November 23, 2021
A study by kitchen suppliers has revealed the 30 most funded plant-based companies in Europe, with British meal delivery service taking the top spot.
Following its , the largest ever for a European plant-based company, allplants has now raised a total of over $1 billion (€63,047,234) in funding from 54 investors. The company has previously told vegconomist it aims to become .
Another meal delivery service, Denmark’s Simple Feast, takes second place with €51,754,871 in funding. The company has raised funds via as well as more traditional routes, and successfully earlier this year. Swiss company Planet Foods is in third place with €47,268,210.
Two British alt-meat companies — and — complete the top five. The UK dominates the list, accounting for 16 of the top 30 companies — others include in sixth place, in 16th, in 21st, and in 26th. Other notable mentions are Spain’s and Sweden’s and , in seventh, 19th, and 22nd places respectively.
The full list is as follows:
|4||The Meatless Farm|
|13||The Cheeky Panda|
|25||Alver World SA|
“Plant-based is the future of nutrition, with more people switching to a vegan diet in order to preserve the planet and decrease their carbon footprint,” said a spokesperson for Maxima Kitchen Equipment. “Our study shows how much effort there is behind this pledge, with plenty of investors – 134 among our top five alone – confident that making sure plant-based alternatives are available for everyone, everywhere is a lucrative business strategy.”