Inghams invests $1 million into GLP-1-friendly Just Meat Protein

Inghams invests $1 million into GLP-1-friendly Just Meat Protein

Poultry-producing giant Inghams Group has made an investment of more than $1 million into Just Meat Protein following a seed funding round. This was the bulk of the total $1.8 million invested into the food technology company, which holds a globally exclusive licence for its “hydrolysed protein technology”. The technology can create allergen-free protein powder that is processed from the enzymes in red meat. It breaks proteins down into a smalle…

Inghams invests in food technology start up Just Meat Protein

Image: Madeleine Steinbach/stock.adobe.comInghams Group Limited has announced a seed stage equity investment of $1.05 million in Australian food technology company Just Meat Protein (JMP). JMP is commercialising a hydrolysed poultry protein technology developed by CSIRO, for which it holds an exclusive worldwide licence. Under the investment agreement, Inghams has acquired a 10 per cent shareholding in JMP, with Caroline Hayes, Inghams’ chief gr…