Last year was groundbreaking for plant-based food, and we’re also on the cusp of making secure, sustainable, and cultivated meat a reality. Despite Covid-19, this year’s been no pushover either. The amount of money raised in Q1 2020 ($930 million) was more than what was invested in the smart protein sector in all of 2019 ($824 million). But much of this progress is centred in the U.S. While the Indian and larger Asian market has gained momentum, we still have some catching up to do. On the second episode of Season 2 of Feeding 10 Billion, we are talking to Andrew Ive, Managing General Partner, and Founder of Big Idea Ventures (BIV), a venture capital firm supporting entrepreneurs to solve the world's biggest challenges. Mumbai-based plant-based egg company Evo Foods was chosen to be a part of their accelerator in their recent cohort. Swiss food processing giant Bühler and BIV also announced a partnership to accelerate plant-based startups’ journeys to deliver animal-free protein alternatives. In this episode, find out why investors like BIV are bullish about India’s role in the global smart protein sector.
NOTES:
Companies Mentioned:
Bibliography:
Asia’s First: India Plant-Based Egg Startup Evo Foods Announces Angel Investment, Green Queen Media (Also covered by YourStory)
Bühler & Big Idea Ventures Partner To Champion Asia Plant-Based Protein Revolution, Green Queen Media
AAK collaborates with the Good Food Institute India driving innovation within plant-based foods, AAK
Further Reading Material:
GFI’s State of the Industry Reports for Plant-Based Meat, Eggs, and Dairy; Cultivated Meat. Coming soon: Fermentation.
BIV is featured in the list of 100 of Asia’s top protein disruptors launched by GFI APAC: Asia ALT100
If you are an innovator interested in joining the smart protein sector, connect with our GFIdeas India Smart Protein Innovation Community on LinkedIn.
See omnystudio.com/listener for privacy information.