A group of Canadian investment and protein firms is looking to raise $200 million in equity capital to finance the next generation of plant-based food processors, according to Real Agriculture. The consortium, led by Bellwood Partners and Champlin Advisory, ultimately aims to build a pool of capital exclusively for the domestic processing sector, says Protein Industries Canada (PIC). To achieve that, the group will first consult an advisory board to identify major barriers to raising capital for plant-based processing. PIC and its partners are expected to contribute $2.4 million to the equity fund, with the larger consortium program contributing an additional $1.8 million.
Exploring the Role of Sprouts Market in Introducing Remarkable Vegan Products
Dairy-identical milk and vegan mycelium meat are just a few products recently launched at Sprouts Farmers Market, a hotspot for innovative foods. Milk and meat are grocery staples and at Sprouts Farmers...
