Happiness Capital News
13 articles
growth-positive
Lee Kum Kee family office spreads VC bets in food, tech | Alternatives | AsianInvestor
Hong Kong food giant Lee Kum Kee Groups family office, Happiness Capital, is investing in companies that have synergies with the family business and also technologies that are completely unrelated to it. Happiness Capital, a single-family office, invests in start-ups and venture capital funds across various verticals, including food, space sustainability, healthcare, environment, and climate change. The family office has a long-term vision and aims to make the world a healthier place. It has a significant portfolio of investments related to alternative protein and sustainable food systems. Happiness Capital has recently invested in ClearSpace, a Swiss space debris removal company. The article also mentions the growth potential of the space industry, which Citigroup predicts could be worth $1 trillion in revenue annually by 2040.
Investment
growth-positive
Redefine Meat raises $29m to bring 3D printed meat to market
Redefine Meat has raised $29m in a series A funding round to bring its 3D printed meat substitutes to a wider commercial market. The funding will be used to expand Redefine Meats portfolio and support its commercial launch and international growth in 2021. The company aims to become the worlds biggest alternative meat company by 2030.
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growth-positive
3D printed steak co Redefine Meat raises $29m
Israeli 3D-printed plant-based steak developer Redefine Meat has completed a $29 million Series A financing round. The funds will allow the company to launch its products on international markets and set up a production plant in Israel. Redefine Meat aims to become the worlds largest meat alternatives company by 2030. The companys products have received positive feedback in blind tastings and have regulatory approval for marketing in Israel and Singapore. Redefine Meat recently signed a deal with Israeli meat distributor Best Meister.
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growth-positive
Redefine Meat raises $29 million to support the commercial launch of its 3D printed meat substitute Ctech
Israeli startup Redefine Meat has completed a $29 million series A funding round led by Happiness Capital and Hanaco Ventures. The funding will be used to expand the companys meat portfolio and support its commercial launch and international growth in 2021. Redefine Meat uses 3D-printing technology to create animal-free meat substitutes that replicate the texture, flavor, and eating experience of beef and other high-value meat products. The company aims to become the worlds biggest alternative meat company by 2030. Redefine Meat also announced a strategic agreement with Israeli meat distributor Best Meister, following a successful blind-tasting of its alternative meat products.
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growth-positive
Redefine Meat raises $29M in bid to become world's largest alt-meat company by 2030
Redefine Meat, a food 3D printing firm, has raised $29 million in Series A funding to support its commercial launch and expand its alt-meat portfolio. The funding round was led by Happiness Capital and Hanaco Ventures, with participation from CPT Capital and other investment firms. Redefine Meat uses 3D printing to produce plant-based meat alternatives that mimic the appearance, texture, and flavor of roasted meats and steak. The company plans to become the worlds biggest alternative meat company by 2030. Redefine Meat recently completed a successful blind-tasting and entered into a strategic partnership with Best Meister to distribute its alt-meat products commercially. The company is scaling up for commercialization and aims to deploy industrial 3D alt-meat printers within various meat distributors later this year. The investors believe Redefine Meats technology can have a meaningful impact on global meat consumption.
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growth-positive
Redefine Meat is moving plant-based proteins from patties to steaks
Israeli startup Redefine Meat has raised $29 million in financing from Happiness Capital and Hanaco Ventures. The company has developed a manufacturing process to make plant-based proteins that resemble choice cuts of beef. Redefine Meat aims to have a large-scale production facility for its 3D printers online before the end of the year. The funding will be used to expand its portfolio and support the commercial launch of its products. Redefine Meat has also formed a strategic agreement with Israeli distributor Best Meister and plans to deploy industrial 3D Alt-Meat printers within meat distributors later this year.
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growth-positive
Redirect Notice
Israeli start-up Redefine Meat plans to launch its 3D-printed meat substitutes globally after raising $29 million in a funding round. The investment will allow the company to set up a large-scale pilot line and roll out industrial 3D meat substitute printers to distributors. Redefine Meat aims to partner with meat distributors worldwide and has already teamed up with Israeli meat distributor Best Meister. The company plans to enter Europe, starting with Germany and Switzerland, followed by Asia and North America later this year.
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growth-positive
Redefine Meat Raises a $29M Series A Round for its 3D-Printed Plant-Based Meats
Israeli plant-based meat startup Redefine Meat has raised $29 million in a Series A funding round, bringing its total funding to $35 million. The company uses 3D-printing technology and proprietary ingredients to create plant-based meat that mimics animal-based meat. Redefine Meat has achieved high-production capabilities and plans to complete a large-scale production facility later this year. The company has also partnered with Israeli meat distributor Best Meister to bring its products to market in Israel. The funding will be used to expand Redefine Meats meat portfolio, support its commercial launch, and drive international growth.
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growth-positive
Redefine Meat raises $29 million
Redefine Meat, a company that creates animal-free meat using 3D printers, has raised $29 million in a Series A funding round. The funds will be used to construct a large-scale pilot line and launch products in Europe, as well as support expansion in North America and Asia. Redefine Meat recently entered into a strategic agreement with Best Meister, an Israeli premium meat distributor, to distribute their alternative meat products commercially. The company aims to become the worlds biggest alternative meat company by 2030. The Series A funding round was led by Happiness Capital and Hanaco Ventures, with participation from other investors.
InvestmentPartners
growth-positive
Redefine Meat raises $29 million to finance rollout of 3D-printed meat substitute
Israeli start-up Redefine Meat plans to launch its 3D-printed meat substitutes globally after raising $29 million in a funding round. The investment will allow the company to set up a large-scale pilot line and roll out industrial 3D meat substitute printers to distributors. The company aims to partner with meat distributors worldwide to reach customers. Redefine Meat has already partnered with Israeli meat distributor Best Meister for distribution in Israel and plans to expand to Europe, Asia, and North America. The growing demand for plant-based meat alternatives is driven by consumers looking to reduce their meat intake for health, animal welfare, and environmental reasons.
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growth-positive
https://www.bloomberg.com/news/articles/2021-02-16/fake-meat-moves-beyond-burgers-with-money-for-printing-steaks
Israels Redefine Meat has raised $29 million in funding to build a large-scale pilot factory and begin sales of its 3D-printed facsimiles of beef cuts. The company is targeting steak houses and restaurants in Israel, Europe, and Asia.
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growth-positive
Better Dairy picks up £1.6M seed funding to produce animal-free dairy
Better Dairy, a U.K. startup developing animal-free dairy, has raised £1.6 million in seed funding. The company is using technology to create dairy products that are molecularly identical to traditional dairy without using animals. The funding will be used to accelerate R&D efforts and commercialize products by early 2022. Better Dairy aims to disrupt the unsustainable dairy market and address the limitations of plant-based alternatives. The company is using yeast fermentation to produce dairy products and plans to target the entire dairy supply chain. The investors in this funding round include Happiness Capital, CPT Capital, Stray Dog Capital, Veg Capital, and angel investors.
Investment
growth-positive
Green Monday a platform of plant-based lifestyle - Green Monday
Green Monday is a social venture platform that encourages the public to adopt a plant-based diet at least one day a week. The company aims to combat climate change, food insecurity, public health crises, planetary devastation, and animal suffering. It uses advocacy, business, food tech, and investment arms to engage society in living a sustainable lifestyle.
