World Vegan Day

Image: vegconomist


Messages From Vegan Business Leaders on World Vegan Day, Part 3

In this third and final installment of our World Vegan Day special, we feature valuable insights from and words of solidarity from: CEO of The Vegetarian Butcher, Hugo Verkuil; CEO of Let’s Plant Meat, Smith Taweelerdniti; founder of Plantform and Boldy Foods, Allen Zelden; founder of Fenn Foods, Alejandro Cancino; CEO of Libre Foods, Alan Iván Ramos; and CEO of Impact Food, Kelly Pan. These messages come to us from each corner of the planet, with the founders located in Thailand; Australia; The Netherlands; Catalonia, Spain; and San Francisco, California. We asked: as we approach the end of what has been a turbulent year for many in the business, what is your message for the plant-based industry as we look ahead to 2024? Hugo Verkuil, …


vEEF and LOVE BUDS merge to become the Aussie Plant Based Co

© vEEF

Company News

vEEF Merges With LOVE BUDS to Form The Aussie Plant Based Co

Two Australian brands — Fenn Foods’ vEEF and All G Foods’ LOVE BUDS — have announced that they are merging to form a new company called The Aussie Plant Based Co. vEEF and LOVE BUDS are both leaders in the plant-based meat category, in retail and food service respectively. The strategic merger will grant The Aussie Plant Based Co access to 6,000 distribution points across Australia, along with a manufacturing hub on the Sunshine Coast. Demand for plant-based foods is growing rapidly in Australia; recent research found that 19% of Australians are eating a flexitarian diet, while 6% are vegetarian or vegan. The Aussie Plant Based Co hopes to cater to this demand and eventually expand into Asia and the Middle East. “Leading the Australian …


Fenn Foods becomes certified carbon-neutral

© Fenn Foods

Sustainability / Environment

Fenn Foods Becomes Australia’s First Certified Carbon-Neutral Plant-Based Food Company

Australia’s Fenn Foods, best known for its vEEF range of meat alternatives, has become the country’s first plant-based food producer to be certified carbon-neutral. vEEF plant-based mince was the first of Fenn’s products to be certified, in 2018. Two years later, Fenn told vegconomist that it aimed for all products and the entire company to eventually be carbon-neutral — a goal that has now been achieved. To be certified, Fenn Foods’ ingredients, products, packaging, practices, and even its employees’ commutes had to be rigorously audited by the Carbon Reduction Institute. Fenn then purchased accredited carbon offsets to counter all potential emissions. Sustainable meat alternatives Fenn Foods offers a range of retail products under the vEEF brand, including burgers, meatballs, and chicken alternatives. A selection of …


Fënn Foods raises $3 million

Executive chairman Mr. Nicholas Simms. © Fënn Foods

Investments & Finance

Fënn Foods Raises $3M in Oversubscribed Private Capital Raise

Fënn Foods raises $3 million to meet increasing demand and expand internationally. Australian plant-based foods producer Fënn Foods has announced an oversubscribed private capital raise from investors including leading fund manager Bombora Investment Management. This is an especially noteworthy investment partner considering  Bombora Special Investments Growth Fund’s track record and tendency to invest in high growth, pre-IPO companies and listed equities. “This injection of capital enables us to increase our investment in innovation, marketing and production, allowing us to meet the increasing demand for vEEF® products, enter new categories and explore distribution into select international markets,” said Mr Nicholas Simms, Executive Chairman for Fënn Foods. Fënn saw rapid growth last year, with its products now stocked in major retail stores such as Woolworths and Coles. …


Fenn Foods vEEF Hello Fresh

©Hello Fresh

Products & Launches

Australia’s Largest Meal Kit Brand Hello Fresh Partners With Fenn Foods

Home delivery meal-kit market leader Hello Fresh is expanding its vegan offerings in Australia by entering a new partnership with Fenn Foods. Australian plant-based producer Fenn Foods will be supplying vEEF, its carbon neutral certified, plant-based mince.  Hello Fresh, the largest meal-kit brand in Australia, will be utilising the plant-based meat from Fenn Foods as an ingredient in their ‘Chilli Cin Carne’ recipe. More recipes are set to be released in the near future. The move by industry leader Hello Fresh confirms the growing demand for plant-based options, as well as setting the standard for other meal delivery services. It is not the first time Fenn Foods has collaborated with other food producers, as it recently teamed up with Australian plant-based ready meal company Flave …


Alejandro Fenn Foods

©Fenn Foods


Fenn Foods: “Our Goal is to Have the Whole Company and All of our Products Carbon Neutral by 2022”

Introducing Australia’s Fenn Foods – producer of plant meat of plant meats with a difference, with the tagline, “At last, a meat-free option that’s better than the real thing.” Fenn Foods created the world’s first carbon-neutral, plant-based mince, pioneering a move that co-founder and CEO Alejandro Cancino hopes and believes will catch on.