 🇪🇸 is a Spanish startup led by women, part of the 2023 Spain Foodtech cohort, with a mission to revolutionize the food industry by developing sustainable proteins sourced from algal waste and invasive biomass, revolutionizing the current production system and generating a positive impact on the marine ecosystem. They leverage these alternative proteins to create delicious and mouthwatering food products. Poseidona aims to contribute to a better world where ethics take precedence, and environmental preservation is paramount. Their dedication aligns with the healing and nurturing power of the ocean, striving to nourish a new era of conscious beings with innovative and sustainable food solutions.

 

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Ful Foods

FUL 🇳🇱 is a Dutch startup specializing in crafting sparkling spirulina water that’s not only delicious but also exceptionally healthy. Their beverages feature the natural blue hue of FUL Spirulina and are a refreshing detox for both your body and the planet. These drinks are caffeine-free, low in sugar, low in calories, and completely vegan. With delightful hints of white peach, lemon, ginger, grapefruit, and cucumber, FUL’s offerings are a blend of unique flavors that leave you feeling invigorated and rejuvenated. Their commitment to sustainability and health is central to their mission, making FUL a fantastic choice for eco-conscious consumers looking for a new, refreshing beverage experience.

Notpla

Notpla

Notpla 🇬🇧,  is a sustainable packaging startup dedicated to making conventional packaging disappear. Their innovative products, like Ooho, a revolutionary material made from seaweed and plants that biodegrades in weeks naturally, and other packaging solutions. Seaweed, one of nature’s most renewable resources, serves as the primary ingredient in their quest to reduce plastic waste. Recognized for their efforts in environmental sustainability, Notpla has received prestigious awards, including the Earthshot Prize and the Tom Ford Plastic Innovation Prize. Notpla has established itself as a go-to supplier for catering and food service businesses, catering to a diverse audience seeking sustainable and innovative packaging solutions.

Back of the yard

Back of the Yards Algae Sciences

Back of the Yards Algae Sciences, 🇺🇸 stands at the forefront of innovation, driven by the potential of algae. Their pioneering work spans diverse applications, including the development of sustainable, natural ingredients such as food colorants and flavors, plant-based meat protein powders, biostimulants for optimizing crop yield in vertical farming, and growth media for scaling up cell-based food production. Notably, they have harnessed spirulina to create algal heme, a game-changing component famously used by plant-based food tech leader Impossible Foods to replicate the “bleeding” effect in their animal-free beef patties. Additionally, they offer Spirulina extract for approved food and beverage colorants, along with versatile Spirulina powder, organic, vegan, halal, and kosher spirulina, which retains the superfood benefits while remaining odorless and tasteless. 

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New Wave Foods

New Wave Foods 🇺🇸 poised to make a significant splash in the market with its product plant-based shrimp. The secret ingredient behind this innovative creation is algae. While the precise formulation of their shrimp substitute is yet to be fully disclosed, the company has revealed that it will be crafted from a combination of seaweed and non-GMO plant proteins, resulting in a product with a taste and texture that is described as “virtually indistinguishable” from traditional shrimp. New Wave Foods’ plant-based shrimp offers a delectable and sustainable alternative, perfect for a variety of shrimp dishes, from sautéed to grilled, breaded to baked or fried. It promises to deliver an exceptional, plant-based seafood experience, composed of sustainably sourced seaweed extract and mung bean protein, all while being vegetarian and kosher-friendly. 

 

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Sophie’s BioNutrients

Sophie’s BioNutrients 🇳🇱 is a Dutch startup working in the alternative protein industry, using microalgae to create sustainable plant-based products. They are the first foodtech company using microalgae and patent-pending technologies to develop 100% plant-based & sustainable alternative protein for the food industry. Their innovative approach leverages proprietary microalgae strains that can be grown in fermentation tanks, fed with food waste, and harvested in as little as three days. They have created the world’s first Chlorella Ice Cream made from their Chlorella Protein Concentrate. Sophie’s BioNutrients is at the forefront of the movement towards sustainable urban protein production, addressing pressing global food security and supply chain challenges.

