Meat

Dutch cultured meat maker Meatable announced its a appointed beef industry executive as its CEO to lead the food tech outfit into a role partnering with established meat companies.

Beyond Meat has settled a lawsuit, filed by a group of its stockholders in March 2020 alleging the company’s senior management team, including co-founder and CEO Ethan Brown, former executive chairman Seth Goldman and former CFO Mark Nelson, “breached their fiduciary duties.” The litigation was a derivative action related to an ongoing legal dispute brought against the company by its former co-packer, Don Lee Farms.

Though the paleo diet has gained traction in categories such as sauces and snacks, there’s still space for convenient, clean meal options. Kevin’s Natural Foods wants to help fill that need to via a line of ready-to-eat, refrigerated paleo meals.

While production issues currently plague the meat industry, plant-based meat companies are growing. In their respective quarterly earnings calls this week, executives from meat company Tyson and plant-based brand Beyond Meat discussed powering through a pandemic — and trying to develop future strategies despite looming uncertainty.

Last week Rep. Anthony Brindisi (D-NY) and Rep. Roger Marshall (R-KS.) proposed the Real Marketing Edible Artificials Truthfully Act (Real MEAT Act) to Congress, which would establish strict guidelines against labeling alternative proteins as “meat.” Although the meat versus plant-based battle isn’t new, up until now, legal action on the matter has happened only at the state level — this is the first federal bill addressing the subject.

Future Meat Technologies (FMT) announced today that it closed a $2.2 round of funding, co-lead by Tyson Ventures, the investment arm of CPG giant Tyson Foods.

Through a partnership with Strauss Food, the functional fitness company is launching a “CrossFit approved” grass fed beef and free range chicken subscription box, and soon after, a line of jerky.

Hampton Creek CEO Joshua Tetrick spoke with NOSH about recent changes, including what he hopes his two newly named board members will bring to the table, why he’s looking beyond plants to meat and how licensing will play a role in the company’s future.