Nabati liquid egg

© Nabati Foods Global Inc.

Nabati Foods Commences Trade on Canadian Stock Market Following Plant-Based Egg Launch

Canadian plant-based producer Nabati Foods continues its recent growth by commencing trade on the Canadian Securities Exchange. The news precedes the North American launch of Nabati Plant Eggz, which the brand claims to be the first Canadian plant-based egg substitute. To celebrate World Egg Day this October 8th, the Nabati Plant Eggz will be available in the US and Canada. Uniquely in the market, the plant-based liquid egg product is soy-free and gluten-free, with Nabati Foods’ mission being to create alternatives that are free from all of the most common allergens. The Edmonton-based food technology company has plans to take the egg product next to Australia and is in the process of filing in Europe and China. The moves form part of Nabati’s global expansion …

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Beyond Investing’s Vegan Climate ETF Celebrates Two Years of Outperforming the S&P 500

Beyond Investing‘s vegan  Exchange Traded Fund, the US Vegan Climate ETF (ticker: VEGN) marks two years since launch with almost $65million in assets and outperformance versus the S&P500 Index since inception VEGN has returned a total of 67.91% vs S&P 500 Index’s 57.07% (on market price) since inception to end of August 2021. Two years ago, when Beyond Investing launched the world’s first vegan-friendly, climate-conscious ETF, its founders say it was an uphill battle to explain why other funds which purported to follow environmental and social principles were actually not doing so. Today, greater understanding of ethical investment, of the dire eco-emergency, and of the need to pay more than lip service to ESG goals has seen the VEGN ETF perform better than the US …

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Alpha Foods Chickenflation

©Alpha Foods

The Alpha Foods ‘Chickenflation’ Campaign to Crash Poultry on the US Stock Market

In the same month that Beyond Meat and Impossible Foods went head to head with plant-based chicken launches, closely followed by Field Roast rolling out its vegan tenders en masse in CostCo; California’s Alpha Foods yesterday began a bold campaign to capitalise on the increase in poultry prices and bring attention to plant-based chicken. Alpha says it will closely monitor the “chickenflation crisis” at www.chickenflation.com and decrease the price of its Chik’n Nuggets by a cent for every cent that the price of chicken increases. During the campaign, consumers will be able to claim coupons for Alpha Chik’n Nuggets from street teams in Times Square. To bring further visibility to this important issue, Alpha will take over the digital billboard at NASDAQ in New York …

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Claire Smith: CEO & Founder at Beyond Impact

© Beyond Impact

Canada’s Plant Veda Announces Claire Smith as Company Board Member & Listing on Frankfurt Stock Exchange

Plant Veda Foods Ltd. announces today the onboarding of Company Board Member, Claire Smith, Founder and Principal at Beyond Impact Vegan Advisors. Earlier this month the company, which creates one-of-a-kind and first-to-market alt dairy products such as the “world’s first” vegan lassi, began trading on the Canadian Securities Exchange under the ticker symbol “MILK”. Claire has been part of Plant Veda‘s board of directors since 2020, following an investment in the Company by Beyond Impact Vegan Partners LP. Claire has over 35 years of experience in capital markets previously working at global investment banks and investment houses, with her vegan lifestyle and environmentalism leading to the founding of humane investment platform, Beyond Investing. Beyond Investing creates a platform for investments driven by animal-rights advocates and …

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Eat Just to Pursue Potential IPO to the Tune of $3 Billion?

After recently raising $170 million for the expansion of its cell-based meat division GOOD MEAT, San Francisco startup Eat Just is considering making moves towards an IPO in Q4 of this year or Q1 of the next. With a target valuation of $3 billion, the IPO could potentially establish Just Eat at the forefront of the cell-cultured meat revolution.  According to a report from Forbes, the producer of the industry-disrupting plant-based JUST Egg is targeting “at least” $3 billion in valuation in its potential public listing, with Co-founder and CEO Josh Tetrick confirming an IPO is “definitely getting closer.” Recently named as a “World-Changing Company of the Year” by Fast Company, Eat Just is said to be on track to reach several breakthroughs with its …

