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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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Delivery Service Veganizes Meghan Markle's Favorite Dish

London-based food delivery app Deliveroo added vegan "Royal Poutine" to its menu in honor of Prince Harry and future duchess Meghan Markle's wedding.
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Plant-Based Pork to Curb Meat Consumption in Asia

New brand Right Treat—created by vegetarian market chain Green Common founder David Yeung—launches its first product, vegan meat Omnipork, in Hong Kong.
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Bentley Designer Predicts Animal-Free Future for Cars

Automotive designer Stefan Sielaff believes that making luxury car interiors from 15 animal hides will become obsolete, as modern customers are looking for vehicles that align with their cruelty-free values.
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Former Beyond Meat Chef Debuts New Vegan Bacon Chips

Dave Anderson—formerly employed by plant-based companies Beyond Meat and JUST—developed mushroom-based PIG OUT vegan bacon snacks, the flagship product of new vegan brand Outstanding Foods.
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Four New Vegan Dishes Hit Whole Foods Markets

The Amazing Protein Company's plant-based Lika protein is now available in the prepared foods section across the Southwest Pacific region of the grocery chain.
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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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