What’s Going On In The Vegan Corporate Business World

Share on facebook
Share on twitter
Share on pinterest
Share on linkedin
Share on telegram
Share on reddit
Share on whatsapp
Share on email

businesses are scaling their production, research and development, and new infrastructure to meet global continuously increasing demand.

Lately, the whole industry is being driven by a large number of celebrity investments (musicians, athletes, actors, etc.) which pump the valuations of these companies to multi-billion outcomes. 

The growth of the movement continues to exceed expectations and the protein alternatives are at the forefront of technologies and business.

Here are a few samples of the latest on what’s been happening in the business world.

Wicked Kitchen 

brand Wicked Kitchen has raised in a Series A funding around $14 million. Owned by world-renowned vegan chefs, brothers Derek and Chad Sarno the brand also recently announced it was launching in the US. This follows their incredible success in the UK since debuting in Tesco stores nationwide.

Nobell Foods 

cheese company Nobell Foods recently raised USD 100M million in a Series-B funding round. Among its supporters is actor and investors is IronMans Robert Downey Jr. and Bill GatesThe brand is commended for its ability to mimic the stretchy texture of the real thing. Founder Magi Richani recreates casein, which is the protein in dairy, using soybean seeds.


Protera is a bioscience company using artificial intelligence to create proteins, they have recently raised $10 million in funding. This will help scale the manufacturing of its artificial preservatives that aim to extend the shelf lives of products.


Technology firm NovoNutrients uses industrial carbon dioxide emissions to create ‘high-grade’ proteins.

This procedure involves microbial fermentation. They’ve just raised $4.7 million from Hong-Kong based Venture Capital Firm Happiness Capital, taking it to a total of $9 million, they hope to become the world’s biggest provider of proteins.

Sojaprotein and ADM sign deal

One of southern Europe’s biggest plant-based protein producers, Sojaprotein recently signed a deal with ADM.  ADM is a US-based multinational food processing firm claiming they’ve invented the first Soy Burger.

Other investments made by ADM include PlantPlus Foods, and a pea protein plant in the US. Additionally, it’s teamed up with Perfect Day to create dairy proteins using microbial fermentation.

Sojaprotein has grown geometrically since its formation back in 1977. Last year alone, they’ve made more than $100 million in sales. The firm produces non-GMO soy ingredients and now joins more plant-based businesses under the umbrella of  ADM. Sojaprotein’s majority owner is MK Group. Vice President Aleksandar Kostić revealed: “Consumers today are looking for more from their foods and drinks – they want great-tasting products and sustainable sources of proteins.


WM Partners acquires Vega

WM Partners recently announced the acquisition of Vega, a Canadian plant-based protein brand. The nutrition band will join the company’s portfolio of health-focused firms, including Ultima Replenisher, Jade Leaf, and FGO.

Share with friends:

Share on facebook
Share on twitter
Share on pinterest
Share on linkedin
Share on telegram
Share on reddit
Share on whatsapp
Share on email

Leave a Reply

Your email address will not be published. Required fields are marked *

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Plant-Based Chewing Gum Aims To Prevent COVID-19 Transmission
UB40 Released A Vegan “Red, Red Wine”
Real Madrid Partners Plant-Based Brand To Reduce Meat Consumption And Promote ‘Sustainable Eating Habits’
Vegan Shrimp Hitting Restaurant Across The Us
Bill Gates Recommends To Move to 100% Plant-Based Beef To Fight Climate Crisis
Germany’s Commitments For 2022: Animal Welfare Labels On Meat And Plant-Based Push
This 2022 is the new German government’s first in power, and with its arrival a lot of animal...
Subway To Release Vegan Chicken Sub For Veganuary
International sandwich chain Subway will be adding a new vegan chicken product to its menu...
Beyond’s Meatless Chicken Arrives at KFC
For the last couple of weeks, the world of vegan food news is getting exciting from the previous...
Fish From The Desert?. Israeli Start-Up To Launch World’s First’ Vegan Salmon Fillet
The once small niche vegan and vegetarian food scene are now filled with options. Today, consumers...
Ben & Jerry’s Releases Its 20th Vegan Flavor. Somebody Said Bananas?
Ice cream company Ben & Jerry’s started in 2022  and they are going bananas. Not one,...
Dairy-Free Greek Salad
A fresh salad recipe for how to quickly turn your almond milk leftovers into feta crumbles...