It will also accelerate the R&D process for food companies, creating a new paradigm for the development of new food formats, according to McIntyre who has worked at PepsiCo and soy-based ingredient company Solae after an 11-year career as chief scientist of Monsanto’s protein technology department. Fonterra has spun off its food business into a start-up called Breakthrough Energy Ventures , which has raised $90 million in series A funding to develop alternative protein products for the plant-based and meat-free industry. Meanwhile, Motif will continue to use Ginkgo 's technology to design new cells for other foods. Investors in the funding round included Breakthrough Energy Ventures , Impossible Burgers , Ginkgo and Viking Global Investors .
Fonterra has spun off its food business into a start-up called Breakthrough Energy Ventures , which has raised $90 million in series A funding to develop alternative protein products for the plant-based and meat-free industry. Meanwhile, Motif will continue to use Ginkgo 's technology to design new cells for other foods. Investors in the funding round included Breakthrough Energy Ventures , Impossible Burgers , Ginkgo and Viking Global Investors .