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Vegan
Australia’s Plant-Based Products Predicted To Reach Up To $9 Billion Valuation By 2030, New Report Suggests
Australia is being heralded as a plant-based protein powerhouse of the future. A new report by government agency CSIRO has cited the sector could be worth between between $3 billion and $9 billion, by 2030. Current figures suggest the…
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Heura Launches Fresh Crowdfunding Campaign To Continue Accelerated Growth
Barcelona-based plant meat brand Heura is launching a new crowdfunding campaign on Crowdcube and says it is looking for food activists that want to invest. The ‘Equity for Good Rebels’ investment opportunity is open for pre-registration…
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Sustainable Foods Scoops $2.15 Million For Global Hemp-Based Meat Distribution
New Zealand’s Sustainable Foods has confirmed it has raised $2.15 million through a combination of private and public domestic investors. Green Fern Industries, Sustainable's exclusive hemp grower and supplier, also participated.
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Marbled Plant-Based Steaks That Aren’t 3D Printed? This Scientist Claims To Have Engineered Them
Martin Hofmann, an EPFL and ETH Zurich alumnus, is a material scientist preoccupied with flow properties. His research has led to him developing technology to create realistically marbled plant-based meat cuts. Combining fats and pea…
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Sunscoop Secures $2 Million For Continued Allergen-Free Dairy-Free Ice Cream Innovation
Los Angeles- based allergen-friendly ice cream brand Sunscoop has raised $2 million seed financing round led by Vibrant Ventures. H/L Ventures, Torch Capital and early angel investors also participated. The fresh capital will be used to…
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Umiami Bags $30 Million Series A Investment For Plant-Based Chicken
French food tech Umiami has closed a $30 million Series A to support its plant-based chicken developments in what is the largest total round raised for any French alternative protein company so far. The deal was led by Astanor Ventures and…
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The Week In Plant-Based: “NFPs” From Meatless Farms, Impossible Sausage Links, Vegan Butterbeer
The latest initiative around food-focused non-fungible tokens (NFTs) comes courtesy of vegan meat brand Meatless Farm, which is currently offering fans a pea farm allotment through the tokens. Elsewhere, Impossible has launched new sausage…
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Top 5 Things I Tasted At Future Food Tech San Francisco
Despite our team missing what felt like the alt protein industry reunion of the year (major FOMO), we managed to to get Vegan Women Summit founder Jennifer Stojkovic to tell us what her favorite things were so we could share them with you.…
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Louisiana Labelling Law Deemed Unconstitutional In Landmark Victory For The Plant-Based Industry
The ‘Truth in Labeling of Food Products’ Act 273 came into effect in October 2020. It made the use of any terms deemed meat-related, such as 'burger' and 'sausage' illegal on packaging for vegan products. The act remained in effect when…
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Aqua Cultured Foods Launches Seed Funding Round Amidst Output Spike
Chicago’s Aqua Cultured Foods has revealed it has successfully doubled its biomass fermentation output of vegan seafood. The startup claims to now be able to produce twice as much product in the same timeframe, generating buzz for…
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MycoTechnology Secures $85 Million To Further Capitalise On Fermentation Platform With Worldwide Product Launches
Colorado-based MycoTechnology has closed an $85 million Series E funding round. The investment was led by a representative of the Omani sovereign wealth fund, the Oman Investment Authority. Previous investors joined the round, including…
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Betterland Foods’ New Woo Chocolate Bar Is Made With Perfect Day’s Animal-Free Whey Protein
Betterland Foods has announced its newest animal-free dairy product. Dubbed ‘WOO’, the initial bar has been designed to mimic the successful combination of chocolate, nougat, caramel and peanuts that conventional Snickers bars are known…
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Veg Capital Doubles Down On Support For Plant Alternative’s Shicken Range By Leading Fresh Funding Round
Leading vegan investor Veg Capital has announced a doubling down of its investment into Plant Alternative’s Shicken product line. Managing director and co-founder of Veg Capital, Matthew Glover, first initiated investment in 2021, after…
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Indonesian Plant Meat Leader Green Rebel Announces Singapore Debut Across F&B
Indonesian plant-based meat leader Green Rebel has officially launched its range of beef, chicken and pork alternatives in Singapore. The startup has partnered with multiple restaurants in the Lion City to bring its whole-food-based…
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Plant-Based Meat Sector Will Boom If It Can Achieve Price Parity With Animal Protein, New Study Claims
Kearney has released a report that suggest plant-based meat will experience significant sector growth if it can match conventional meat prices. According to the report's authors, widespread consumer adoption of such products hinges on…
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The Week In Plant-Based: Andrew Zimmern Joins TiNDLE, Willicroft & InnovoPro Launch Fondue
Andrew Zimmern recently threw his chef's hat in the plant-based protein ring when he joined Next Gen Foods' TiNDLE brand as an advisor. Elsewhere in news this week, Willicroft teamed up with InnovoPro to launch vegan fondue and new…
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Oatly Warns Of Price Increases Following Supply Chain Shortfalls
Oatly has announced it is looking outside of its regular oat suppliers, in light of poor harvests. Oat supplies have become strained, requiring the dairy-free milk brand to cast its net further afield for reliable provision. Consumers will…
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McDonald’s McPlant Burger Sales Lukewarm In Wider U.S. Trials
BTIG analysts have released a report detailing disappointing McPlant sales figures in California and Texas. Peter Saleh and Ben Parente say that up to 20 burgers are being sold per day in high-performance areas. This represents a drastic…
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Plant-Based Foods Show Strong Growth Overall As Vegan Meat Sales Stall, New Data Shows
The much awaited U.S. plant-based food retail sales data from 2021 has just been released in the latest report by market analysis company SPINS: the industry saw a year-on-year growth of 6.2 percent in 2021, representing a market value of…
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Is Seaweed Bacon The Next Big Plant-Based Thing? $3 Million Says It Could Be
Californian startup Umaro Foods, formerly Trophic, has announced the completion of a $3 million seed round led by AgFunder to support the launch of its first product, plant-based bacon made from seaweed protein.
Umaro has developed…
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Beyond Meat Bets On Vegan Jerky As Initial Product Launch For PepsiCo Partnership
2021 saw beyond Meat and PepsiCo announce a new collaboration. Planet Partnership, as the joint venture was dubbed, was founded to develop snacks and beverages using plant protein. The duo has now unveiled its first commercial product…
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