Impossible Foods FB

©Impossible Foods

Stock market

Is Impossible Foods Readying For a $10 Billion Public Listing?

According to a Reuters report which cites unnamed sources, Impossible Foods may be preparing for a public listing in the next 12 months which could either take the form of an IPO or a merger with a special purpose acquisition company (SPAC), at a reported value of $10 billion or over. Reuters states that Impossible has already raised $1.5 billion privately.

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Nabati Foods

©Nabati Foods

Stock market

Canada’s Nabati Foods Raises $7.7 M, Plans to Go Public

Nabati Foods Global Inc, a family-founded food tech company offering whole, natural, plant-based, gluten, and soy-free foods, today announces a capital raise of $7.7 million following a year of “explosive growth” and a restructuring to Nabati Foods Global Inc. with a new corporate headquarters in Vancouver. The company also states its plans to become a publicly listed company in the near future. 

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Vegano meal kit

©Vegano

Investments & Finance

Canada’s First Vegan Meal Kit Service Vegano Secures $4.2M in Series A, Plans to Go Public

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.

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Very Good Butcher

©The Very Good Butcher

Company News

The Very Good Food Company Announces Upsize Of Bought Deal Financing to the Tune of $5.2M

The Very Good Food Company Inc, which owns The Very Good Butcher, the second plantbased meat company to go public last month, announces it has entered into an agreement with Canaccord Genuity Corp. to purchase an aggregate of 4,000,000 units at a price of $1.30 per Unit for a total offering of $5,200,000.

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