 

Allmicroalgae

Allmicroalgae

Allmicroalgae 🇵🇹 is a Portuguese startup pioneering company dedicated to providing high-quality plant-based solutions, primarily focused on microalgae, to various industries, including Food & Beverage, Nutraceutical, Feed, Agricultural, and Cosmetics. They specialize in nutritionally sustainable plant-based ingredients and biomass. Allmicroalgae is one of the largest European producers of natural microalgae, in particular organic Chlorella vulgaris, owning a rich microalgae portfolio that includes too Nannochloropsis sp., organic Spirulina, Tetraselmis chui, Scenedesmus sp., Phaeodactylum tricornutum and more. 

 

algama

Algama

Algama 🇫🇷 is a startup promoting sustainable food solutions by harnessing the nutritional power of algae. Their core focus is on selecting promising algae strains and transforming them into actionable ingredients, which are used to develop eco-friendly alternatives to animal-based products including plant-based eggs and meat. With an emphasis on innovation, Algama caters to changing consumer preferences and collaborates to craft innovative, flavorful, and health-conscious food products. They aspire to share a more positive vision for the food industry, facilitate industrial-scale production of plant-based proteins, and lead food innovations in high-growth markets, all while championing algae as a sustainable and nutritional powerhouse.

In conclusion,  these startups collectively represent the transformative potential, and superpowers of algae, offering a range of innovative and sustainable products. From proteins and beverages to packaging and agricultural solutions, we move towards a future marked by ethical choices and ecological responsibility, algae is poised to play a pivotal role in nourishing a new era of conscious consumers and revolutionizing the way we experience food. These startups are at the vanguard of this transformative journey, and the potential for further growth and innovation in this space is boundless.

The accelerator has concluded the first closing of its investment fund, Europe Foodtech Acceleration Fund I SCSp, focusing on technology-based seed projects in the agri-food sector.

The new investment vehicle, worth 30 million euros, encompasses the Spain Foodtech and FoodSeed acceleration programs in Italy, with a third program set to launch soon in Europe.

 

Despite the global economic context, the Foodtech sector has demonstrated notable resilience in recent years. Innovative technologies and alliances among the entrepreneurial ecosystem, industry, and investors have facilitated the creation of efficient solutions to address significant challenges in the sector. As a result, the promotion of a new vertical in the food sector has been initiated, which not only offers investment and business opportunities but also generates a significant impact on the lives of people and the planet.

 

Eatable Adventures, one of the main Foodtech accelerators globally, has played a fundamental role in the creation and strengthening of these ecosystems, especially in Spain and Italy. These are crucial markets for the European food industry, with the agri-food sector playing a decisive role in the national economies of both countries. To support the accelerator’s activity in these countries, Eatable Adventures has unveiled the establishment of a new 30-million-euro investment vehicle, Europe Foodtech Acceleration Fund I SCSp, with the first closing already completed. Additionally, the accelerator has announced the initial investments made through this fund, totaling six million euros, encompassing nine leading Foodtech technological projects: Agreen Biosolutions, Agreenet, Hypesound, Foreverland, Néboda, Mmmico, Regrowth, Soonapse, and Trusty.

 

The selection of these projects has occurred within the framework of two national acceleration programs dedicated to fostering the implementation of innovative technological solutions in this sector: Spain Foodtech, implemented in Spain through a country program developed in collaboration with ICEX Spain Export and Investments and CNTA; and FoodSeed, operating in Italy as part of the national network of CDP Venture Capital Sgr accelerators, where the accelerator serves as a co-investor and operational manager. Likewise, the investment vehicle will extend its coverage to a third European acceleration program, set to launch in the upcoming months. This expansion aims to amplify the influence of these technologies on an international scale.

“The experience that we have gained over these years in the Foodtech vertical offers us a complete and precise vision of the ecosystem, which has allowed us to select and invest in the startups with the greatest development potential and fit with the needs of the sector”, commented José Luis Cabañero, Founder and CEO of Eatable Adventures. “Incorporating technology and innovation is essential to increase production, optimize resources, and reduce the environmental footprint of the food system.”

