bigideaventures
  • Accelerator
  • Funds
  • Portfolio
  • Team
  • Events
  • Media
  • Careers
  • Contact
  • Apply
Select Page

AAK invests in start-up fund to advance sustainable proteins

by admin | Mar 16, 2021 | Press

AAK will invest in Big Idea Ventures’ (BIV) New Protein Fund to support start-ups developing alternative protein products.

AAK will provide ingredient expertise to emerging players within the plant- and cell-based meat, seafood, and dairy products arena to develop solutions to feed the world’s growing population.

The investment will also create collaboration opportunities with recognized players in the food industry, searching for more sustainable protein sources.

AAK’s investment as a corporate partner will allow the New Protein Fund to strengthen its reach in both Europe and Asia, explains Andrew Ive, founder and general managing partner of BIV.

The investment in the fund has no material impact on AAK’s earnings.

Advancing alternative categories 
Partnering with BIV will give AAK an additional platform to support the fast-growing categories of meat and dairy alternatives.

Johan Westman, president and CEO at AAK Group adds: “AAK gets closer to prospering early-stage businesses who are active within one of our key growth segments.”

“We will also be able to collaborate with other fund partners and investors, including some of the most important industry front-runners in the world,” he highlights.

The New Protein Fund will support emerging ventures developing both plant- and cell-based proteins.Furthering its investment in “future food” AAK joined the MISTA innovation platform in San Francisco, US, last year.

In addition, AAK recently announced the establishment of a Plant-based Foods Global Center of Excellence in the Netherlands, set to be operational later this year.

Sustain domain
AAK’s investment in proteins comes days after announcing a global satellite monitoring program to support zero-deforestation.

The moves represent the company’s focus on sustainable actions, an important trend that has been growing for years, as highlighted in Innova Market Insights’ third Top Trend for 2020: Sustain Domain.

“Driven by an increased focus on health, well-being, sustainability and climate concerns among many consumers, the long-term outlook for meat and dairy alternatives is very strong”, says Niall Sands, president of plant-based foods at AAK.

“By investing in BIV’s New Protein Fund I, we continue to demonstrate our commitment to future food innovation.”

Food industry steps up
Big players are investing more heavily in plant-based and sustainable proteins, as illustrated in Beyond Meat and PepsiCo’s PLANeT Partnership. 

Nestlé has also made significant strides in advancing plant-based products with the launch of Vuna, a plant-based tuna alternative, last August.

The Swiss food giant has also committed to zero emissions by 2050 with moves such as switching to 100 percent recyclable packaging by 2025.

Recent Posts

  • Jellatech Debuts Cell-Based Human Collagen As Investigation Links Industry to Deforestation
  • BIV Named #1 Agri Food Tech Investor Globally in AgFunder Investment Report
  • Nanocellulose Material, Our Petroleum-based Packaging Savior?
  • Why Female Representation & Diversity in Food Tech is Essential
  • Big Idea Ventures Announces Follow On Investment in Vacka

Categories

  • Blog
  • Podcast
  • Portfolio
  • Press
  • Research Paper
  • Uncategorized
Apply to join our New Protein Fund accelerator program

.

Apply to join a GFRP NewCo Management team
  • Contact
  • Funds
  • Investing
  • Partners
  • Portfolio
  • Media Kit
  • Research
  • Terms
  • Anti Spam
  • Copyright
  • DMCA
  • FTC
  • Privacy
  • Social Media
New York

88 Pine St., 14th Floor
New York, NY 10005

Singapore

28a Keong Saik Road,
SG 089135

Paris

Station F, 5 Parv. Alan Turing 75013 Paris, France 

Newsletter
Stay on top of our latest news.
Loading
Don’t worry, we won’t spam you.
© 2020 Big Idea Ventures. All Rights Reserved
  • Follow
  • Follow
  • Follow
  • Follow
 
Required 'Candidate' login to applying this job. Click here to logout And try again
 

Login to your account

  • Forgot Password?

Reset Password

  • Already have an account? Login

Enter the username or e-mail you used in your profile. A password reset link will be sent to you by email.

Close
 

Answers

 

Account Activation

Before you can login, you must active your account with the code sent to your email address. If you did not receive this email, please check your junk/spam folder. Click here to resend the activation email. If you entered an incorrect email address, you will need to re-register with the correct email address.