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Food & Beverage

Thailand's Betagro invests in German fungi-based meat startup

Food group takes aim at Asia's growing market for alternative protein

German alternative meat startup Infinite Roots received an investment from Thailand's Betagro Group. (Screenshot of Infinite Roots' website)

BANGKOK -- Thailand's Betagro Group is expanding its appetite for alternative meat with an investment in German startup Infinite Roots, which is developing a protein derived from fungi.

Betagro joined a recent $58 million investment round along with players such as German retailer REWE Group to fund research and development.

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