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.
Burger King teases vegan bacon cheeseburger launch as it announces partnership with plant-based meat brand
Author: Maria Chiorando Burger King's vegan bacon cheeseburger will boast rashers by La Vie, which is partnering with the fast-food chain to create new meat-free options Burger King is set to launch new...
