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Beyond Burger 3.0

©Beyond Meat

Beyond Meat Posts Second-Largest Net Revenue in Q2, But Missed Earnings Lead to Layoffs and Cutbacks

On Thursday, plant protein leader Beyond Meat (NASDAQ: BYND) reported its 2nd quarter results for 2022, and the company’s missed earnings have led to some layoffs and lowered revenue prospects amid ongoing economic turbulence. Net revenues for Q2 in 2022 were $147.0 million, a decrease of 1.6% year-over-year. The company posted a gross profit loss of $6.2 million, or a gross margin of -4.2% of net revenues. Beyond also decreased …

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Steakholder Logo

©Steakholder Foods

MeaTech 3D Changes Name to Steakholder Foods to “Cultivate New Community of Meat Lovers”

MeaTech 3D Ltd., the first world’s first publicly listed cultivated meat company, announces it is changing its name to Steakholder Foods Ltd. (Nasdaq: STKH.) The new name is intended to reflect the company’s commitment to building a strong community of meat lovers who support changing the world through cultured meat production.  Founded in Israel, Steakholder is a leading innovator in the cultivated meat industry, having developed cutting-edge technology and processes …

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Martijn Rozemuller CEO Europe VanEck

Martijn Rozemuller CEO Europe ©VanEck

VanEck Launches New ETF for Global Alt Protein & Sustainable Food Production 

Global investment manager VanEck has launched a new European exchange-traded fund (ETF) for sustainable food companies. With the aim of providing exposure to companies such as plant-based meat and dairy producers, VanEck claims the ETF provides an efficient vehicle for accessing the companies benefitting from these long-term structural trends.  With global population increases and climate change-related disruptions to an already fragile food system, ETF and mutual fund manager VanEck recognizes …

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VegTech ETF

©Lien Pham

VegTech and Top Investors Celebrate NYSE Listing of EATV – First Plant-Based Innovation ETF

On June 23rd, VegTech Invest gathered nearly 100 investors, bankers, innovators and Broadway entertainers to celebrate the listing of the VegTech Plant-based Innovation & Climate ETF (NYSE: EATV) on the New York Stock Exchange. The event included a visit to the exchange floor for a fund overview and a toast by members of The Good Food Institute. VegTech Invest advises the VegTech ETF, which first launched in December 2021 as …

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Moolec Science

©Moolec Science

$504M Moolec to Become “World’s First” Molecular Farming FoodTech Listed on Nasdaq

Moolec Science has entered a new business agreement that will see it become the first molecular farming foodtech to be listed on Nasdaq. The foodtech ingredient pioneer is aiming to become a category creator in the alternative protein landscape and has entered a definitive business combination agreement with LightJump Acquisition Corp, a special purpose acquisition company. UK-based Moolec focuses on developing real animal proteins in plants using molecular farming; a …

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chicken factory farm

©Dusko-stock.adobe.com

VegTech Invest Releases Video Describing Harmful Effects of Animal Ag For Earth Day

VegTech™ Invest, advisor to the VegTech Plant-based Innovation financial products, including the VegTech™ Plant-based Innovation & Alternative Proteins Index (Ticker EATVI), releases a no holds barred video for Earth Day, intending to educate the public on animal ag’s negative practices.  Animal ag: outdated in every way  “Animal agriculture is the leading cause of deforestation, a major contributor to climate change, and an inefficient, resource-intensive system that isn’t capable of feeding …

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Very Good Butchers Burger

© The Very Good Food Company

After Terminating CEO, The Very Good Food Company Embarks on New Strategy

The Very Good Food Company, the parent company of Canadian plant-based meat producer The Very Good Butchers, (NASDAQ: VGFC)  is undertaking a new profit strategy following the departures of CEO Mitchell Scott and co-founder James Davison.  In a statement, the company announced Scott was terminated while Davison resigned as Chief Research and Development Officer. The shakeup comes as Very Good faces considerable difficulty in turning a profit – the company …

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Planet Based Foods Hemp Burger

