Vegano, Canada’s first 100% plant-based meal-kit delivery service, announces it has closed a $4.2 million Series A round, more than doubling its original target of $2 million, bringing its total funding to $6 million and its post-money valuation to $14 million. Founder Conor Power says there are plans for the company to become publicly listed later in 2021, at which point there will be a further fundraise.
Bryan Adams-Backed bettermoo(d) Considers Public Listing
Plant-based dairy alternative company bettermoo(d) announces the completion of its Moodrink and reveals its upcoming product launches. Furthermore, bettermoo(d) announces the signature of an agreement with Happy Supplements Inc., for a potential public transaction that would result in the Company shares being listed on the Canadian securities exchange. Upon successful negotiations and mutual agreement, the company is poised to complete the major transaction, whereby Happy Supplements would acquire all the outstanding share capital of bettermoo(d) for consideration of 9 million shares and 10 million warrants in Happy Supplements. bettermoo(d)’s unique selling proposition lays in the company’s claim that its plant-based dairy products achieve a matching taste profile with the best-tasting dairy in the world sourced in Alpine regions. In order to emulate the taste of …
