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VegTech Plant-based Innovation & Climate ETF Launches on New York Stock Exchange

VegTech™ Plant-based Innovation & Climate ETF (Ticker: EATV), a global ETF of publicly-traded plant-based innovation companies, has launched on the New York Stock Exchange.  The first financial product from the VegTech™ Invest advisory, the VegTech™ ETF (Ticker EATV), includes 37 publicly traded companies actively innovating with plants and plant-derived ingredients and producing primary products that are animal-free.  VegTech™ Invest advisors, Elysabeth Alfano and Sasha Goodman, say they feel these companies positively impact climate change as well as solve some of the world’s most pressing problems such as food security, deforestation, animal cruelty and growing public health concerns. VegTech™: A Pure-Play in Plant-Based Innovation “We are excited to be what we believe is the first pure-play ETF that invests in companies innovating with plants and producing …

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Fresh Factory listed

©The Fresh Factory

Plant-Based Accelerator Backed by Kimbal Musk Debuts on Canadian Stock Exchange

The Fresh Factory, a vertically integrated platform for launching clean-label plant-based foods, announced it has joined the Canadian Stock Exchange (CSE symbol: FRSH) in a bid to attract that country’s venture capitalists. Headquartered just outside of Chicago, The Fresh Factory was created to accelerate the growth of healthier plant-based products. Led by a team of food and marketing veterans, including good food advocate Kimbal Musk, it operates a fully-equipped manufacturing facility that can quickly launch and scale innovative new brands. Such speed is invaluable, according to the company, because most current food and beverage infrastructure is designed for large brands with huge production runs, and is thus often limited and inefficient. In contrast, Fresh Factory’s flexibility and smaller run sizes allow it to meet the …

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Odd Burger founders

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Odd Burger Enters European Market, Now Trading On Frankfurt Stock Exchange

Odd Burger, the first vegan fast-food chain to go public, today announces it has entered the Frankfurt Stock Exchange to begin trade in the European market, and that it has received eligibility from the Depository Trust Company (DTC), enabling its stock to be more easily purchased by US investors. The Toronto-based company has begun trade under the symbol IA9 on the Frankfurt Stock Exchange, the twelfth largest stock exchange in the world by market capitalization, and the largest in Germany. In addition, Odd Burger has changed its U.S. ticker symbol on the OTCQB to ODDAF.   Odd Burger currently operates six locations, plus four in development, with plans to have 20 restaurants operational by this time next year throughout the US and Canada. Previously known …

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Chobani Oat Drinks four flavors

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US Yogurt Maker Chobani Files for Expected $10Bn IPO Following 14% Sales Increase 

Greek yogurt maker Chobani has filed for an IPO and will trade on the Nasdaq under the ticker symbol CHO, with the equity sale expected to value the business at over $10 billion. The New York-based company has been moving increasingly into alt dairy with a selection of plant-based offerings along with its conventional lines.  Meaning shepherd in Turkish, Chobani was founded in 2005 by Hamdi Ulukaya, a Turkish immigrant to the US who bought an old yogurt plant with a small loan. The company revealed its finances for the first time in its filing for an IPO, showing a nearly 14% jump in net sales. Chobani has expanded with a plant-based range of oat-based drinks, cultured oat blends, dairy-free Greek yogurts, and probiotic drinks …

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Beyond Burger 3.0

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Beyond Meat Shares Drop as Revenue Falls Short of Expectations  

Beyond Meat’s stock dropped 19% in premarket trading this Thursday after the company reported a loss in its third-quarter financial results. Higher costs ate into profits while revenue fell short of analysts’ estimates. “We believe we are steadily executing against our vision of being tomorrow’s global protein company” – Ethan Brown The alt meat giant also disappointed investors with its revenue outlook for the fourth quarter, with revenue down 13.9% compared with a year ago, owing to weaker grocery demand. The company has been investing significantly in new product development of late, including its alt chicken offering and a host of new potential markets. “Our third quarter results reflect variability as we saw a decline from record net revenues just a quarter ago. Despite current …

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More Food Innotech More Meat

©More Food Innotech

Thailand’s V Foods Plans Public Listing Following Thai Union Deal

Thai plant-based food and beverage producer V Foods has announced its intention to list on the Market for Alternative Investment (MAI) to raise funds for expansion. Owned by Apirak Kosayodhin, the former Bangkok governor, V Foods transformed into a fully plant-based operation earlier this year to meet rising demand in Thailand.  In June this year, V Foods signed a memorandum of understanding with seafood giant Thai Union Group to develop and expand their plant-based food businesses. Under the partnership deal, the two companies will use Thai Union’s facilities to produce V Foods’ range with expansion into global markets high on the agenda. V Foods holds a similar deal with More Food Innotech, producer and distributor of the More Meat plant-based brand. The MAI is a …

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Nabati liquid egg

© Nabati Foods Global Inc.