In the historical portfolio of the accelerator, global references stand out such as Cocuus, a Spanish company that has developed the world’s first 3D bioprinting plant for products of plant origin and whose products have already reached the retail channel; Ekonoke, a global leader in the cultivation of hops in a climate-controlled agricultural environment and Moa Foodtech, a pioneer company in the production of protein biomass through fermentation techniques.

 

Nine investments boost the Foodtech sector on an international scale

The invested companies present disruptive solutions that tackle issues such as food waste, water resource scarcity, enhanced traceability, and transparency in vital industries, innovative alternatives for crop protection, and the production of new, more sustainable, and healthier ingredients, among other areas.

  • Agreen Biosolutions: a startup that proposes an innovative and efficient solution for the protection and nutrition of crops based on ozonated oils thanks to which it is not necessary to resort to chemical phytosanitary products.
  • Agreenet: an innovative startup that produces biomaterials and functional materials for the preservation and packaging of fresh foods. Their solution is Pìfresc, a small seal made from a plant-based biopolymer and designed to reduce the development of microorganisms in packaged fresh products, increasing their shelf life.
  • Hypesound: this startup has developed So’ Sweep, a technology that seeks to revolutionize the fermentation market using low-frequency sound waves that increase the reproduction of microorganisms by up to 300%.
  • Foreverland: this startup has developed Freecao, a new ingredient derived from carob, which reduces CO2 emissions by 80% and water consumption by 90% compared to cocoa production. In addition, it has 50% less sugar, making it a healthier option.
  • Néboda: an innovative startup that has developed a revolutionary automation technology that, applied to the vertical farming technique, allows the development of a high-density, low-cost cultivation system, maintaining high-quality standards and avoiding possible contamination.
  • Mmmico: a startup that has adopted a highly scientific approach, combining techniques such as fermentation, directed evolution, and artificial intelligence, to develop new natural ingredients that replace their synthetic analogs in record time and cost.
  • Regrowth: an innovative startup that develops cutting-edge Precision Livestock Farming (PLF) solutions to provide farmers with the necessary tools to improve their production, making it sustainable and efficient.
  • Soonapse: a startup that has developed Ploovium®, a patented AI solution for irrigation and water stress management, which provides a 5-day forecast of the water stress level of soils, crops, and the environment, with greater than 99% accuracy. 
  • Trusty: a startup specialized in blockchain-based traceability solutions for the agri-food sector, and specifically, for the cocoa industry. Its platform not only allows transparent transactions between responsible producers and the industry but also offers microfinancing opportunities.

Chocolate alternatives are emerging as a disruptive force due to increasing ethical and environmental concerns. The conventional chocolate industry, known for labor issues and deforestation, sees 1.56 million children engaged in cocoa farming, often under exploitative conditions in the countries that produce nearly 60% of the world’s cocoa each year: Ghana and Cote d’Ivoire, according to the U.S. Department of Labor. The environmental toll is equally alarming, with cocoa production contributing to vast deforestation, threatening biodiversity, and exacerbating climate change. The chocolate industry’s carbon footprint urges a reevaluation of people’s chocolate-eating habits.

In response, consumers are embracing chocolate alternatives that sidestep these ethical and environmental pitfalls. As the global demand for dairy-free and plant-based options surges, the market for chocolate alternatives is projected to hit $2 billion by 2032, growing at a CAGR of 13.1% from 2023 to 2032, according to Allied Market Research. This shift signifies a growing awareness among consumers, spurring the industry to prioritize sustainable practices and redefine the sweet success of chocolate. Here, we present five startups taking strides in sustainability, ethical practices, and authenticity by creating a unique product: chocolate-free chocolate.

 

Foreverland

Foreverland 🇮🇹, based in Southern Italy, is disrupting the chocolate industry with its innovative cocoa-free alternative called Freecao. Developed by a team with experience in multinational corporations and the food industry, Foreverland aims to address the environmental and ethical challenges associated with cocoa production. Freecao is made from a base of carob, a native Mediterranean legume known for its nutritional benefits. The chocolate is free from the nine major allergens, contains 25-50% less sugar than traditional milk chocolate, and focuses on sustainability and the well-being of people. Foreverland plans to scale its production, emphasizing local sourcing and a horizontal product portfolio that extends beyond chocolate, working on a Freecao Spread. The startup has already tested its chocolate with industry players in Italy and it envisions becoming a strategic supplier of cocoa-free chocolate for major confectionery companies globally, emphasizing its commitment to a better-for-the-planet and better-for-people chocolate revolution.

