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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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IKEA to Debut Vegan Hot Dog at Boston Music Festival

The furniture superstore's newest plant-based food option will make its first appearance at music festival Boston Calling this weekend before expanding to IKEA locations nationwide this fall.
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Paul McCartney: "Meat-Free Is the New Rock and Roll"

McCartney reminisces about a time when meatless entreés meant a plate of steamed vegetables and believes that in 25 years, vegetarian diets will be the norm.
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Impossible Burger is Now Certified Kosher

The Orthodox Union deemed the plant-based patty kosher, broadening Impossible Burger's customer base to include those with religious dietary restrictions.
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Residents to Sue Iowa Over Hog Factory Farm Emissions

Factory farms in the largest hog-producing state in the United States are under fire for spewing toxic, ammonia-filled air into local communities.
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Oat-Based Milk Brand Launches Vegan Ice Cream Line

Swedish vegan milk brand Oatly debuts five flavors of oat-based ice cream.
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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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