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Hampton Creek Foods, funded partly by Bill Gates, cracking artificial egg

Firm funded partly by Bill Gates has delivered first plant-based substitute, Just Mayo, to stores

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Some of the 1,500 plant seeds tested in the search for a plant-based substitute for eggs at Hampton Creek Foods in San Francisco. Photo: AP

The startup is housed in a garage-like space in San Francisco's tech-heavy South of Market neighbourhood, but it isn't like most of its neighbours that develop software, websites and mobile-phone apps.

Its mission is to find a replacement for eggs.

Inside, research chefs bake cookies and cakes, whip up batches of flavoured mayonnaise and pan-fry omelettes and French toast - all with plant-based egg substitutes.

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Funded by prominent Silicon Valley investors and Microsoft founder Bill Gates, Hampton Creek Foods seeks to disrupt a global egg industry that backers say wastes energy, pollutes the environment, causes disease outbreaks and confines chickens to tiny spaces.

The company, which just started selling its first product - Just Mayo mayonnaise - at Whole Foods Markets, is part of a new generation of so-called food-tech ventures that aim to change the way we eat.

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"There's nothing to indicate that this will be a trend that will end anytime soon," said Anand Sanwal, CEO of CB Insights, a New York firm that tracks venture capital investment. "Sustainability and challenges to the food supply are pretty fundamental issues."

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