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Top Stories of the Vegan Business World

Nobell Foods: Plant-Based Casein For Realistic Vegan Cheese Endorsed by Robert Downey Jr Raises $75M

Nobell Foods: Plant-Based Casein For Realistic Vegan Cheese Endorsed by Robert Downey Jr Raises $75M
Plant-based cheese company Nobell Foods has raised $75 million in a Series B funding round. Founded by Lebanese entrepreneur Magi Richani, the San Francisco-based startup claims to have unlocked the secret to stretchy, realistic vegan cheese. "Magi Richani and her Nobell team are putting the eco in queso... milking a crop instead of a cow" - Robert Downey Jr. An …

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Is the Public Market Riskier Than the Venture Market?  Dan Altschuler Malek Thinks So

Is the Public Market Riskier Than the Venture Market?  Dan Altschuler Malek Thinks So
Dan Altschuler Malek of Unovis Capital joins Plant Powered Consulting Founder Elysabeth Alfano on the Plantbased Business Hour with tips for both entrepreneurs and investors.  How to pick a winning plant-based start-Up? What valuations make sense? How important are numbers in a deck? They get into it all! They discuss what Dan looks for in a founder, why he doesn't invest in …

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Oumph! Launches Award-Winning Pulled Oumph! in Australia After Huge Success Throughout Europe

Oumph! Launches Award-Winning Pulled Oumph! in Australia After Huge Success Throughout Europe
LIVEKINDLY- owned plant meat brand Oumph!, originally from Sweden, today announced the launch of its Pulled Oumph! onto the Australian market following multiple successes throughout Europe. Oumph! is currently available in Sweden, Norway, Denmark, Finland, Iceland, Ireland, Netherlands, South Africa and Australia, as well as the UK where it reported a 400% increase in UK sales and the most recent addition …

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Portland's Take Two is On Track to Upcycle at Least 500,000 Pounds of Waste Grain From Beer Industry Into Barley Milk

Portland's Take Two is On Track to Upcycle at Least 500,000 Pounds of Waste Grain From Beer Industry Into Barley Milk
With over 8 billion pounds of spent grain going to waste annually, Portland Oregon's Take Two is the first company to utilize upcycled barley into nutritious plant milk. Committed to using upcycled ingredients, Take Two is one of the first companies to become Upcycled Certified by the Upcycled Food Association. The company announces the launch this week of its Barleymilk at …

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Mmm, Bacon: Plant-Based Bacon Outselling Conventional as Market Doubles

BaconStrips Hooray Foods
Long-held as a taste icon for many diehard animal meat-eaters, now bacon is also experiencing plant-based disruption. Sales of plant-based bacon are up 25% - double the rate for the same period for animal-based bacon - and the plant-based bacon market as a whole doubled in 2020 to $267 million, reports Bloomberg.  As multiple players are entering the space from …

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Branston, One of the Biggest Potato Distributors in UK, Announces £6M Potato Protein Factory

Branston Ltd potatoes
Following this week's news of a new potato-based mylk; Branston, one of the UK’s biggest potato buyers, packers, distributors and marketers with sites in Lincolnshire, Somerset and Scotland, recently announced the construction of a new factory specialising in the production of potato protein. The new factory, in which Branston is investing approximately 6 million pounds, will process potatoes from the …

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Ex German National Goalkeeper Timo Hildebrand Opens Vegan Restaurant 'vhy' in Stuttgart

vhy! founders
Founders Timo Hildebrand, Tim Bengel and chef Christian Weber today launch their new vegan restaurant vhy in Stuttgart. Hildebrand, a former top goalkeeper who was also German champion with VfB Stuttgart, is now a successful entrepreneur with a strong social commitment. "We are into action, trying things out and creating," he commented. The restaurant, designed from scratch, underlines that sustainability …

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Dole Sunshine Company, World's Largest Producer of Fruit & Veg, Partners With Ananas Anam to Upcycle Pineapple Waste

Dole Sunshine Company, World's Largest Producer of Fruit & Veg, Partners With Ananas Anam to Upcycle Pineapple Waste
The Dole Sunshine Company - the world's largest producer of fruit and vegetables - this week announced its partnership with Ananas Anam, the London-based creators of Piñatex, a vegan leather made from sustainably sourced pineapple leaf fibres. The collaboration is part of Dole's commitment to achieve zero fruit loss by 2025. Ananas Anam is a B-Corp™ certified company responsible for …

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Green Boy Group Announces Plant-Based Protein For Alt Dairy Industry

Green Boy
Green Boy Group announced today that it is launching Plant-Dairy Protein™ developed for the plant-based dairy industry from pea, mung bean, fava bean and chickpea, for the production of a range of innovations from vegan cheese, yoghurt, ice cream, spreads, butter, mayonnaise to eggs. Plant-Dairy Protein™ is a 'dairy grade' non-GMO functional plant-based protein powder which reportedly has a neutral …

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Zevia Announces Pricing of Initial Public Offering

Zevia Announces Pricing of Initial Public Offering
LOS ANGELES--(BUSINESS WIRE)--Zevia PBC (NYSE:ZVIA) today announced the pricing of its initial public offering of 10,700,000 shares of its Class A common stock at a public offering price of $14.00 per share. The shares are expected to begin trading on the New York Stock Exchange on July 22, 2021 under the ticker symbol “ZVIA.” In addition, Zevia has granted the …

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Former Dairy Industry Duo Launch New Brand Yoi Inspired by Japanese Fermentaton

YOI PROBIOTIC BEVERAGE
Yoi, a new plant-based food and beverage company, has launched in Bay Area independent grocers this month with a range of probiotic nut and seed milks. Co-founders Ellie Wells and Tosh Nakagawa were inspired by the ancient art of Japanese fermentation and previously worked together in the dairy industry for over a decade. Yoi's flavored beverages are created from simple …

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