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.
COP28 Set to Finally Address Food System for Climate Change, Catering Will Be “Predominantly” Plant-Based
COP28, the annual UN environmental summit taking place this year in Dubai from November 30 to December 12, will emphasize the imperative of a global dietary shift to combat climate change, representing...
