Fundraising: Latest News 2022 - vegconomist: the vegan business magazine

©THIS

THIS – Fastest Growing Alt Meat Brand in UK – Launches Crowdfunding Campaign

May 17, 2022

The UK’s fastest-growing plant-based meat brand, THIS, has launched a crowdfunding campaign to help accelerate its continued growth. The award-winning alt meat brand is expected to launch one of the largest campaigns on the Seedrs crowdfunding platform, offering consumers investment opportunities for as little as £10. THIS recorded 333% YOY net sales growth in 2021, outperforming its rivals in the increasingly competitive plant-based meat category. The new campaign will help …

©Mooji Meats

Mooji Meats is Using Better 3D Printing to Scale Whole Cut Plant-Based and Cultured Meat

May 4, 2022

Mooji Meats, a 3D printing plant-based meat startup, has raised $3M in seed funding to advance its 3D printing technology. A graduate of Y Combinator, Mooji Meats has developed a printer that can produce whole cuts of meat using plant-based or cultivated meat cells, including Wagyu beef, reports TechCrunch. Founded in Baltimore in 2021 by Insa Mohr and Jochen Mueller, Mooji is focusing on larger cuts of meat rather than …

Founder Crica Wolthers. © Vegan Business

Vegan Business Raises R$1.5M for Vegan Brazilian Companies in Just Three Months

May 2, 2022

Equity crowdfunding platform Vegan Business has helped three vegan Brazilian companies raise a combined R$1.5M in the space of three months. Over 2000 Brazilians have now signed up to the platform, which is the first of its kind exclusively for vegan businesses in Brazil. The amount of funding raised so far is impressive, given that Vegan Business only received authorization to operate from the Brazilian Securities and Exchange Commission late …

Canada’s CrushDynamics Raises $3.6M to Upcycle Wine Industry Waste For Alt Protein

April 30, 2022April 29, 2022

CrushDynamics, formerly Winecrush Technology Inc, contacts vegconomist to report it has raised $3.6 million in Seed 2 financing. The British Colombia based company is upcycling grape derivatives to produce nutritious plant-based foods. Interestingly, CrushDynamics reports that it has partnered with Protein Industry Canada, Lumi Foods and Save-On-Foods in an “initiative to create the next generation of plant-based cheese using Canadian-grown oats, legumes and pulses.” The company’s mission is to turn …

Neat Food Co/ Burger Leonardo DiCaprio Invests

©Neat Burger

Leonardo DiCaprio Now an Investor in Lewis Hamilton’s Neat Food Co

April 28, 2022April 28, 2022

The NEAT Food Co, the UK vegan fast food chain backed by Lewis Hamilton, reveals actor Leonardo DiCaprio has joined the group as a strategic investor. Bloomberg reports that NEAT’s most recent valuation is $100 million. Today, Thursday April 28th, NEAT is also initiating a $30M Series B funding round to accelerate its growth, according to the company’s press release. The news is part of an omnibus of major developments …

Brazil’s Novah! Raises R$600,000 Through Equity Crowdfunding Platform Vegan Business

April 27, 2022

Brazil’s Novah! has become the third company to secure funding through the plant-based equity crowdfunding platform Vegan Business. The cashew cheese brand raised R$600,000 ($120,400) in just nine hours, with participation from 108 investors. Novah’s current portfolio includes five varieties of plant-based cheese (mozzarella, provolone, fresh, cheddar, and cottage cheese) and three cheesecakes (red fruits, coffee with ganache, and passion fruit). The brand intends to use the new funding to …

©Mikuna Foods

Mikuna Raises $5.6M in Seed to Scale Clean Lupin-Based Protein “Chocho”

April 15, 2022April 14, 2022

Plant-based protein brand Mikuna announces it has closed an oversubscribed $5.6 million seed round to fuel the company’s scaling and US nationwide launch next year. The round also saw the appointment of Tara Kriese as the company’s new CEO. Just one ingredient Launched in 2021, Mikuna is the first company to introduce Chocho protein to the US market. Made from Andean-grown lupins, Mikuna says Chocho is a regenerative superfood that …

Heura Raises €4M in Just 12 Hours in Crowdfunding Campaign

April 14, 2022

Heura, one of the fastest-growing plant-based companies in Europe, has smashed its crowdfunding target of €1 million in just 30 minutes. Through its second Equity for Good Rebels crowdfunding campaign, Heura has gone on to raise more than €4 million in just 12 hours. Featuring over 4,500 crowdfunding investors from around the world, the second Equity for Good Rebels campaign on the Crowdcube platform has raised over 4X more than …

©Crump

Hemp-Based Crump Could Revolutionize Alt Meat Market, Claims The Naturist

April 12, 2022

Estonian start-up The Naturist claims to have perfected the formula for its hemp-based vegan meat, Crump. After partnering with a research facility that has dedicated the past two decades to developing the Crump formula, the startup has launched a crowdfunding campaign to launch its hemp-based meat innovation. Crump is a hemp-based protein crumble made to replace ground beef which takes only five minutes to prepare. The brand claims the vegan …

Umiami Raises “Largest Ever” $30M Funding Amid Whole Cut Chick*n Scale-Up

April 6, 2022April 6, 2022

Umiami, the French food tech startup, has raised what it claims is the largest ever Series A financing in Europe within the plant-based meat market. Rasing $30 million from investors including the French government, Umiami has also announced the industrialization of its plant-based chicken breast production. After two years of R&D, Umiami has now finalized its first whole chicken breast based on 100% plant proteins and will open an industrial …

MycoTechnology Closes $85M Series E, Bringing Total Raise to $200M, in Preparation for IPO?

May 4, 2022March 30, 2022

MycoTechnology, Inc., which describes itself as the world’s leading explorer of mushroom mycelia, announces it has closed a Series E round of $85 million bringing its total to over $200M. Notable returning investors in the round include Tyson Ventures and Maple Leaf Foods. IPO in late 2022? Tyson, Greenleaf Foods, and Kellogg’s were notable participants in the company’s August 2020 Series D, during which an IPO for late 2022 was …

Dharma Southern Kitchen Chicken Sandwich

Dharma Southern Kitchen Announces Huge Expansion Plan for US Southeast and Beyond

March 26, 2022March 25, 2022

Dharma Southern Kitchen, a vegan comfort food restaurant based in Orlando, FL, has announced it is expanding in Florida throughout 2022, and embarking on a strategic growth plan for the Southeast US and beyond in 2023. Through a new investment fund campaign, the chain intends to open company or franchise locations in every major US city in the next five to eight years. Southern with a vegan twist Dharma says …

©MeliBio

MeliBio Secures $5.7 Million in Seed Funding to Disrupt Global Honey Industry

March 17, 2022March 17, 2022

MeliBio, the world’s first company making real honey without bees, announces a $5.7 million seed funding raise to commercialize its first line of bee-free honey. The seed round, led by Astanor Ventures, brings the startup’s total funding to $7.2 million to date. The raise follows a successful test launch of MeliBio’s honey in four New York City restaurants and at one CPG company, and the startup will now begin scaling …

Estonia: ProProtein Opens Seed Round for Cow-Free Casein

March 7, 2022

ProProtein, the female-driven Estonian alt dairy startup, has initiated a seed funding round to develop its precision fermentation platform. Looking for €700,000, ProProtein aims to develop scalable biotech to produce dairy proteins from yeast. Through March and April, ProProtein will be raising its seed round funding, following the company’s announcement of a successful casein expression by co-founder and CSO Tiina Tamm PhD. Caseins are essential functional proteins in milk that …

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