Photo courtesy of GFI
Nearly as fast as investors dived into the food-tech pool, a significant number are finding the water too hot (or too cold) to stay submerged.
Alternative protein companies overall raised US$2.9 billion globally in 2022, a decrease of 42% from a record US$5.1 billion raised in 2021, according to a new analysis of Pitchbook data by the Good Food Institute.
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