UK based The Collaborative, previously The Coconut Collaborative, has announced it has secured a $7 million Series A investment from PowerPlant Ventures. The Collaborative, founded in 2014 by brothers Edward and James Averdieck, makes luxury vegan coconut-based yogurts, ice creams, and other desserts.
The Coconut Collaborative’s Plant-Based Double Cre&m to Be Served at Wimbledon
UK alt-dairy brand The Coconut Collaborative has launched a plant-based alternative to double cream. Described as “wonderfully whippable”, the cream will be offered as the dairy-free option at the 2022 Wimbledon Championships. According to The Coconut Collaborative, the Double Cre&m is heat-stable and free of gluten, soy, and palm oil. It is now available at Tesco, Sainsbury’s, and Ocado, along with wholesaler Brakes. “Being chosen as a cream option for the Wimbledon Championships really shows that plant-based is becoming ever more mainstream,” James Averdieck, founder and MD of The Coconut Collaborative, told The Grocer. “We’re hugely proud to have been chosen as a supplier for one of the biggest sporting events of the summer.” US expansion In 2020, The Coconut Collaborative raised $7 million in …
