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Green Business
Artificial Intelligence Likely to Use More Energy, and Spread More Climate Misinformation
That artificial intelligence (AI) can help solve the climate crisis is a misguided notion – instead, the tech will likely cause rises in energy use and fuel the rapid spread of climate misinformation, according to a new report.
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Vegan Food Group’s Matthew Glover: ‘We’re Going Big, Because We Have To’
Matthew Glover, co-founder of the Vegan Food Group, speaks to Green Queen about the decision behind acquiring its portfolio companies, the ambition to become a "vegan Unilever", the challenging period for the sector, and the need for a!-->…
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In Five Years, Plant-Based Pioneer Just Egg Has Sold Half a Billion Worth of Eggs
California's Eat Just has reached a significant milestone, with its plant-based Just Egg completing sales equivalent to 500 million chicken eggs. The development comes weeks after the startup, which owns 99% of the vegan egg market,!-->…
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Vegan Food Group to Acquire Germany’s Tofutown in Latest Consolidation Deal to Drive Profitability
Following its rebrand from VFC Foods last month, the newly formed Vegan Food Group is set to acquire German tofu manufacturer Tofutown for an undisclosed sum. With four businesses under its portfolio, the company aims to bolster revenue!-->…
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The Body Shop: How the Ethical Beauty Pioneer’s Fortunes Soured, and What Happens Next
The Body Shop has announced that its UK and German operations have gone into administration, with its business in other countries also in jeopardy. How did it get here, and what's next?
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Inside Meat the Mushroom’s Vegan Bacon Pitch on Shark Tank
Black-owned plant-based meat company Meat the Mushroom secured investment from two Sharks in the ongoing season on Shark Tank – here's the inside story on how it all went down.
"In Shark Tank, we have so many plant-based products – they!-->!-->!-->…
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Unhooked: Alt-Seafood Startups Face Headwinds Despite Urgent Need for Fish-Free Solutions
San Francisco-based New Wave Foods and Germany's Ordinary Seafood have become the latest casualties in the alternative protein sector, spotlighting the troubles experienced by the vegan seafood category in recent times.
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One Planet Pizza’s Joe Hill: ‘Selling A Million Vegan Pizzas Took Me By Surprise’
One Planet Pizza co-founder Joe Hill tells Green Queen about the company's uphill battle in the face of Brexit, war and a pandemic; going on The Apprentice; his trouble with misinformation about veganism, and selling a million pizzas.
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The Cinnamon Kitchen: Celeb-Favourite Indian Vegan Bakery Lands Shark Tank Deal at $1.4M Valuation
Indian vegan bakery The Cinnamon Kitchen secured a ₹60 lakh ($72,000) investment from Aman Gupta on Shark Tank India. Landing the deal at 5% equity, the brand was valued at ₹12 crores ($1.44M), and is among a handful of other plant-based!-->…
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‘A Religious Obsession’: Eat Just Responds to Consumer Demand by Bringing Back Vegan Mayo & Ranch
Eat Just has relaunched its vegan mayonnaise and ranch lines, citing years of requests from consumers to bring back the products. The return of the SKUs, which were discontinued after major controversy and to focus on the Just Egg rollout,!-->…
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Deliciously Ella: After Years of Trolling, Ella Mills is Finally Happy (and Thriving) Now
Ever the darling of the UK's plant-based space – with a recipe book that sold faster than any other vegan cookbook ever – Ella Mills retreated from the limelight a few years ago. Her brand, Deliciously Ella, suffered setbacks from the!-->…
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VBites: Heather Mills Rescues Her Alt-Meat Brand a Month After Entering Administration
British entrepreneur Heather Mills has secured a rescue deal for her plant-based brand VBites, buying the assets of the business from administrators for £1M and waiving nearly £5M of debt owed to her, a month after first announcing that!-->…
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Yet Another Acquisition: CPG Investor Purchases Vegan Coffee Creamer Leader Nutpods
Amid a flurry of M&A activity in the plant-based space, US non-dairy coffee creamer brand Nutpods has been acquired by newly formed CPG investment arm MPearlRock
Bellevue, Washington-based Nutpods, which makes coffee creamers,!-->!-->!-->…
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Aussie Vegan Meat Maker v2food Acquires Ready Meal Brands as Plant Based Sector Undergoes Consolidation
Leading Australian plant-based meat maker v2food has acquired ready meal brands Soulara and MACROS for an undisclosed sum to expand its portfolio, in a sector flooding with M&A activity.
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Next Level Burger Acquires Veggie Grill to Become North America’s Largest Fast-Casual Vegan Chain
In one of the largest M&A deals in the US plant-based space, Next Level Burger has acquired fast-casual chain Veggie Grill. The move comes a year after the latter was saved from bankruptcy, and makes Next Level Burger the largest!-->…
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From VFC to VFG: UK Alt-Meat Maker Rebrands with Aim to Become ‘Vegan Unilever’
After a year of acquisitions and continued sales growth, VFC Foods has rebranded to the Vegan Food Group with the aim of becoming "a vegan Unilever", as it plans further deals and expects sales to hit £25M in 2024.
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Using AI to Explore the Impact of Microplastic Pollution on Soil and Agriculture
Researchers have applied artificial intelligence and machine learning techniques to analyse the effect of microplastics on soil properties, with the aim to support decision-making on plastic waste management and help align with ESG goals.
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Inside India’s Largest Plant-Based Dairy M&A: Why Nourish You Acquired One Good
In what is one of the largest acquisitions in the Indian plant-based sector, superfood player Nourish You has acquired vegan dairy brand One Good. Ahead of a planned Series A next year, CFO Radhika Datt pulls the curtain on the why and how!-->…
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Misinformation, Corporate Greed & Rising Costs: How Heather Mills’ Alt-Meat Brand VBites Fell Into Administration After 30 Years
British vegan entrepreneur Heather Mills has announced that her legacy plant-based meat brand VBites is entering administration this week, after failing to secure funding amid rising costs. The 30-year-old company's collapse comes amid a!-->…
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Upcycled Cacao Fruit Juice, Anyone? Investors Gave Swiss-Ghanaian Startup $15M to Scale Koa Pure
Swiss-Ghanian startup Koa has raised $15M in Series B funding to scale up its upcycled cacao business, develop more products and intensify regenerative agriculture practices to involve over 10,000 more farmers and address the climate!-->…
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Can AI Tech Fight Climate Change Without a Mega Emissions Footprint?
Artificial intelligence (AI) is increasingly being used to better understand greenhouse gas emissions and develop tools to fight climate change – but it's equally important to look at the tech's own carbon footprint, and whether the!-->…
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