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Plant-Based Investors Unite to Form Influential Group

Trade group Plant Based Food Association welcomes 10 leading investment groups to help advance the vegan revolution.

Trade group Plant Based Food Association (PBFA) announced this week an initiative to create a coalition of investment firms interested in supporting plant-based businesses. The group is now comprised of 10 founding investment firms, including New Crop Capital (an investor in vegan cheese brand Miyoko's Kitchen), Lyra Growth Partners (created by plant-based nutrition company Vega founder Charles Chang), and Blue Horizon (an investor in fish-free seafood company Ocean Hugger Foods). “As investors in Next Level Burger and other plant-based food businesses,” Nicole Brodeur, another founding investment member, said, “we believe a food revolution is underway. The collective work the PBFA is doing is essential to helping that revolution succeed.” According to PBFA executive director Michele Simon, the group will have access to industry data and introductions to early-stage startups, and join PBFA’s network of member companies, affiliates, and advisors to move the food industry in the plant-based direction.

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Tyson to Launch Plant-Based Meal Bowls

The meat company is disrupting itself to stay competitive as consumer habits shift toward animal-free foods.
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Pregnant Sisters Launch Vegan Dessert Sushi Brand

Vegan Rice Krispies Treats stand-in for sushi rice, and gelatin-free candies replace fish in creations made by sisters Kasia Mierzejewska and Emilia Augustyn for their allergen-free brand Sweet Sushi Factory.
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PG Tips Creates New Tea Aimed at Vegan Consumers

The nearly 90-year-old tea brand formulated a new blend that pairs perfectly with plant-based milk.
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Australia's First Vegan Hotel Restaurant Opens in March

New eatery Alibi—featuring a menu developed by vegan restaurateur Matthew Kenney—will occupy the ground floor of Ovolo Hotel in Sydney.
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Miami's Plant-Based SEED Food & Wine Festival Debuts in LA

SEED and Eat Drink Vegan will join forces this year to bring an epic vegan festival to Los Angeles.
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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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