©Planet Based Foods

Planet Based Foods Gets New Listing on OTCQB Market and DTC Approval

Planet Based Foods, which produces hemp-based meat products, announces the company has begun trading its subordinate voting shares on the US-based OTCQB equity market under the symbol “PBFFF”. In addition to trading in the US, Planet Based Foods’ subordinate voting shares continue to trade on the Canadian Securities Exchange (CSE)  as “PBF” and the German Börse Frankfurt (FRA) exchange under the symbol “AZ0”. Planet Based says the move will increase …

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Mushroom MycoTechnology

© MycoTechnology

MycoTechnology Closes $85M Series E, Bringing Total Raise to $200M, in Preparation for IPO?

MycoTechnology, Inc., which describes itself as the world’s leading explorer of mushroom mycelia, announces it has closed a Series E round of $85 million bringing its total to over $200M. Notable returning investors in the round include Tyson Ventures and Maple Leaf Foods. IPO in late 2022? Tyson, Greenleaf Foods, and Kellogg’s were notable participants in the company’s August 2020 Series D, during which an IPO for late 2022 was …

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VegTech Invest logo square

©VegTech Invest

VegTech Invest Launches First Plant-based Innovation & Alternative Proteins Index

VegTech Invest, the firm behind the first Plant-based Innovation & Climate ETF (NYSE: EATV), is officially launching the VegTech™ Plant-based Innovation & Alternative Proteins Index. Calculated and distributed by Morningstar Indexes, the new index aims to lead and define a new global investment category.  According to VegTech, the index also serves as a benchmark for the emerging plant-based and alt-protein sector. It focuses on large, mid-, and small-cap companies that …

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Wall Street Green Summit logo

©Wall Street Green Summit

Wall Street Green Summit to Feature Elysabeth Alfano as Key Speaker on Plant-Based Investing

The premier ESG and sustainability investing summit, Wall Street Green Summit, has invited plant-based business expert and CEO Elysabeth Alfano to talk about sustainable investing through plant-based innovation and alternative proteins. The event takes place from March 28-31. Elysabeth is the CEO of VegTech™ Invest and advisor to the active VegTech Plant-based Innovation & Climate ETF (Ticker EATV). Elysabeth states: “This year’s summit is focused on the two hottest sustainable …

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VegTech Invest logo square

©VegTech Invest

VegTech Plant-based Innovation & Climate ETF Launches on New York Stock Exchange

VegTech™ Plant-based Innovation & Climate ETF (Ticker: EATV), a global ETF of publicly-traded plant-based innovation companies, has launched on the New York Stock Exchange.  The first financial product from the VegTech™ Invest advisory, the VegTech™ ETF (Ticker EATV), includes 37 publicly traded companies actively innovating with plants and plant-derived ingredients and producing primary products that are animal-free.  VegTech™ Invest advisors, Elysabeth Alfano and Sasha Goodman, say they feel these companies …

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Fresh Factory listed

©The Fresh Factory

Plant-Based Accelerator Backed by Kimbal Musk Debuts on Canadian Stock Exchange

The Fresh Factory, a vertically integrated platform for launching clean-label plant-based foods, announced it has joined the Canadian Stock Exchange (CSE symbol: FRSH) in a bid to attract that country’s venture capitalists. Headquartered just outside of Chicago, The Fresh Factory was created to accelerate the growth of healthier plant-based products. Led by a team of food and marketing veterans, including good food advocate Kimbal Musk, it operates a fully-equipped manufacturing …

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Odd Burger founders

©Odd Burger

Odd Burger Enters European Market, Now Trading On Frankfurt Stock Exchange

Odd Burger, the first vegan fast-food chain to go public, today announces it has entered the Frankfurt Stock Exchange to begin trade in the European market, and that it has received eligibility from the Depository Trust Company (DTC), enabling its stock to be more easily purchased by US investors. The Toronto-based company has begun trade under the symbol IA9 on the Frankfurt Stock Exchange, the twelfth largest stock exchange in …

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