Green Business

In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers nutrition wins for plant-based meat, a ton of alt-dairy announcements,…
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In a major shift in the cultivated seafood space, Singaporean startups Umami Bioworks and Shiok Meats have announced plans to merge. Once finalised, Umami Bioworks CEO Mihir Pershad will lead the combined entity, and Shiok Meats CEO…
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The SEC has watered down and walked back on its proposed rules for mandatory corporate disclosures of scope 3 emissions – here's why, and what that means. As November 5 gets closer, we're seeing more and more landmark policy decisions…
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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. “AI…
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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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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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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 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? A pioneer of cruelty-free beauty and a beloved…
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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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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. In a short space…
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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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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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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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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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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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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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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. Aussie alt-meat leader v2food has expanded…
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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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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. UK plant-based meat…
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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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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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