Public investment in open-access research and development is of singular value to the advancement of the alternative proteins industry. There are signs that the federal government is stepping up.
Some animals in the barnyard are more equal than others, Orwell wrote. The same could be said for money invested in the alternative proteins sector.
The overall alternative protein industry drew $3.1 billion in venture capital investment in 2020, more than triple any previous year to date, the Good Food Institute (GFI) has reported.
Using PitchBook data, GFI’s calculation includes investments in any companies creating alternatives to animal-based foods, including those making cultivated meat, which raised more than $360 million; fermentation processes, which saw $590 million; and plant-based meat, egg and…
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