3D PRINTING TECHNOLOGY FOR FOOD TO SCALE-UP

Steakholder Foods Ltd, an international deep-tech food company at the forefront of the cultivated meat industry, announced that it has entered into a Memorandum of Agreement for Strategic Cooperation (MOA) with an accredited GCC-based governmental body as Steakholder Foods' strategic partner to advance food security efforts through the application of Steakholder Foods' groundbreaking 3D printing technology.

The Business New Zealand Energy Council Outlines Areas Of Concern

Commencing with an investment by the strategic partner in constructing a pilot plant to produce printed hybrid-fish products, the MOA eventually aims to create a first-of-its-kind large-scale production facility in the Persian Gulf region. The agreement foresees a material initial down payment to Stakeholder Foods to procure its 3D-printer technologies, followed by a milestone-based sales and procurement plan for industrial-scale output.

The MOA intends to contribute to the scalability of Stakeholder Foods'

3D-printed food technology in the Gulf Cooperation Council ("GCC") territories, representing the economic union between Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.

The collaboration between the partners will leverage Steakholder Foods' expertise in providing mature Ready-to-Cook (RTC) 3D printer technologies and customised bio-inks, tailored to produce a wide range of species-specific cultivated fish and meat products, as well as vegetable-based products.

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Indoor Farming Business Looking To Raise New Capital

26 Seasons, a company specialising in off-season premium strawberry production through its Controlled Environment Agriculture (CEA) indoor farm, is seeking to raise $1.5 million in new capital (with the ability to take up to a further $3m in oversubscriptions) through online investment platform, Snowball Effect.

Supplier A-Z

This will complete its Series A funding round, adding to the $3.55 million (made up of $1.55m equity and $2m debt from the regional economic development and investment unit, Kānoa) the local agritech company has already secured as part of this round. Read more here

The Rise Of Packaging Automation

According to Future Market Insights, the global packaging automation market will experience significant growth over the next decade.

The packaging automation market currently holds a value of USD 74.53 billion in 2023, and it is expected to register a compound annual growth rate of 8.05 percent over the forecast period, By 2033, the demand over this forecast period will have driven the value of the Packaging Automation market to reach a value projected at USD 161.66 Billion.

This value increase can be attributed to the market's broad reach and automation increase across multiple sectors, including food and beverage, pharmaceuticals, and personal care.

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Advancing The Food Science System

The Institute of Food Technologists (IFT), a nonprofit scientific organisation committed to advancing the science of food and its application across the global food system, has launched two product development platforms that address the challenges, resource shortages, and learning gaps that exist in the product development process in the food and beverage industry.

The Product Development

Bootcamp is designed to equip product developers with the skills and knowledge to overcome challenges and bring products to market more efficiently. At the same time, Concierge Service supports food and beverage professionals who might be lacking the bandwidth to conduct critical research and other time-intensive activities necessary in the product development process.

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Teaming Up For Biological Solutions

Corteva Agriscience and Bioceres Crop Solutions Corp announced that they have entered into an exclusive agreement to advance the availability of biological solutions in Europe.

Under the agreement, Corteva Agriscience and Bioceres Crop Solutions will work jointly to accelerate the regulatory processes required to bring a cutting-edge bioinsecticide developed by Bioceres’ subsidiary Pro Farm to the European market.

The product is an

Promoting Regenarative Farming

ADM, a global leader in sustainable agriculture supply chains, is launching a significant expansion of its re:generations regenerative agriculture program, ensuring more North American producers can earn additional income while positively impacting the environment and their soil’s health.

After successfully enrolling more than one million acres in 2022, ADM continues investing in expanding re:generations to cover two million acres in 2023. It is reaching a goal of four million acres globally by 2025.

“With a value chain that stretches from more than 200,000 producers to downstream customers spanning food, feed, fuel, industrial and consumer products, ADM has an unparalleled ability to scale regenerative agriculture practices around the globe,” said Paul Scheetz, director of Climate Smart Ag Origination at ADM.

“We’re proud of our groundbreaking work to support regenerative agriculture efforts, which was recognised with a grant from the USA Department of Agriculture through which we’ll direct more funding directly to producers.”

Scheetz knows producers have always been stewards of the land and that this is their lifeblood, which is why ADM is excited extremely viable biological insecticide that can be as effective as conventional insecticides and is a good fit for mainstream agriculture, with target crops including corn and other cereals and sunflower and rape seeds.

Once registrations are secured, Corteva Agriscience will be the exclusive distributor in Europe through their Seed Applied Technologies team. It will also treat its Pioneer brand seed products with the technology.

Read more here to continue to invest in expanding its unique array of re:generations of benefits to bring even more of them into the program.

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