Following the previous acquisitions of Fry Family Food Co., LikeMeat, Oumph!, and the online media platform LIVEKINDLY; LIVEKINDLY Collective today announces it has purchased Iceland Foods’ No Meat. It is also announced that Iceland will begin to sell LIVEKINDLY Collective’s existing brands, as listed above, from April.
Iceland’s Loki Foods Raises $650K for Whole Cut Plant-Based Cod
Iceland’s Loki Foods has raised $650,000 in its pre-seed funding round. Investors in the round included Sustainable Food Ventures, Kale United, VegInvest, and Lifely VC, among others. The alt-seafood producer, which claims to be the first of its kind in Iceland, will use the funding to further develop its plant-based Atlantic cod fillet. Loki Foods describes the white fish alternative as “plant-based cod that cooks like cod”, adding that it is high in protein, vitamins, and omega 3 and 6 fatty acids. The product is said to be better for the environment than conventional cod, requiring less land and water and generating less waste. Additionally, it is free of microplastics and other pollutants often found in conventional seafood. Whole-cut fish alternatives Worldwide, companies are taking …