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Wnwn

WNWN Food Labs 🇬🇧, a London-based food tech company, has introduced vegan and cocoa-free chocolate bars that replicate popular brands such as Cadbury, Tony’s Chocolonely, and Terry’s. The Win-Win bars, are now available for shipping in the UK, and come in three variants—Choc Nut, Choc Orange, and Vegan M*lk Choc. WNWN claims to have used “cutting-edge science” to convert vegetable fat, carob, oats, and barley into its cocoa-free chocolate alternative. The bars are palm oil-free, packaged in compostable wrappers and cardboard sleeves, and aim to offer an ethical, sustainable, and cocoa-free twist to classic chocolate bars.

planet foods

Planet a Food

Planet A Foods 🇩🇪 is a German startup revolutionizing the future of food through its proprietary technology that involves fermenting plant-based ingredients. Their chocolate is 10x more sustainable and 20% cheaper than conventional chocolate. In order to mimic the organoleptic properties of chocolate, tender, and smooth, they are working on the flavor itself but also on replacing the cocoa butter. By utilizing precision fermentation, roasting, and local processing, the company transforms natural ingredients and by-products like oats into the base for various flavors, including their flagship product, ChoViva—a 100% cocoa-free chocolate. This innovative process reduces carbon emissions by 90% and offers a delicious aroma, luxurious snap, and a smooth texture. Planet A Foods aims to create food ingredients decoupled from unsustainable land and labor practices, building a platform for the future of sustainable and ethical food production. Founded in 2021 by Sara and Max, Planet A Foods is on a mission to reduce the carbon footprint while delivering delightful and sustainable culinary experiences.

california Cultured

California cultured

California Cultured 🇺🇸is a Californian Startup based in Davis with a team of chocolate and coffee enthusiasts committed to transforming the industry for the better. Recognizing the environmental and ethical issues in traditional chocolate production, they are using plant cell culture technology in cellular agriculture to create cocoa and coffee with identical qualities to conventional products. By selecting optimal cacao and coffee varieties, nurturing cells, and mimicking rainforest conditions, they produce sustainable alternatives free from deforestation and child labor. California Cultured invites people to join them in embracing a new era of environmentally friendly and delicious chocolate and coffee.

trusty

Trusty

Trusty 🇮🇹, an innovative Italian startup founded in 2022, specializes in blockchain-based end-to-end traceability solutions tailored for the agri-food sector. This platform, in development since 2020, currently benefits over 70 Italian companies. Trusty has acquired extensive expertise in the chocolate industry, having implemented their platform in three major industries. This implementation facilitates the tracking of over one hundred cooperatives and more than fifteen thousand farmers across seven countries.
Leveraging this experience, Trusty is now revolutionizing the cocoa industry. They’ve launched a blockchain-enabled marketplace, which adheres to both the European Union Data Regulation (EUDR) and the Corporate Sustainability Due Diligence (CSDD). This marketplace is designed to promote ethical sourcing of high-quality cocoa by fostering direct connections between responsible producers and the industry. Trusty’s platform not only enables transparent trade but also provides micro-financing opportunities. This initiative is pivotal in creating a more sustainable and equitable cocoa supply chain, ultimately benefiting cocoa farmers and the industry alike.

To sum up, in response to increasing ethical and environmental concerns in the conventional chocolate industry, a new era of chocolate alternatives is emerging. The traditional chocolate industry is under scrutiny for labor issues and deforestation, prompting a shift towards sustainable practices. Consumers are actively seeking dairy-free and plant-based options, driving the chocolate alternatives market to a projected $2 billion by 2032. This shift reflects a growing awareness among consumers, urging the industry to prioritize sustainability and redefine the concept of chocolate success. Five startups are leading this transformation, each contributing unique solutions to the ethical and environmental challenges associated with cocoa production. Foreverland, WNWN, Planet A Foods, California Cultured, and Trusty are at the forefront of this movement, introducing innovative cocoa-free alternatives, leveraging plant cell culture technology, and implementing blockchain for transparent supply chains. These startups collectively represent a significant step towards a more sustainable, ethical, and authentic chocolate industry.

