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Top Stories of the Vegan Business World

Nature's Fynd Secures $350M in Series C Bringing Total To $500M for Volcanic Fungi Protein

Nature's Fynd
Nature’s Fynd, producer of highly sustainable fungus protein from a microbe originating in the geothermal springs of Yellowstone National Park, has just announced $350 million in a Series C financing bringing the company’s total financing to over $500 million. The company closed an earlier round in December of last year and in February of this year it pre-released its portfolio …

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Russia: Alt-Meat Brand Welldone Now Outselling Beyond Meat as Plant-Based Market Explodes

Welldone burger
After expanding to over 500 points of sale in 50 cities, Russian alt-meat brand Welldone has seen sales surge to surpass those of Beyond Meat. The rise has been partially attributed to Welldone's affordable pricing, at just $3 for a pack of two burgers.

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This Potato-Based Dairy Alternative Makes Perfect Foam & Uses 50% Less Land Than Oats

dug/veg of lund
By now, most of us are familiar with the idea of putting oat or almond milk on our cereal. But Swedish brand DUG, created by Veg of Lund, has come up with a more unusual solution to the unsustainability of the dairy industry --- potatoes.

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Multus Biotechnology Raises £1.6M to Make Cell Cultured Meat "Affordable, Scalable and Profitable"

Multus Biotechnology
British company Multus Biotechnology has raised £1.6 million in its latest funding round. Investors included SOSV, Zero Carbon Capital, and MarinyaCapital.

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One Planet Pizza Brings Professional 'Pizza Pusher' on Board as Further Growth Expected

one planet pizza
After launching its recent No Clucks collab with VFC, frozen vegan pizza pioneer One Planet Pizza has announced the hiring of Matt Barney as its new commercial manager. With over 20 years of experience in developing brands, Barney comes with the fetching title of ‘National Pizza Pusher'. "Family favourites and weekday staples such as pizza are ripe for a plant-based …

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Global Alternative Proteins to Reach US$4.8 Bn by 2027, China & Mycoprotein as Key Drivers

Hero Protein
Alternative proteins are projected to reach a revised size of US$4.8 billion by 2027, growing at a CAGR of 8% over the analysis period 2020-2027 according to a recent report, including the Plant Protein segment which is forecast to grow at a 9.2% CAGR to reach US$1.7 Billion by 2027. China to Grow at a 9.5% CAGR The Protein Alternatives …

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Australian Alt-Protein Startup Harvest B Raises $3.5M in Funding Round Led by Woolworths

Harvest B
Harvest B, an Australian alt-protein startup founded just a year ago, has raised $3.5 million in its seed funding round. The round was led by W23 Ventures (the investment arm of supermarket Woolworths) and Aura Ventures.

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Long John Silver's Launches Good Catch Plant-Based Seafood in Georgia & California

Good Catch X Long John Silver's
Starting today July 19; Gathered Foods, makers of Good Catch plant-based seafood, has announced a partnership with Long John Silver's, the largest quick-service seafood chain in the USA. The new options include a Plant-Based Platter, which includes two Fish-Free Fillets, two Crab-Free Cakes, and two sides; two plant-based meal options featuring Fish-Free Fillets or Crab-Free Cakes, each served with two …

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