Nabati Foods Commences Trade on Canadian Stock Market Following Plant-Based Egg Launch

Canadian plant-based producer Nabati Foods continues its recent growth by commencing trade on the Canadian Securities Exchange. The news precedes the North American launch of Nabati Plant Eggz, which the brand claims to be the first Canadian plant-based egg substitute. To celebrate World Egg Day this October 8th, the Nabati Plant Eggz will be available in the US and Canada. Uniquely in the market, the plant-based liquid egg product is soy-free and gluten-free, with Nabati Foods’ mission being to create alternatives that are free from all of the most common allergens. The Edmonton-based food technology company has plans to take the egg product next to Australia and is in the process of filing in Europe and China. The moves form part of Nabati’s global expansion …

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Beyond Investing’s Vegan Climate ETF Celebrates Two Years of Outperforming the S&P 500

Beyond Investing‘s vegan  Exchange Traded Fund, the US Vegan Climate ETF (ticker: VEGN) marks two years since launch with almost $65million in assets and outperformance versus the S&P500 Index since inception VEGN has returned a total of 67.91% vs S&P 500 Index’s 57.07% (on market price) since inception to end of August 2021. Two years ago, when Beyond Investing launched the world’s first vegan-friendly, climate-conscious ETF, its founders say it was an uphill battle to explain why other funds which purported to follow environmental and social principles were actually not doing so. Today, greater understanding of ethical investment, of the dire eco-emergency, and of the need to pay more than lip service to ESG goals has seen the VEGN ETF perform better than the US …

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Alpha Foods Chickenflation

©Alpha Foods

The Alpha Foods ‘Chickenflation’ Campaign to Crash Poultry on the US Stock Market

In the same month that Beyond Meat and Impossible Foods went head to head with plant-based chicken launches, closely followed by Field Roast rolling out its vegan tenders en masse in CostCo; California’s Alpha Foods yesterday began a bold campaign to capitalise on the increase in poultry prices and bring attention to plant-based chicken. Alpha says it will closely monitor the “chickenflation crisis” at www.chickenflation.com and decrease the price of its Chik’n Nuggets by a cent for every cent that the price of chicken increases. During the campaign, consumers will be able to claim coupons for Alpha Chik’n Nuggets from street teams in Times Square. To bring further visibility to this important issue, Alpha will take over the digital billboard at NASDAQ in New York …

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Claire Smith: CEO & Founder at Beyond Impact

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Canada’s Plant Veda Announces Claire Smith as Company Board Member & Listing on Frankfurt Stock Exchange

Plant Veda Foods Ltd. announces today the onboarding of Company Board Member, Claire Smith, Founder and Principal at Beyond Impact Vegan Advisors. Earlier this month the company, which creates one-of-a-kind and first-to-market alt dairy products such as the “world’s first” vegan lassi, began trading on the Canadian Securities Exchange under the ticker symbol “MILK”. Claire has been part of Plant Veda‘s board of directors since 2020, following an investment in the Company by Beyond Impact Vegan Partners LP. Claire has over 35 years of experience in capital markets previously working at global investment banks and investment houses, with her vegan lifestyle and environmentalism leading to the founding of humane investment platform, Beyond Investing. Beyond Investing creates a platform for investments driven by animal-rights advocates and …

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Founder Erica WIlliams ©Yumy Bear

Canada’s Female-Owned Vegan Candy Brand Yumy Bear Reveals $50M IPO

Canadian confectionery brand Yumy Bear – the low-sugar, vegan gummy specialist – will begin trading on the Canadian Securities Exchange (CSE) in July under the symbol “YUMY”. The female-led startup anticipates a $50 million enterprise value, while also revealing plans for US expansion in 2022. “Unique gummy candy that is delicious and optimal for health-conscious people that also care about animal welfare”  Based in Vancouver, Yumy Bear was launched by fitness coach and athlete Erica Williams. After identifying a market gap for healthier and more affordable candy alternatives, Yummy Bear was born, using a proprietary formulation process that allows juicier and softer texture using plant-based ingredients. The company has already raised $2.5 million in an oversubscribed round and hopes the IPO will attract new investors, …

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Plant Veda

©Plant Veda

Canada: Alt Dairy Innovator Plant Veda Goes Public Under Ticker “MILK”

Award-winning alt dairy company Plant Veda Foods Ltd has announced that its common shares will begin trading on the Canadian Securities Exchange under the ticker symbol “MILK”. The British Columbian brand creates one-of-a-kind and first-to-market alt dairy products such as the “world’s first” vegan lassi.  On a mission to accelerate humanity’s shift to a plant-based lifestyle, Plant Veda is currently developing a cutting-edge production facility capable of supporting over $10 million in annual sales. The alt dairy brand also recently closed an oversubscribed financing round in connection with going public.  Currently, Plant Veda’s three product categories include its award-winning probiotic lassi, coffee creamer, and plant-based milks in a variety of flavors, with new product categories in late testing and packaging design stages. Plant Veda’s upward …

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Oatly range

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Oatly Celebrates Successful IPO, Now Has Enterprise Value of Almost $13 Billion

The Swedish oat specialist Oatly celebrated its successful stock market debut on the NASDAQ yesterday (Thursday) and has far exceeded its target of 1.65 billion dollars. In total, Oatly was able to raise almost 2.12 billion US dollars and intends to use the funds to finance further business growth. The company’s new investors include well-known names such as US presenter Oprah Winfrey, rapper Jay-Z, actress Natalie Portman and former Starbucks boss Howard Schultz, while the majority shareholder remains the investment company Verlinvest. The company’s shares were offered at an issue price of 17 dollars, and the first price at the end of the day was 22.12 dollars, an increase of almost 25 percent. With the successful IPO, Oatly can now look forward to a company …

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