Tiba Tempeh Receives New Investment to Expand its Sustainable Food Mission
UK plant-based brand Tiba Tempeh announces it has received investment from Samworth Brothers to support growth in the UK and other European markets. The partnership, which involves an undisclosed equity investment in the brand, will support Tiba Tempeh’s product innovation and marketing strategies, such as brand and consumer awareness. According to The Grocer, the brand expanded into Europe for the first time last month, launching nationwide in Spain’s famous department store El Corte Inglés and plans to launch new products for the food service sector soon. Inspiring people to eat more naturally Inspired by tempeh’s Indonesian roots, Kraft Heinz veterans Alex and Ross founded Tiba Tempeh in London in 2019. In January 2022, the brand closed a £500K seed funding round led by Lever VC, which …