08 Aug 2022 --- 70/30 Food Tech, a Shanghai-based alternative protein firm, is introducing ready meal items based on its in-house biomass fermented protein. This protein is a meat substitute based on mycelium, which has the texture and nutritional profile of shredded chicken.The firm will be “the first” to introduce a mycelium protein product to the Chinese market, and it just closed an undisclosed angel round, led by global impact investor New Crop Capital.