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©Yumy Bear

Founder Erica WIlliams ©Yumy Bear

Canada’s Female-Owned Vegan Candy Brand Yumy Bear Reveals $50M IPO

Canadian confectionery brand Yumy Bear – the low-sugar, vegan gummy specialist – will begin trading on the Canadian Securities Exchange (CSE) in July under the symbol “YUMY”. The female-led startup anticipates a $50 million enterprise value, while also revealing plans for US expansion in 2022. “Unique gummy candy that is delicious and optimal for health-conscious people that also care about animal welfare”  Based in Vancouver, Yumy Bear was launched by fitness coach and athlete Erica Williams. After identifying a market gap for healthier and more affordable candy alternatives, Yummy Bear was born, using a proprietary formulation process that allows juicier and softer texture using plant-based ingredients. The company has already raised $2.5 million in an oversubscribed round and hopes the IPO will attract new investors, …

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Plant Veda

©Plant Veda

Canada: Alt Dairy Innovator Plant Veda Goes Public Under Ticker “MILK”

Award-winning alt dairy company Plant Veda Foods Ltd has announced that its common shares will begin trading on the Canadian Securities Exchange under the ticker symbol “MILK”. The British Columbian brand creates one-of-a-kind and first-to-market alt dairy products such as the “world’s first” vegan lassi.  On a mission to accelerate humanity’s shift to a plant-based lifestyle, Plant Veda is currently developing a cutting-edge production facility capable of supporting over $10 million in annual sales. The alt dairy brand also recently closed an oversubscribed financing round in connection with going public.  Currently, Plant Veda’s three product categories include its award-winning probiotic lassi, coffee creamer, and plant-based milks in a variety of flavors, with new product categories in late testing and packaging design stages. Plant Veda’s upward …

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Oatly range

© OatlyAB

Oatly Celebrates Successful IPO, Now Has Enterprise Value of Almost $13 Billion

The Swedish oat specialist Oatly celebrated its successful stock market debut on the NASDAQ yesterday (Thursday) and has far exceeded its target of 1.65 billion dollars. In total, Oatly was able to raise almost 2.12 billion US dollars and intends to use the funds to finance further business growth. The company’s new investors include well-known names such as US presenter Oprah Winfrey, rapper Jay-Z, actress Natalie Portman and former Starbucks boss Howard Schultz, while the majority shareholder remains the investment company Verlinvest. The company’s shares were offered at an issue price of 17 dollars, and the first price at the end of the day was 22.12 dollars, an increase of almost 25 percent. With the successful IPO, Oatly can now look forward to a company …

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Toni Petersson, CEO Oatly.

Oatly CEO Toni Peterson, Image by Lars Jansson

Oatly Commences Hotly Anticipated IPO With $10Bn Target Valuation

Oatly Group AB announces today Tues 11th May that it has commenced its IPO of 84,376,000 American Depositary Shares, each representing one ordinary share offered by Oatly and certain selling shareholders. Around 20 million of those shares were from existing investors, who include Oprah Winfrey, Natalie Portman and Jay-Z. Oatly will list its shares under “OTLY” on Nasdaq.

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MeaTech

©MeatTech

MeaTech, The First Publicly Traded Cultured Meat Company, Announces Financial Results

The first publicly traded cultured meat company, MeaTech, which develops cell cultured meat production capabilities including its proprietary three-dimensional printing technology, biotechnology processes, and customizable manufacturing processes for slaughter-free real meat manufacturing, today announced its financial results for the year ended December 31, 2020. Its 2020 year-end cash position was $13.5 million ($8.5 million pro-forma to POM acquisition) with a further $28 million raised as part of the Nasdaq listing, bringing current cash position to $33.5 million. In addition to several funding rounds in 2020 totaling $15 million, MeaTech raised $28 million in a public offering of ADSs on the Nasdaq in March 2021. MeaTech is the first cultured meat company to be publicly traded in the US. This week, its subsidiary MeaTech Europe, has …

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Globally Local FB

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Globally Local Goes Public Tomorrow as World’s First Publicly Traded Vegan Fast-Food Company

Globally Local Technologies Inc., parent company of fast-food chain Globally Local, which currently operates eight locations in Canada with plans for 20 outlets across North America in the next year including the US, is to debut tomorrow on the Toronto Stock Exchange’s Venture Exchange under the symbol GBLY. The company says the listing will make it the first vegan first fast-food chain in the world to become publicly listed.

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