Nine pioneering companies from across Europe, Mexico, Chile, and India, comprise the sixth cohort of the ProVeg Incubator Programme – the world’s leading incubator of plant-based and cultured food startups, with the latest accelerator programme kicking off yesterday 7th April. This fresh round of innovators looking to make a difference in the future of food ranges from plant-based eggs, chicken, and pet food to mushroom-based meat and dairy made from discarded fruit pits.
Omni Appears on Dragons’ Den, Receiving “Highest Ever Pet Food Valuation”
UK-based alt protein pet food startup Omni has appeared on business pitching TV show Dragons’ Den, achieving what is claimed to be the highest ever pet food valuation seen on the programme. Founders Dr. Guy Sandelowsky and Shiv Sivakumar secured a £75,000 investment from Steven Bartlett and Deborah Meaden in exchange for 2.5% equity. The Dragons were impressed by Omni’s significant growth since its launch in 2021; so far, the company has served over five million plant-based meals to pets in the UK alone, with over 400% sales growth. Omni faced challenges about some of its numbers from Dragons Peter Jones and Tokar Sulyman. In response, Sivakumar explained that while the business spends £40 to acquire a customer, that customer will have a £400 lifetime …