Agronomics, a leading investor in cultivated meat and alternative protein, based in the UK’s Isle of Man, announces a $5 million subscription with cellular aquaculture specialist BlueNalu, stating it will be paid using cash from its own resources.
Investments & Finance
Eat Beyond Global Holdings Will Today Begin Trading on Canadian Securities Exchange
Eat Beyond Global Holdings Inc, an investment issuer focused on the global plant-based and alternative food sector, is announcing that it has received approval to list its common shares on the Canadian Securities Exchange (the “CSE”). The common shares will commence trading under the trading symbol “EATS” today, November 17, 2020.
SunOpta to Invest $26M in Oat Processing Facility to Meet Demand for Plant Milks
SunOpta, Inc., a producer of organic and plant-based products, has announced it will invest $26M into its Minnesota-based oat processing facility. The expansion will help it meet the rising demand for oat milk in the USA.
Beyond Meat Announces CVS Launch, Reverses Stock Losses Due to McDonald’s Collaboration
Beyond Meat has announced that its plant-based burgers and meatballs will be sold at CVS pharmacies across the US from January. The burgers will be available at 7,000 locations, while the meatballs will be stocked at 5,000 stores. Beyond has also hinted that its other products may eventually be stocked by the chain.
Nordic Meat Giant Invests KR 4Million For Smoothie Company to Develop Chicken From Potatoes
Scandi Standard, the leading producer of chicken products in the Nordic region and Ireland, just announced a partnership with the Swedish food development company Veg of Lund, which is best- known for its smoothies. Together they want to develop an innovative chicken alternative based on locally produced potatoes.
Argentine Company Vegan Nature Invests USD $250.000 in New Production Plant
Argentinian plant-based food production company, Vegan Nature, has announced the opening of its new production plant, worth $20 million pesos (approximately 250,000 US dollars), in the town of San Martín, some 20 kilometres from the capital of Buenos Aires.
McDonalds Canada Ends Trial of the PLT, Beyond Meat Shares Drop 7% and McDonalds Stock Down 1%
The trial that was taking place in McDonalds Canada for the offering of a plantbased burger called the PLT, containing a Beyond Meat patty, has come to what both parties are referring to as a natural conclusion. According to CNBC, shares of Beyond Meat fell 7% in morning trading and McDonald’s stock was trading down 1%.
The Very Good Butcher, World’s Second Plant-Based IPO, Sees Shares Increase by 790% in First Week of Trading
Following the success of Beyond Meat’s IPO last year, The Very Good Food Company (VGF) was the second plant-based company to successfully launch onto the stock market when it began trade began under the ticker “VERY” on 18th June. Investor Eat Beyond Global Holdings has announced it has already seen a 790% increase in share price.
Beyond Investing, World’s First Vegan-Friendly Stock Index, Celebrates Two-Year Anniversary and Significant Growth
Beyond Investing‘s US Vegan Climate Index has today reported significant outperformance versus the market as it celebrates its second birthday. Since its launch, VEGAN has exhibited lower carbon, waste and water footprints per unit of revenue versus the S&P500 Index and most ESG indexes.
Delivery Service Allplants Raises Record Sum Through Crowdfunding
British vegan food delivery service allplants, run by brothers Alex and Jonathan Petrides, raised a record sum of over £4.5 million pounds through a crowdfunding campaign on the Seedrs platform. The original target was initially 2 million pounds, but this sum was reached after only 48 hours.
Beyond Stock up by 520%
Shares for Beyond Meat have reportedly risen by 69% as of Thursday’s close. On Monday, the price per share had hit $168.10 per share — almost seven times more than the original IPO of $25. This means that stock in BYND has increased more than 520% since it launched as a public company on 1st May.