November 23, 2021
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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:
1 | AllPlants |
2 | Simple Feast |
3 | Planted Foods |
4 | The Meatless Farm |
5 | THIS |
6 | Huel |
7 | Heura Foods |
8 | Simris |
9 | Activate |
10 | Strong Roots |
11 | Nourished |
12 | VeganNation |
13 | The Cheeky Panda |
14 | SagaNatura |
15 | Vegetarian Express |
16 | BYBI |
17 | Neat Burger |
18 | The Collaborative |
19 | Sproud |
20 | Olygose |
21 | TheVeganKind |
22 | Hooked Foods |
23 | Plant Jammer |
24 | Three Spirit |
25 | Alver World SA |
26 | VFC Foods |
27 | Epycure |
28 | Better Nature |
29 | Kazidomi |
30 | Ready Burger |
“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.”
Source: Vegconomist.com