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Plant-Based Investors Unite to Form Influential Group

Trade group Plant Based Food Association welcomes 10 leading investment groups to help advance the vegan revolution.

Trade group Plant Based Food Association (PBFA) announced this week an initiative to create a coalition of investment firms interested in supporting plant-based businesses. The group is now comprised of 10 founding investment firms, including New Crop Capital (an investor in vegan cheese brand Miyoko's Kitchen), Lyra Growth Partners (created by plant-based nutrition company Vega founder Charles Chang), and Blue Horizon (an investor in fish-free seafood company Ocean Hugger Foods). “As investors in Next Level Burger and other plant-based food businesses,” Nicole Brodeur, another founding investment member, said, “we believe a food revolution is underway. The collective work the PBFA is doing is essential to helping that revolution succeed.” According to PBFA executive director Michele Simon, the group will have access to industry data and introductions to early-stage startups, and join PBFA’s network of member companies, affiliates, and advisors to move the food industry in the plant-based direction.

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Cargill Invests in Plant-Based Protein

The animal agriculture feed supplier joins PURIS—the largest pea-protein producer in North America—in its mission to create sustainable plant-based foods.
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Muay Thai Fighter to Open Vegan Bakery in NYC

Vegan chef Watt Sriboonruang's Rawsome Bakery will land on Orchard Street in Manhattan—further veganizing a street occupied by vegan apparel company MooShoes and vegan store Orchard Grocer.
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Vegan Brand Breaks Indiegogo's Crowdfunding Record

Vegan meal shake startup Bear Brands raised more than $65,000 from 250 backers in the first day of its crowdfunding campaign.
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Playboy Playmate Amanda Cerny is Vegan

The former Playmate and current YouTube comedian confirms that she would never promote beef jerky to her 19 million social media followers because she is vegan.
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Luxe Department Stores Launch Decadent Vegan Menu

Harvey Nichols stores across the UK now serve upscale vegan dishes and wines at its seven locations.
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This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

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