Plant-Based Business News

Hooray Foods just announced that it plans to expand its business and production capabilities, welcoming former CEO of Dunkin’ David Hoffman as a key investor and advisor. The California-based vegan bacon brand recently secured a $2.7 million ...

Since Impossible Foods released its groundbreaking plant-based burger in 2016, the pioneering vegan protein company has facilitated some of the biggest leaps for the plant-based industry. Following years of sustainable innovation, Impossible just announced that it secured another $500 million during its latest funding round, nearing an unprecedented $2 billion in total investments. The... Read Mor

Nestle just lead a $4 million investment round for an upcoming food tech startup out of California, delving deeper into its plant-based investments. The Swiss food giant helped Sundial Foods secure its largest investment, aiming to assist the company’s development of super-realistic chicken wings. Sund...

The worldwide meat and dairy industries have started shifting product development towards more sustainable options as consumer interest veers into plant-based foods. From Tyson to Cargill, meat companies have noticed the plant-based trend and have worked to accommodate the rising vegan consumer base. Now, the...

The plant-based protein market is getting as hot as a grill on the Fourth of July, as competition for consumers looking to buy meat alternatives is growing. The latest player to challenge the heavy hitters, Impossible and Beyond Meat, is a Brazilian upstart that just raised $58 million to take America by storm called Future Farm. The food tech...

Fish alternatives seem to be jumping out of the water as new plant-based seafood products rapidly reach stores, restaurants, and plates worldwide. Companies like Gathered Foods, BlueNalu, and New Wave Foods have paved the way for the plant-based fish market, raising more than $116 million in investment capital in the first half of 2021. The Good Food Institute...

Lightlife is a company on the move. First, it challenged the big two plant-based burger makers to make cleaner meat, taking out ads in major newspapers to point out that its paddies have fewer additives. Then it released an ad campaign narrated by Awkafina to encourage plant-based eating. Now the Canad...

Ashton Kutcher and talent manager Guy Oseary just announced that they are investing in cultivated meat company MeaTech 3D to develop "clean meat" alternatives for the masses. The food tech company has become one of the first movers in the rapidly growing cultivated meat industry, but the celebrity endorsement aims to propel it and the industry into the public spotlight. The partnership w

California-based Ripple Foods launched in 2016 to develop pea-based milk and has now secured a $60 million Series E funding round. The company announced that the investment package will be allocated to expand its plant-based milk production, aiming to both increase its commercial outreach and expand its product selection. The innova...

Cell-based dairy pioneer Perfect Day just secured $350 million in its Series D funding round, making it the most funded fermentation-based company. The food tech company’s funding now totals $750 million, pushing its innovative dairy-identical products to the forefront of the industry. The compa...