Plant-Based Meal Replacement Brand Sperri Launches in the U.S.
Sperri, a Canadian company specializing in plant-based meal replacement beverages, has recently received new funding aimed at supporting its expansion into the US market. This...
Tag : Vegetarian and Vegan
Italy’s Gruppo Tonazzo Shifts to a Plant-Based Future, Leaving Meat Behind
Italian manufacturer Gruppo Tonazzo has made a pivotal decision to halt all operations involving meat products by the end of this year. This strategic shift...
Matr Foods Secures EU Funding for Large-Scale Plant-Based Meat Production Facility
Matr Foods, a Denmark-based start-up specializing in plant-based meat alternatives, has successfully secured a €20 million ($22.1 million) loan from the European Investment Bank (EIB)....
Australia’s Proform Foods Exits Administration and Enters Liquidation
Proform Foods, an Australian alternative meat company, has officially entered liquidation following the appointment of administrators in May. A final meeting of the company’s creditors...
Formo Secures Investment from Rewe for Animal-Free Cheese Production
Animal-free cheese start-up Formo has successfully secured $61 million in Series B funding from notable investors, including German retail leader REWE. Founded in 2019 and...
Planted Chooses Germany for Its Second Alternative Meat Production Facility
Planted is set to boost its production capacity by establishing a second factory dedicated to meat alternatives. This initiative aims to enhance the output of...
Bikaji Foods Announces Acquisition of Controlling Stake in Indian Competitor Ariba Foods
Bikaji Foods International has strategically acquired a majority stake in its Indian counterpart, Ariba Foods, marking a significant move in the food and beverage industry....
The ToFoo Co. Secures Investment from Comitis Capital
The ToFoo Co., a UK-based plant-based protein producer, has secured an undisclosed investment from Comitis Capital, a growth investment firm located in Germany. As trends...
US Moves Forward in Efforts to Lower Salt Levels in Packaged Foods
The US Food and Drug Administration (FDA) is advancing its initiative to prompt food manufacturers to significantly decrease sodium levels in their products. Ultimately, the...
Akua Shuts Down Kelp-Based Protein Venture
Akua, a New York-based start-up specializing in plant-based products derived from kelp seaweed, has announced its closure. Co-founder and CEO Courtney Boyd Meyers disclosed on...