IKEA is set to release a plant-based meatball across all Australian bistros on October 6. The new plant-based treat was created to look and taste exactly the same as the original meatball, but with sustainable plant-based ingredients.
Gardein, a brand of Conagra Brands, is taking its collection of plant-based meat alternatives from the freezer case to the soup aisle with the debut of five new Gardein Soups, the first-ever line-up of soups featuring plant-based meat alternatives. Delivering "meaty" taste with 100% plant-based ingredients, the soups are destined to be a cold-weather favorite for anyone seeking an alternative to traditional meat-based soups.
When Samir Kaul made the first investment in Impossible Foods, he had one condition for the plant-based meat company’s founder Pat Brown: that he give up his tenured professorship at Stanford University or forgo the chance at funding. Mr Brown agreed, and Mr Kaul made an initial commitment of a few million dollars, making his venture firm, Khosla Ventures, a significant partner in the start-up.
Green Monday Holdings, a provider of plant-based food headquartered in Hong Kong, announced that it has raised US$70 million in a funding round led by TPG’s The Rise Fund and Swire Pacific. New backers including institutional investors CPT Capital, US-based Jefferies Group, and Sino Group’s Ng Family Trust as well as artist Wang Leehom and Room to Read founder John Wood, also participated in the round, which claims to be the largest of its kind to date in Asia.