News

Tyson Increases Investment in Vegan Brand Beyond Meat

The meat company is looking to expand its holding in the vegan company as the plant-based protein industry continues to boom.

Meat company Tyson Foods announced yesterday that it raised its holding by an undisclosed percentage in plant-based brand Beyond Meat. Tyson—the world’s largest meat producer—initially invested in the company in exchange for a five-percent stake in October and revealed this week that it participated in Beyond Meat’s most current investment round, which raised $55 million. On a recent North Carolina Public Radio show, Tyson CEO Tom Hayes explained the company’s strategy, stating that the meat giant is looking to support products that consumers want, which includes plant-based alternatives to meat. The company's popular vegan burger, the Beyond Burger, launched in the meat department at a Colorado Whole Foods Market last year and, with the help of capital funding, recently hit the milestone of 5,000 points of distribution nationwide, including grocery chains Safeway, Krogers, and Stater Bros., along with nearly 500 locations of fast-food restaurant TGI Fridays.

More News

Moby Sells 100 Musical Instruments to Help Vegan Doctors

The vegan activist has opened an online shop for his prized music equipment to raise funds in support of vegan medical group Physicians Committee for Responsible Medicine.
Read More »

Cardi B Feasts on Vegan Food at Coachella

The celebrated songstress and fellow musicians Migos, Daniel Caesar, Ghostface Killah, Kelela, and Beyoncé's crew enjoyed vegan food at Coachella thanks to vegan chef Lauren Von Der Pool.
Read More »

Kevin Smith Officially Goes Vegan

The famed director's vegan daughter Harley Quinn Smith confirmed that her father—who recently had a massive heart attack—has gone vegan and loves Veggie Grill's nachos.
Read More »

Vegan Croissants Crowned as Best in Miami

L'Artisane Creative Bakery is the first vegan bakery to take the top spot in annual competition Croissant Battle Miami.
Read More »

Vegan Chocolate Cake-Scented Bus Stop Erected in London

Londoners can now smell the sweet aroma of BOSH!'s chocolate fudge cake while waiting for the bus.
Read More »

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.

More Videos »