“European investment figures point to an evolving alternative protein sector,” Good Food Institute and Net Zero Insights: August 5, 2024.
Biomass fermentation is hot, if the latest numbers from Net Zero Insights are to be believed.
European alt-protein companies focused on biomass fermentation-enabled ingredients tracked by Net Zero Insights reported a substantial increase in funding during the first quarter of 2024 — bringing in €115 million.
Does this mean the alt-protein funding crunch is over in Europe? Not necessarily.
While investment in biomass fermentation has rebounded and then some — with 72% more funds committed in the…
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