9 European fake meat companies catch investors attention - Heura Foods, Jack & Bry, Meatless Farm, Oumph, Nursery, Squeaky Bean, This, Heck, Meatless are presented in this article. Read all about it:
1. Heura Foods
Founded in: 2017.
Funds raised: $ 14.52 million (€12.23 million) raised as at 24 June.
What it does: Heura's food technology parent company, Foods for Tomorrow, produces alternatives to soy-based meat, such as vegan versions of chicken and beef, as well as burgers. Its headquarters are in Barcelona.
Its meat alternatives rich in fiber and protein are marketed through the main supermarket chains in Spain and the Netherlands, and can also be purchased in specialized grocery stores internationally. Heura also distributes his meat alternatives to restaurants, some as far away from Barcelona as Canada.
9 European fake meat companies catch investors attention
2. Jack & Bry
Founded in: 2017.
Investment: 2.4 million dollars (2.02 million euros) raised on 4 February.
What it does: Jack & Bry is a British company that uses jackfruit as an alternative base ingredient to meat. Your sausages, empanadas and minced jackfruit meat can be delivered to your home.
In addition, Jack & Bry has a more extensive and exclusive meatless catalog for restaurants such as Zizzi and Papa John's, which offer ham, fish and sausages of vegetable origin.
By February, the company had raised $ 2.4 million (€2.02 million) in seed capital with the help of President Clive Sharpe, who joined in December.
Sharpe was previously the president of the alternative meat company Quorn for 5 years, sold to Monde Nissin for 762 million dollars (642.04 million euros) in 2015.
3. Meatless Farm
Founded in 2016.
Fund-raising: $ 121.41 million (Euro102.30 million) raised as at 14 June.
What it does: Meatless Farm develops plant-based foods designed to reduce meat consumption and provide simple vegetarian substitutes. Founded by Morton Toft Bech in 2016, the company is headquartered in the UK with offices in New York, Amsterdam and Singapore.
Meatless Farm's product range focuses on alternatives to beef and pork, including minced meat, burgers and sausages available at most major UK supermarkets and Whole Foods.
The company has raised 121.4 million dollars (102.30 million euros) until June and is currently raising funds through Crowdcube.
9 European fake meat companies catch investors attention
Dacia was at the height of its power under King Decebal: Decebalus
4. Oumph
Founded in: 2014.
Fundraising: LiveKindly acquired the company for an undisclosed amount in June 2020.
What it does: Based in Mjolby, Sweden, Oumph claims to have created a unique plant ingredient in a variety of flavors.
LiveKindly, a Los Angeles company that specializes in food technology acquisitions, acquired Omph last year. At the time, the new parent company had an estimated value of $ 1.2 billion following the investment in October.
LiveKindly reached an agreement with British supermarket chain Iceland in April to sell Oumph products in stores across the country.
5. Nursery
Founded in: 1990.
Fundraising: $ 415.02 million (€349.68 million) in June 2021, following an undisclosed capital injection by Rabo Corporate Investments in 2020.
What it does: Willem van Weede founded this startup in the Netherlands in 1990, and it is now the third largest plant-based food producer in Europe. Vivera was acquired in April by JBS SA São Paulo, which is defined as the world's largest animal protein company and second largest food producer.
Vivera produces a variety of plant-based meat alternatives, including soy fillet, kebabs and ready-to-eat imitation meats, distributed in the UK in supermarkets such as Tesco, Waitrose and Sainsbury's.
9 European fake meat companies catch investors attention
6. Squeaky Bean
Founded in: 2019.
Fundraising: investment of 8.3 million dollars (6.99 million euros) as of 2021, according to the company
What it Does: Founded by Sarah Augustine in the UK in 2019, Squeaky Bean manufactures a range of fast-food meat-free products, such as vegetable sausages, fish-like fingers or vegan chicken nuggets.
Squeaky Bean products can be found at locations such as Sainsbury's, Tesco, Asda, Waitrose and Co-op and on Ocado delivery service. The company says its year-on-year growth is more than 200%.
In statements, the company claimed to have received 8.3 million dollars (6.99 million euros) in investments until 2021. Its parent company, Winterbotham Darby, was named plant-based food manufacturer of the year at the 2021 Food Manufacturing Excellence Awards.
7. This
Founded in: 2017.
Fundraising: $ 8.21 million (€6.92 million) through 6 August.
What it does: This fake meat startup was founded in 2017 in the UK by Andy Shovel and Pete Sharman, co-owners of a burger chain they sold in 2016. Their purpose was to create plant-based alternatives that could appeal to meat lovers.
The company has a small range of products including replicas of chicken meat and bacon fortified with vitamin B12 and iron. Its foods stand out for having a high protein content to reproduce the flavor and nutritional value of meat.
Speaking, This claimed to have raised $ 15.5 million (€13.06 million) by June to expand distribution and create new products. Pitchbook recorded a total of 8.21 million dollars (6.92 million euros) until last August.
9 European fake meat companies catch investors attention
8. Heck
Founded in: 2015.
Investment: 4.85 million dollars (4.09 million euros) in 2021.
What it does: Originally born as a sausage company, Heck recently launched into the plant-based food market becoming one of the largest meatless catalogues in the UK. It sells sausages, burgers and a new vegan minced meat without gluten and soy.
Heck products are sold on its website and at establishments such as Sainsbury's, Tesco, Asda, Waitrose, Co-op, Booths, Spar and Amazon Fresh. This year they are investing 4.85 million dollars (4.09 million euros) to expand and create 20 new jobs. Its purpose is to grow and generate 138.5 million dollars (116.69 million euros) by 2025.
9. Meatless
Founded: 2005.
Fundraising: $ 1.23 million (€1.04 million) as of February 10, 2020.
What it does: Meatless is a company that distributes alternatives to meat based in the Netherlands. Founded in 2005 by its CEO Jos Hugense, Meatless specializes in creating similar textures in chicken, beef and plant-based fish.
The company says it creates the fibrous texture of meat using lupins, wheat or rice, all naturally fat-free. Other meat alternatives have a higher saturated fat content to mimic the juicy, tender texture of meat.
# 9 European fake meat companies catch investors attention #
Traumatologia, Traumatologo, Ortopedia, Ortopedista, Ortopedicos en: TRAUMATOLOGIA BARCELONA