Danish plant-based food company Simple Feast has launched a crowdfunding campaign on Crowdcube. The campaign launched for pre-registered investors on April 12 and is now open to the public. It was only last week that Simple Feast launched in the US, but it has big plans to expand across the country. The company hopes that the crowdfunder will expedite the expansion process, as well as helping it launch in other countries.
Simple Feast, a Danish mealbox startup launched in 2017, announces it has secured a total of $33 million in a Series B round led by venture capital firm 14W, with participation from Balderton Capital. The Series A involved Sweet Capital, byFounders and again Balderton Capital. Its total investment is now in the range of $50 million.
According to the Danish vegan meal delivery service Simple Feast, Danish citizens eat between 90 and 100 kilograms of meat every year. In order to avoid a “climate catastrophe” and to improve citizens’ health, the company now wants to help reduce meat consumption. To support consumers through this process, the company has developed the “Quit Meat” helpline.
Simple Feast, a Danish delivery service founded in 2015, offers its customers sustainable vegetarian and vegan meals and delivers them entirely in biodegradable packaging cartons. To accelerate its goal of being “the most sustainable menu service in the world”, the company has now raised $12 million in investment capital. According to a TechCrunch report, the financing round was led by London-based Balderton Capital with 14W and existing investors Sweet Capital and ByFounders. Jakob Jønck, CEO and co-founder of Simple Feast, said: “Climate change is real. There is no planet B, and we are facing probably the greatest challenge in human history”. By predominantly offering plant-based menus and not using plastic or polystyrene for its packaging, the new delivery service wants to reduce its negative environmental …
A Danish startup has arrived onto the vegan scene with hopes of changing the delivery food game. Simple Feast delivers sustainable food in biodegradable boxes, and just announced the investment of $12 million in a funding round led by Balderton Capital in London, with 14W in New York and existing investors Sweet Capital and ByFounders also participating.