Friday, September 22, 2023

Emerging vegan businesses to get an investment boost from Seedrs and Vevolution

Seedrs, the private investment platform, and Vevolution, the global investment marketplace for plant-based and cell-ag fundraising opportunities, have revealed a new partnership to increase investment in plant-based and cell-based businesses.

Both platforms have long supported Europe’s $1.3bn (and growing) vegan market. Seedrs previous successful campaigns include Allplants (£4.5m), The Vegan Kind (£600k), THIS (£4.4m). In 2021 alone, Vevolution facilitated partial or full funding into 25 startups including MeliBio, Evo Foods, Jellatech, Opalia, and more.

This new partnership expands the investment opportunities open to startups in the plant-based and cell-based economy who are meeting the needs of increasingly socially conscientious consumers. As part of the new agreement, plant-based businesses will be able to use Vevolution’s network to source lead investors as well as have the opportunity to tap into Seedrs’ strong investment community for equity crowdfunding, allowing them to build a more diverse investor base as they grow.

Kirsty Grant, Seedrs chief investment officer, said: “The vegan market is one of the fastest growing sectors in the UK and Europe, with appetite to invest in the sector remaining high. Teaming up with the Vevolution team means that entrepreneurs in the space have the ability to source their entire investment needs from investment and market experts.”

Erik Amundson, Managing Director and co-founder of Vevolution, added: “It’s the perfect partnership. Often companies need the lead investment from Vevolution to get a crowdfunding campaign off the ground. We are dedicated to supporting the global movement for plant-powered positive change in the world. To do this we need to connect these exciting startups with smart money. By working in partnership with Seedrs we are broadening the access to investors from our network of angel investors and Seedrs community of retail investors that believe in the movement.”

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