Company News

Aqua Cultured Foods Appoints Food Industry Celebs to Advisory Board

Chicago’s Aqua Cultured Foods, producer of alt seafood products through microbial fermentation, announces the appointment of three industry heavyweights to its Advisory Board: Chuck Muth, Ingeborg Gasser-Kriss, and Gonzalo Ramírez Martiarena. The female-led food tech startup is developing calamari, shrimp, scallops, and whole cut filets of tuna and whitefish. The company’s fermentation methods are free of any animal inputs, genetic altering or modification and can be marketed as non-GMO. Impressive achievements Since vegconomist first reported on Aqua Cultured — just last June — the company has gone on to achieve a list of accomplishments: closing the largest ever pre-seed round in alt-seafood last October; signing an agreement with Migros, Switzerland’s largest retailer; revealing its first commercial product, alt calamari fries; and announcing advancements in its …

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Founders Chloe Sweden & Ellen Chng © The Green Shoot Institute

Investments & Finance

 The Green Shoot Institute Secures £365K in Pre-Seed For PLANTS + PERKS

The Green Shoot Institute of London has closed an overfunded pre-seed round led by Sustainable Ventures, with backing from Veg Capital and Popsockets. £365k of strategic investment was secured for its PLANTS + PERKS programme which the company says is the world’s first plant-based wellbeing and benefits portal that rewards employees for healthy, sustainable choices. The Green Shoot Institute was founded in 2020 by Chloe Sweden and Ellen Chng with the aim of informing, inspiring and incentivising employees to cut back on meat and dairy for both personal health and the health of the planet. PLANTS + PERKS is the company’s first product and has already launched in the UK, the EU and the US this year with early clients such as Lacoste, UBER and …

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CEO & Co-Founder Julia Stamberger, Planting Hope

CEO & Co-Founder Julia Stamberger, ©Planting Hope

Interviews

Planting Hope: “A Powerhouse Female Leadership Team Working to Disrupt the Plant-Based Category as We Know It”

Canada’s Planting Hope Company, the publicly listed producer of the world’s first commercial sesame milk, was named Most Impactful Sustainable Food & Beverage Company 2021, as well as winner of Best Milk Alternative for Hope and Sesame beverages at Plant-Based World New York. Planting Hope recently announced the acquisition of RightRice for US$7 million. Furthermore, the company announces that its shares have commenced trading on the Frankfurt Stock Exchange under the ticker J94. Continuing this reign of success, the female-led company is set to unveil exciting new product lines at the 2022 Winter Fancy Food Show next month, including RightRice Risotto products and espresso beverages created with the new Hope and Sesame Barista Blend sesamemilk. After such a phenomenally successful few months it was definitely …

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Sea bass sashimi plated Aqua Cultured

©Aqua Cultured Foods

Cultivated Seafood

Aqua Cultured Foods Partners With Switzerland’s Largest Retailer Migros For Ultra-Realistic Alternative Seafood

Following its oversubscribed pre-seed round last month – the largest ever pre-seed in alt-seafood and one of the largest ever in fermented proteins – Chicago startup Aqua Cultured Foods announces the signing of a Proof of Concept (PoC) with Migros, Switzerland’s largest retailer, to expedite development of its fungus-based alt seafood products created through microbial fermentation. “The Swiss market welcomes food tech, and we are ready to introduce the region to the future of alternative proteins.”  The female-led company officially launched this September, announcing it had developed the world’s first whole-muscle cut alt seafood on the market. Aqua Cultured has filed three patents and utilizes biomass fermentation and a proprietary strain of fungi to create sushi-quality filets of tuna and whitefish such as sea bass, …

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Company News

To a Forward-Looking Future: 67% of Blue Horizon’s Investment Team is Now Female

Blue Horizon today announces the appointment of a new female Partner and two female Directors to its investment team. In five years, Blue Horizon has grown to 28 employees, including nine in the investment team which is now 67% female. In this time, the company has raised more than $850 million and invested in over 50 companies spanning agriculture, biology and technology. As we reported last year, research done by Jenny Stojkovic, founder of the Vegan Women Summit, found that female-led companies performed 63% better than all-male founding teams, and businesses founded by women deliver twice as much per dollar invested than those founded by men. The company states that the three new female leaders join “at a time of increasing interest in sustainable food …

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Jennifer Stojkovic VWS

Jennifer Stojkovic © VWS

Interviews

VWS: “The Longer We Leave the Talent and Expertise Of Women On the Table, the Longer We Leave Animals On the Table”

On a mission to inspire, educate and empower future and rising female leaders in food tech, Vegan Women Summit (VWS) is an events and media organization building a global community of strong and ambitious female-identifying change makers.  Founded by tech and communication leader Jennifer Stojkovic, Vegan Women Summit was born as Jennifer became aware of the inequities facing female founders in the food tech industry, blending her passion for change in the food system with her experience and network in Silicon Valley. We had the chance to speak with Jennifer – following her recent epic trip to Mount Kilimanjaro – to get to know more about VWS and its roles and goals in the plant-based sphere.  What is the mission and vision of the Vegan Women Summit?  …

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Interviews

Clive’s Purely Plants: “Being Mission-Aligned With Our Investor Was Non-Negotiable. This is an Exciting New Chapter For Clive’s and We Can’t Wait to Get Started”

Founded in 1986, Clive’s Purely Plants is a household name in the UK, known for its range of hugely popular pies which became 100% vegan last year. Last week the Devon brand announced news of its significant investment from Veg Capital, the plant-based investment firm created by Veganuary founder Matthew Glover. Amid the flurry of growth and expansion plans, with a sales target of £10M for the coming years, Esther Pearson, Managing Director of Clive’s, took a moment to talk with vegconomist about her own plant-based business journey, female empowerment, and the exciting times ahead for Clive’s Purely Plants. Can you tell us more about your personal journey to becoming vegan? I haven’t always been vegan. I grew up in South Africa where eating meat …

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Denise Woodward Partake

©Partake Foods

Company News

Rihanna Invests in Jay-Z’s Favorite Vegan Cookie Producer Partake Foods

Following successful investments from Jay-Z and Grammy-award winning singer H.E.R, the allergy-free brand Partake Foods has raised $4.8 million in a new funding round. Interesting to note is CEO and founder Denise Woodard is the first woman of color to raise $1 million for a food startup. New investors include pop star Rihanna.

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