Actual Veggies Colorful Burger Patties

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Investments & Finance

Actual Veggies Secures $2.3M From High Profile Investors

Plant-based burger company Actual Veggies has raised $2.3 million in its latest funding round, with high profile investors including the venture arm of rapper Post Malone’s management team Electric Feel Ventures. Other backers include ​​English footballer and Inter Miami MLS player Kieran Gibbs, as well as Big Idea Ventures and Rose Street Capital. The New York City-based company, only launched in March of last year, has now secured a total of $2.8 million when combined with its previous funding round from Big Idea Ventures and angel contributions. The firm said it will use the new capital to expand its product assortment, invest in new equipment to streamline production and boost brand awareness through increased marketing efforts. The company currently offers four different SKUs and is …


Close up of a coconut and grounded coconut flakes

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Market & Trends

Market Report: Growth of Coconut Cream Powder

In a new FactMR market report, the market research company forecasts the market development for coconut cream powder from 2018 to 2028, showing that the growing number of vegans is driving sales of coconut cream powder. Growing public awareness of health issues and increasing global lactose intolerance are also factors. In addition, the market for coconut cream powder is expected to be positively influenced by the development of consumer taste preferences.