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Vegan Chocolate Hummus Raises $600K on Shark Tank

Venture capitalist Mark Cuban commits more than half a million dollars in exchange for 25 percent equity in vegan startup Delighted by Hummus.

Vegan company Delighted by Hummus raised $600,000 in capital funding during a recent episode of investment reality series Shark Tank. The offer was made by venture capitalist Mark Cuban, who successfully negotiated a 25-percent equity holding with Delighted by Hummus founder MaKenzie Marzluff. The company impressed the show’s investors with its innovative take on hummus—with dessert flavors that Cuban believes will not directly compete with the savory hummus varieties currently on the market. Marzluff revealed that her brand—which makes hummus flavors such as Brownie Batter, Snickerdoodle, Vanilla Bean, and Choco-Mint—made $1 million in gross sales in the 13 months after debuting on shelves at select retail outlets nationwide.

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Vegan Senator Cory Booker Launches Podcast

The senator launched his Lift Every Voice podcast on Martin Luther King, Jr. Day to elevate the voices of activists fighting for social justice.
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Danone Shuts Down its Milk Business in India

The French company—which recently acquired plant-based brands Silk, So Delicious, and Vega—discontinued its non-profitable dairy line in India to focus on more nutritional products.
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Will Algae Be the Hottest New Plant-Based Protein?

San Diego scientists believe a strain of wild algae will be a sustainable way to feed plant-based protein to the growing global population.
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Miyoko's Kitchen Debuts Three Vegan Pub Cheeses

The artisanal vegan cheese brand is stepping into the new year with new packaging and a line of new flavors.
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Ben & Jerry's Debuts Two New Vegan Ice Cream Flavors

Non-dairy pints now comprise 20 percent of the iconic ice cream brand's products thanks to the addition of two vegan versions of fan-favorite flavors.
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This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

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