Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
(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 This material may not be published, broadcast, rewritten or redistributed.)