UK tempeh brand Tiba Tempeh has raised over £1.1 million in funding. The round was led by Maven Capital Partners through its Northern Powerhouse Investment Fund II, supported by the British Business Bank. Perfect Redd, the venture capital arm of Samworth Brothers, also made a follow-on investment. The funding will be used to enhance Tiba Tempeh’s marketing, sales, and product development, with new product launches planned for 2025. The news comes after Tiba Tempeh saw its retail sales value increase by a huge 736% in the past year, reportedly becoming the fastest growing brand in the UK chilled meat-free category*. The company has contributed £1.2 million in retail sales value over the past year, as demand for less processed meat alternatives continues to rise. Tiba …
It’s been a good news week for plant-based at UK supermarket chain Morrisons, which operates around 500 stores across England, Wales, Scotland, and Gibraltar. HAPPIEE! this week rolled out its frozen plant-based seafood into 327 Morrisons locations, and One Planet Pizza landed its second major UK supermarket launch through the same chain, with its frozen category first vegan Tex Mex pizza. Now, Tiba Tempeh announces its launch into 327 Morrisons stores with its Original Tempeh Block and Plant-Based Mince. Tiba Tempeh’s new Plant-Based Mince is described by the company — founded in 2019 by Alex and Ross Longton, with experience at Kraft Heinz and other food industry leaders — as the only 100% natural and organic plant-based mince on the market. The mince rolled out …
UK-based Tiba Tempeh, on a mission to grow the meat-free category by making tempeh more accessible to mainstream consumers, announces a fresh pack design and new plant-based mince as well as a listing at over 400 Sainsbury’s stores across the country. The brand claims its newly launched Tempeh Mince, first available in Ocado from May 2024, is the only plant-based mince to contain 100% natural and organic ingredients. Along with a “vibrant, fresher and foodie packaging design” that rolls out across the full range, featuring easy recipe suggestions, the brand has launched its Original Tempeh Block and Sweet Chilli Marinated Tempeh Pieces into more than 400 Sainsbury’s stores. The launch is to be supported by a strong activation plan including digital posters, e-commerce, and promotions. …
British startup Tiba Tempeh has raised £500,000 in a seed funding round led by Lever VC. The company will use the funding to launch more products, make new hires, and increase its marketing efforts. Tiba Tempeh was founded by Alex and Ross Longton, who have both previously held senior roles at Kraft Heinz and other major food corporations. In 2019, the pair decided to use their experience to launch a plant-based food company, making it easier for consumers to eat a healthy diet. Tiba Tempeh is available diced and marinated in several flavours such as Sweet Chilli, Curry Spiced, and Soy Marinade. The tempeh is suitable for use in dishes such as curries and stir-fries, and the company has also recently launched what it claims …
Vegan ready meal delivery service Planty launched across the UK in July of this year following a successful trial in London. This month the young startup secured £150,000 in seed funding from Veg Capital. Continuing its success, Planty now partners with Tiba Tempeh as part of a new range of healthy ready meal options.
