Browsing tag

Plant-based food

Impossible Foods Reportedly Preparing For IPO With US$10 Billion Valuation

3 Mins Read Plant-based food tech giant Impossible Foods is said to be in discussions for a public listing that could value the company at US$10 billion or more, according to an exclusive Reuters report. The listing is reportedly taking place within the next twelve months through a SPAC merger deal, a popular vehicle for a number of […]

Deliveroo Hong Kong Records 160% Increase In Plant-Based Food Orders

3 Mins Read Food delivery giant Deliveroo has reported surging demand for plant-based food in Hong Kong, with vegan and vegetarian orders growing by 160% over a 12-month period in its latest figures. In response, partner restaurants have been ramping up their vegan offerings, with the number of available options increasing triple-digits to reach more than 1,000 and […]

Dairy Giant Bel Brands Launches First 100% Plant-Based ‘Nurishh’ Cheese Line

3 Mins Read Bel Brands USA, the North American arm of French dairy giant Bel Group, has introduced the company’s first exclusively line of vegan cheese. Launching in April, Nurishh will offer a range of cheese alternatives such as cheddar and mozzarella, a move made in response to rising mainstream demand for plant-based alternatives. It comes shortly after […]

Veganuary Co-Founder’s Vegan Fried Chicken Brand VFC Raises US$3.4M In Seed Funding

4 Mins Read U.K.-based movement Veganuary’s co-founder Mathew Glover unveiled a new vegan fried chicken brand called VFC. Today, a mere 3 months after its launch, the company is in the news again thanks to a GBP£2.5M (approx. US$3.4M) round of seed funding that will help scale the firm’s production of plant-based chicken. Joining forces with famed chef and restaurateur […]

Singapore’s Next Gen Launches ‘Tindle’ Plant-Based Chicken At Restaurants Islandwide

4 Mins Read Singapore-based startup Next Gen Foods has officially launched its plant-based chicken brand Tindle, debuting at 11 restaurants across the city. The foodservice roll out will include establishments run by Michelin-starred chefs, with dishes inspired from cuisines all over the world, from Mediterranean to Japanese, as well as American-style food truck takeout classics.  Next Gen Foods […]

Canadian Startup Nabati Raises US$6.2M Private Placement Ahead Of IPO

3 Mins Read Nabati Foods, a Canadian plant-based food tech, has announced that it has raised CA$7.7 million (approx. US$6.2 million) in a private placement financing. The funds will be used to expand the brand’s range, launch into international markets and fuel its go-public plans after a record year of sales driven by mainstream demand for plant-based offerings.  […]

India’s First Single Origin Vegan Chocolate Bars: Homegrown MilkinOats Is #VocalForLocal

4 Mins Read MilkinOats, the first homegrown oat milk brand in India, has launched vegan milk chocolate bars made with their high-fibre dairy alternative. Rolling out in two flavours, the new 100% plant-based, cruelty-free bars are crafted in small batches, replicating the creamy taste that consumers love about traditional milk chocolate using the brand’s oat milk base squeezed […]

OmniPork Debuts On Leading U.K. Plant-Based E-Commerce Player TheVeganKind

3 Mins Read OmniPork, the vegan pork analogue developed by Hong Kong-based Green Monday’s food tech arm OmniFoods, has secured a listing with the U.K.’s leading plant-based e-commerce player TheVeganKind. It follows the brand’s soft launch into the country earlier this year via foodservice channels and via the e-tailer Longdan Oriental Supermarket, and continuing Green Monday’s international expansion […]

Juicy Marbles Debuts World’s First Plant-Based Marbled Filet Mignon Steak

4 Mins Read Slovenian food tech Juicy Marbles has unveiled what it claims is the world’s first 100% plant-based, whole cut filet mignon that bears the fatty marbling found in a real cut of animal-based steak. Developed using their patent-pending “reverse grinder” technology, the startup has been able to recreate the texture, look and taste of filet mignon […]

Latin America: Plant-Based Meat Startups & Brands To Watch

5 Mins Read The Latin American alt protein market is exploding. We recently did an overview of the space, in which we highlighted that 90% of the population want to eat more plant-based foods, according to an Ingredion survey. We recently spoke to regional expert Emmanuel Besserve (an interview worth reading for anyone keen to learn more about […]

Impossible Foods Slashes Retail Prices In Hong Kong By Over 20%

3 Mins Read Impossible Foods, the maker of the famous plant-based beef alternative, has announced that it is cutting retail prices in Hong Kong grocery stores by more than 20%. The move comes after it lowered prices in the U.S., which marked its third double-digit reduction from the food tech in less than a year, thanks to what […]

Ocean Hugger Relaunches With Nove For Global Plant-Based Seafood Roll Out In 2021

4 Mins Read Plant-based seafood maker Ocean Hugger Foods has announced its return, partnering up with Bangkok-based Nove Foods to roll out its products globally in 2021. The company, which was forced to shut down its operations due to the coronavirus pandemic last year, will work with Nove Foods, whose distribution spans 30 countries, to reenter the alternative […]