News

Vegan Company Secures $5 Million Investment

Meal delivery service Purple Carrot recently raised an additional $5 million in funding.

Vegan meal kit delivery service Purple Carrot recently raised an additional $5 million in investment funding from Windsail Capital. “(CEO) Andy (Levitt) and his team at Purple Carrot have achieved impressive growth over the last 18 months,” Michael Rand, managing director of the investment group, said. “We see tremendous potential in the Purple Carrot model and are looking forward to this new partnership.” Former New York Times columnist Mark Bittman joined the startup last year, and his name quickly brought media attention to the vegan company. While Bittman recently left Purple Carrot on amicable terms to pursue other ventures, the company is now equipped with enough funding to continue its upward trajectory. “We started Purple Carrot to help people cook delicious plant-based meals that were not only good for them but also good for the environment,” Levitt said. “We've made incredible progress so far, and with this new round of funding from WindSail Capital, we will be able to make an even greater impact.” Vegan companies such as Califia Farms, Ripple, and Impossible Foods have all secured millions in funding from capital partners who believe plant-based foods will generate a profitable return on their investments.

More News

NYC All-You-Can-Eat Ice Cream Fest Offers Vegan Scoops

Three-day festival Scooper Bowl in Bryant Park will treat guests to ice cream of every variety, including dairy-free scoops from Van Leeuwen, Ben & Jerry's, and Häagen-Dazs.
Read More »

Animal Ag Companies Fined $29M for Destroying Amazon

The government of Brazil slapped a hefty fine on feed suppliers to meat and dairy companies that sell to McDonald's, Burger King, and Walmart for destroying the country's biodiverse Cerrado region for profit.
Read More »

Moby Retires from Touring to Focus on Activism

…and to make vegan smoothies every morning after waking up in his own bed.
Read More »

UK Version of Beyond Burger Expands Across London

British vegan brand Moving Mountains expands its B12 burger to five locations of meat-centric chain Dirty Bones—where it will be served topped with vegan mac and cheese.
Read More »

Legendary Canadian Rugby Player Starts Vegan Cheese Brand

Nick Blevins' vegan lifestyle improved his performance on the field so much that he established a plant-based cheese and yogurt company to educate others on the benefits of plants.
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 »