News Summary: Startups take aim at eggs, chicken



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(AP) - EGG-TERNATIVES: Funded by prominent Silicon Valley investors and Microsoft founder Bill Gates, Hampton Creek Foods seeks to create plant-based alternatives to eggs, the production of which backers say wastes energy, pollutes the environment, causes disease outbreaks and confines chickens to tiny spaces.

KITCHEN TECH: The company, which just started selling its first product _ Just Mayo mayonnaise _ at Whole Foods Markets, is part of a new generation of food-tech ventures that aim to change the way we eat.

FOLLOW THE MONEY: Venture capital firms, which invest heavily in early-stage technology companies, poured nearly $350 million into food-related startups last year, compared with less than $50 million in 2008, according to CB Insights.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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