Food safety is a critical aspect of the food industry, encompassing measures taken to ensure that food products are safe for consumption. It involves monitoring, handling, and storing food in a way that prevents contamination and minimizes the risk of foodborne illnesses. In today’s world, technology plays a crucial role in revolutionizing food safety practices. Several startups are at the forefront of this transformation, utilizing innovative technologies to enhance food safety across various domains.

This article explores startups in the realm of food safety. It delves into the core principles of food safety and how they apply to different facets of the food industry, from production and processing to packaging and distribution. These startups are not just shaping the future of food; they are safeguarding it, one technological breakthrough at a time. 

 

Agree Net
Agree Net

Agree NET 🇮🇹 is an Italian startup dedicated to advancing food safety in the realm of fruit and vegetable packing. Their focus lies in developing innovative, bio-based, and biodegradable materials for food packaging, revolutionizing the way of store and transport fresh produce. By utilizing by-products of agriculture, we craft sustainable materials that extend the shelf life of fruits and vegetables, reducing food waste and the reliance on disposable plastics. Their flagship products, Ally and ActivePack, are tailored solutions that significantly increase shelf life, promoting eco-friendliness and compliance with international sustainability standards.

 

Agnext

AgNext

AgNext 🇮🇳 harnesses technology to ensure food safety from the beginning: the farm. It is a fast-growing AgTech company that aims to solve quality and trust in food value chains by making them safer, transparent, and fairer. With the digitalization of food quality assessment as its core focus, it offers a uniquely integrated, AI-driven SaaS platform to agribusinesses for automated and instant food quality results. AgNext is bringing trust, speed & transparency to the agriculture value chain using AI-based food assessment technologies.

 

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Oscillum

Oscillum 🇪🇸 is a Spanish startup that plays a pivotal role in ensuring food safety with its cutting-edge smart labeling solutions. These labels not only provide real-time monitoring for quality control but also help optimize logistics and reduce wastage in the food supply chain. By allowing producers to recirculate products efficiently and maintain stringent quality standards, Oscillum significantly contributes to enhancing food safety. This technology is adaptable and extends its impact beyond the food industry, making it a powerful tool for ensuring the safety and quality of various consumer products.

 

prevera

Prevera

Prevera 🇮🇱 is an Israeli startup on a mission to transform food safety into an asset. They’re combatting the challenges in the food industry, where harmful preservatives and ineffective methods compromise safety and shelf-life. Their innovative solution uses Food Protection Proteins, inspired by natural antimicrobial proteins, to enhance food safety. Prevera’s unique mixture of natural essential amino acids forms a powerful antimicrobial protein that protects food from relevant pathogens. When digested, the Prevera protein is broken back into original natural essential amino acids that provide essential nutrients while affecting our microbiome. By replacing harmful preservatives, their approach not only ensures safety but also significantly reduces food waste.

 

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TAG ONE

TAG ONE 🇺🇸 is a groundbreaking Traceability Management System delivering comprehensive transparency to the food and natural products supply chain, from seed to sale. It specializes in blockchain-based traceability solutions, bolstering transparency throughout the food supply chain. By enhancing traceability, TAG ONE ensures that food safety incidents can be swiftly identified and addressed, reducing risks for all stakeholders.

 

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Bio2coat

Bio2coat, 🇪🇸 an alumnus of  Spain FoodTech, Eatable Adventures accelerator, focuses on enhancing food safety through innovative packaging solutions. They develop biopolymer coatings and films that act as barriers against contaminants, extending the shelf life of products and minimizing food waste. These sustainable packaging innovations contribute to safer food storage and transportation. Their products are 100% natural, reduce plastic consumption, and fight waste. 

 

To sum up, through innovation, technology, and collaboration, these companies are making strides toward a safer and more secure food ecosystem. Their contributions span pathogen detection, packaging solutions, crop management, freshness preservation, and transparent supply chains, ultimately safeguarding the well-being of consumers and the integrity of the global food industry.