Browsing tag

Plant-based food

Canadian Plant-Based Brand Sol Cuisine Closes C$10M Financing Round

2 Mins Read Sol Cuisine Inc., long-time plant-based brand headquartered in Ontario, has recently secured C$10 million (US$7.6 million) in a funding round led by BDC Capital’s Industrial Innovation Fund, the venture arm of Canada’s national development bank. The new capital injection will be used to help Sol Cuisine continue expanding its product innovation and distribution as consumer […]

Plant-Based Startup THIS Breaks Crowdfunding Record, Hits US$ 5.2 Million In 2 Days

3 Mins Read THIS, a London-based plant-based meat company, has recently closed its crowdfunding campaign, which was publicly live for just 2.5 days before hitting its £4 million (US$5.24 million) overfunding target. The campaign, which was launched on Seedrs, broke records as the fastest campaign to ever hit a £1.5 million (US$1.97 million) target, an indicator of the […]

New Zealand Startup To Launch Plant-Based Hemp Meat Next Year

3 Mins Read New Zealand alternative protein food tech Sustainable Foods, better known by its retail brand The Craft Meat Co, is gearing up to launch a new hemp plant-based meat that is high in protein and fibre and minimally processed by early 2021. The company already sells a range of plant-based meat products, some of which incorporate […]

Rise In Vegan Menu Offering Globally, Plus More Data From New abillionveg Report

3 Mins Read From the number of vegan-friendly restaurants to new product launches on supermarket shelves, there is no doubt that the plant-based trend is taking the world by storm. But there are differences between regional markets, with some cities and countries showing faster growth, or certain food segments experiencing greater consumer interest than others.  A new report […]

Asian Investors Back Mushlabs In US$10M Round To Scale-Up Mushroom-Based Alt Protein

3 Mins Read Biotech startup Mushlabs has recently raised US$10 million in a Series A funding round for its mushroom-fermentation technology. The financing round was led by Singapore’s VisVires New Protein and Switzerland’s Redalpine, with participation from existing investors including Hong Kong-based Happiness Capital.  Germany-based startup Mushlabs, who was part of ProVeg Incubator, has secured a US$10 million […]

Eat JUST Eyes IPO & Looks To Achieve Operational Profitability

3 Mins Read Eat JUST, the food tech behind the famous plant-based egg, has recently alluded to launching an IPO once it reaches profitability, which the company is aiming for by the end of 2021. In a recent interview, the brand’s co-founder and CEO Josh Tetrick said that “eventually going public made the most sense,” and added that […]