Vegan Honey Wins Big on Shark Tank

Vegan brand Bee Free Honee raises $210,000 from three investors.

Vegan company Bee Free Honee appeared on ABC television program Shark Tank last Friday and gained the attention—and big investment capital—of three “sharks.” Founders Melissa Helms and Katie Sanchez presented their product as a way to alleviate the production demands for honey placed on bees year-round. The duo successfully answered questions from the sharks regarding their apple-based product’s comparable price points and taste to honey. Holding a container of Bee Free Honee, investor Mark Cuban said, “If I walk into a grocery store with my kid and it said, ‘Buy this, save the lives of 1,000 bees" ... "this is a $100 million brand.” While Helms and Sanchez initially asked for $100,000 in exchange for 10 percent of their company, the duo ended up raising $210,000 (but with 30 percent equity) from three investors—Mark Cuban, Barbara Corcoran, and Chris Sacca. Sanchez told VegNews that the funding will be used to increase production and expanding into new markets.

More News

San Francisco Bans Fur Sales

Officials unanimously sign the ban making San Francisco the largest city in the United States to reject the cruel fur industry.
Read More »

Drake Ditches Meat

The musician confirms that he has no beef with vegetarians.
Read More »

Acclaimed Chef to Open Vegan Convenience Store

Matthew Kenney's vegan New Deli in Venice, CA will offer a range of plant-based snacks, prepared foods, and organic wine and beer that customers can enjoy on the store's patio or at the nearby beach.
Read More »

Vegan Food Truck to Sell Chicken Nuggets in Boston

Inspired by the owner's childhood love of comfort foods, the 16-foot food truck will feature seitan-based fried foods.
Read More »

Nearly Half of Meat-Free Canadians are Millennials

New research shows that Canadians 35 years old and younger are three times more likely to identify as vegan or vegetarian, while the largest meatless population in Canada resides in British Columbia.
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 »