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☆ Impossible Foods' new CEO is pining for a Super Bowl ad and status as a household name. First, he'll have to win over employees.
▼ + stars: | 2022-10-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +10 min

Peter McGuinness, Impossible Foods' new CEO, has said he wants a Super Bowl ad. "He's said 'Super Bowl ad' at least a thousand times," a current marketing employee said. But Super Bowl spots cost several million dollars each, putting them out of reach for Impossible, the employee said. Insider spoke with five current and former Impossible Foods employees about McGuinness' and Brown's leadership and the future of the company. Impossible Foods meatballs Impossible FoodsFrom R&D to marketingUnder Brown, Impossible was a company focused on research and development.

☆ Beyond Meat executive who allegedly bit a man’s nose will leave the company
▼ + stars: | 2022-10-14 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +2 min

New York CNNBusiness —Beyond Meat Chief Operating Officer Doug Ramsey is leaving the company after his recent arrest for assault. Ramsey was arrested last month on on charges of “terroristic threatening” and third-degree battery after he allegedly bit a man’s nose following a Arkansas football game. In a SEC filing, the company announced Ramsey’s departure, noting Friday will be his last day of employment. Ramsey joined Beyond Meat in December last year, pivoting from a three-decade career at Tyson Foods (TSN). Beyond Meat had been a market leader in the plant-based meat space, alongside rival Impossible Foods.

☆ Silicon Valley's not-so-secret thing for turning everyone into millionaires is angel investing. Here's how they do it.
▼ + stars: | 2022-10-11 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +10 min

Once only for the superrich, angel investing is now open to anyone with a few thousand dollars. With an estimated 360,000 active angel investors, it's become a favorite pastime in Silicon Valley. "It felt like gambling," David Spreng, a veteran venture-debt investor who's been angel investing as a side hustle for more than a decade, said. He wrote his first angel check shortly thereafter, a $1,000 investment in an electric-aircraft maker. The currency of Silicon Valley"Your currency, for lack of a better term, in Silicon Valley is you either started a company or you angel invest, right?"

☆ Is Beyond Meat beyond saving?
▼ + stars: | 2022-09-28 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

Companies like Beyond Meat, rival Impossible and plant-based milk producer Oatly are still doing big deals with supermarket chains and restaurants to get their products on store shelves and menus. But in the company’s most recent earnings call, Beyond Meat CEO Ethan Brown conceded that the company (and the industry) faces challenges. Inflation is a problem for plant-based food biz too“We went from a pandemic into record inflation,” Brown said. “After years of growth, plant-based meat sales in the United States are stagnating,” said consulting firm Deloitte in a recent report. So there is nothing fake about Wall Street’s concerns regarding the big drop in demand for “fake” meat and milk.

☆ Leaked email: Impossible Foods founder Pat Brown stepping down from c-suite role to lead new research arm as executive shake-up continues at the plant-based meat maker
▼ + stars: | 2022-09-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Impossible Foods founder Pat Brown is stepping down as chief science officer. He'll lead Impossible Labs, a new arm of the plant-based meat company focused on research. Pat Brown is moving into a new role at Impossible Foods, the company he founded and used to helm as CEO, for the second time this year. In an email, an Impossible Foods spokesperson confirmed Brown's new role and said it was a planned leadership change. In the meantime, three other research and development executives will report directly to McGuinness: Rachel Fraser, vice president of downstream process development; Sergey Solomatin, vice president of research, materials, and texture; and Celeste Holz-Schietinger, vice president of product innovation.

☆ Beyond Meat executive arrested on suspicion of biting a man’s nose
▼ + stars: | 2022-09-20 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

New York CNN Business —The chief operating officer of vegan food purveyor Beyond Meat was arrested over the weekend after allegedly biting a man’s nose during a fight following an Arkansas football game. Police arrested company COO Doug Ramsey on charges of terroristic threatening and third-degree battery on Saturday. Ramsey joined Beyond Meat in December last year, pivoting from a three-decade career at Tyson Foods. Beyond Meat had been a market leader in the plant-based meat space, alongside rival Impossible Foods. The price of Beyond’s “beef” sells for $8.35 a pound, compared with USDA ground beef, which sells for $4.90.

On the farm, artificial intelligence, robots, and smart sensors do the farming. The 1,900-hectare farm will demonstrate how tech can make the industry more productive and efficient. Hands-free farming, the future of farming is nighThe automated farm spans 1,900 hectares and could set a precedent for what robotics and AI have to offer for "hands-free" farming. The hope is that artificial intelligence will improve decision-making around planting, conditioning, and harvesting. The farm is already operating at a commercial level, and early trials will keep it running at night while farmers sleep.

☆ Prima ţară din lume care aprobă vânzarea de carne crescută în laborator
▼ + stars: | 2020-12-02 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Cererea pentru alternative la carnea obişnuită este în creştere pe fondul îngrijorărilor consumatorilor cu privire la starea de sănătate, bunăstarea animalelor şi mediul înconjurător. Mai multe opţiuni de carne produsă din proteine pe bază de plante, promovate pentru prima dată de firmele Beyond Meat Inc şi Impossible Foods, sunt disponibile pe rafturile supermarketurilor şi în meniurile restaurantelor. Însă aşa-numita "carne curată", care este produsă din celule crescute în laborator, este încă într-un stadiu incipient. Potrivit companiei americane, carnea va fi vândută sub formă de nuggets de pui, urmând ca detaliile cu privire la lansarea produsului să fie anunţate la o dată ulterioară. Anterior însă firma a estimat că fiecare nugget va costa 50 de dolari.

Persons: Eat Just Organizations: Reuters Locations: Singapore

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