Beyond Investing, which describes itself as the world’s only vegan investment platform, has announced it is launching five new investment products in collaboration with its affiliate Beyond Impact.
Beyond Impact Provides Funding for Vegan Collagen, Cultivated Foie Gras & More
In February of last year, Beyond Impact launched its second venture capital fund to invest in early-stage vegan and cruelty-free companies. Since then, Beyond has provided funding to eight businesses, with 60% of these described as “ingredient and technology companies acting as enablers/capacity builders to make alternative proteins more feasible, scalable, affordable, and palatable”. A recent GFI report notes that increased investment in B2B businesses focused on ingredients and equipment will be vital to help the alt protein sector scale up. Examples of the investments include: Paleo, Belgium — A precision fermentation company producing key ingredients for use in alt meat products, such as an alternative to heme. Beyond recently participated in Paleo’s €12 million Series A round. Algama Foods, France — Transforming algae into …
