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Chickpea Startup Gets $8 Million Capital Boost

Plant-protein company Nutriati received a sizable investment from firms in London, San Francisco, Los Angeles, and Virginia to help bring its in-demand products to market.

Canadian food ingredient firm Nutriati Food Solutions, Inc. closed an $8 million capital funding round last week. The round was led by London-based investment firm Tate & Lyle and included capital input from several US-based firms such as Powerplant Ventures, NRV, and Blueberry Ventures. Nutriati specializes in high-protein chickpea-based food ingredients (including flour and concentrates) that can be used in formulations for baked goods, pasta, snacks, and drinks. “The plant-based protein market has been expanding rapidly in recent years, and demand for non-soy, non-dairy, and gluten-free proteins has been particularly strong,” Tate & Lyle Ventures’ Managing Partner David Atkinson said. “We are pleased to work with Nutriati to introduce the next generation of [the] novel plant ingredient.” Israel-based company CHiCK.P is also looking to tap into the lucrative plant-based protein market with its chickpea ingredients that founder Ram Reifen, MD estimates will amount to $300 million in revenue in the next five years.

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Mexican Restaurant in Sydney Goes Fully Vegan

Bad Hombres will be the first 100 percent plant-based Mexican and Latin American eatery in Sydney.
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Printing Company Working to Veganize English Money

Banknote printing company is developing new money that doesn?t contain animal fat.
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Beyond Burger Expands to 280 Safeway Stores

Beyond Meat's vegan burger patties will soon be available at the meat department in supermarket chain Safeway across California, Nevada, and Hawaii.
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Brazilian Meat Scandal Execs Fined $70 Million

Seven executives from JBS—the world's largest meat-producing company—entered a plea bargain last week after a raid uncovered rotten, acid-tainted meat at 21 of its facilities.
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James Cameron to Release Vegan Documentary

The Game Changers will highlight a broad range of plant-based athletes, soldiers, and cultural icons to show that nobody needs animal products to thrive.
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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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