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Dao Foods Announces Second Incubator Cohort, Including Cell-Cultured Lobster Startup

Updated: Sep 27, 2021

Originally published by Vegconomist

The Dao Foods Incubator has announced its second cohort of Chinese and China-focused alt-protein startups. It is the latest stage of the organisation’s plan to invest in 30 alt-protein venturesover the next three years.

In an interview with vegconomist last year, Dao Foods co-founder Albert Tseng said the company’s mission was to “introduce exciting new plant-based and alternative protein products in China to reduce the consumer demand for animal agriculture.” He said he hoped the incubator would help to build up the Chinese alt-protein industry.

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