Vegan BioTech Report – Edition 23 Jul 2025

This week saw significant investment in alternative protein, with Perfect Day securing major funding, alongside expansion in cultivated meat and the continued growth of mycelium materials in the fashion industry. These developments highlight the burgeoning potential and increasing market viability of vegan biotech solutions.

Top Stories This Week

• Perfect Day (Impact: 8) – 01 May 2025 – Perfect Day's impressive $100 million Series D funding round signifies a major step forward for precision fermentation dairy alternatives. Link
• MycoWorks (Impact: 7) – 15 May 2025 – MycoWorks is making waves in sustainable fashion, partnering with Adidas to integrate their innovative mycelium leather into a new shoe release. Link
• Eat Just (Impact: 7) – 10 Jul 2025 – Eat Just's GOOD Meat brand continues its global expansion, making cultivated meat more accessible to consumers worldwide. Link

The past week underscores the rapid advancements and growing investment within the vegan biotech sector. Looking ahead, we anticipate further breakthroughs in cultivated meat, precision fermentation, and sustainable materials, paving the way for a more ethical and environmentally friendly future.