Milltrust Ventures and Earth First Food Ventures are set to launch a new $300m (£242m) Smart Protein Fund tomorrow to back alternative proteins and decarbonise the food industry, City A.M. can reveal. Over $600m was invested in total in the cultivated meat sector last year, and the alternative protein market, which includes imitation meats made from plants, fungus and meat grown in a lab, is only set to grow as consumers are predicted to move away from eating meat for environmental reasons. The new fund aims to “disrupt”…
