Colorado-based MycoTechnology has completed Series E round of funding, securing $85 million at this time. Since establishment in 2013, the company has received at least $200 million from a variety of investors. MycoTechnology will use the funding injection to further develop its proprietary fermentation platform that aims to harness the natural power of mushroom mycelia. Mycelia is considered the invisible root system of mushrooms. They aim to bring positive impact to food and nutrition … [Read more...] about MycoTechnology secures funding to boost mushroom-based ingredients
functional ingredients
Kerry finishes acquisition of botanical extract company Natreon
To further expand its line of science-backed natural ingredients, Kerry has announced the completion of its acquisition of Natreon. The latter, a U.S.-based company, is a supplier of Ayurvedic botanical ingredients. These extracts, mainly utilised for the dietary supplement and functional food and beverage industries, are backed by 52 clinical studies. These are also protected by U.S. and foreign patents. Netreon’s portfolio includes the following: Sensoril® – Ashwagandha extract for … [Read more...] about Kerry finishes acquisition of botanical extract company Natreon
Capsoil FoodTech platform converts oil to water-soluble powder
Capsoil FoodTech, established by natural fruit extracts and concentrates supplier Prodalim Group, is introducing a breakthrough in the functional food and beverage space. Its proprietary technology can process bioactive oil compounds into self-emulsifying powders. This allows manufacturers to easily integrate nutritional oils, lipid-based nutrients and fat-soluble vitamins into their own product portfolios. This particular process doesn’t involve extraction, solvent or heat and doesn’t … [Read more...] about Capsoil FoodTech platform converts oil to water-soluble powder