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VANCOUVER, BC, March 9, 2021 /PRNewswire/ Vegano, Canada s first 100% plant-based meal-kit delivery service, announced today that it had completed a $4.2 million Series A fundraising round. The investment round brings Vegano s funding to $6 million since it was founded in March 2020 and its post-money valuation to $14 million. Vegano will use the funding towards its go-to-market strategy, business development and marketing efforts, accelerating new product development, and preparing for the launch of its vegan marketplace this coming April.
Vegano logo against white background
This round of financing adds to the already strong year for Vegano, which officially launched its service on Jan. 4, 2021, and has delivered over 2,000 of meals across Metro Vancouver, Squamish, and Whistler. Initially, Vegano aimed to raise $2 million but exceeded that amount by more than double in the oversubscribed financing round.
Press release content from Newswire. The AP news staff was not involved in its creation.
Vancouver Tech Start-Up, Vegano, is Disrupting the Meal-Kit Delivery Services Market
January 27, 2021 GMT
VANCOUVER, British Columbia - January 27, 2021 - ( Newswire.com )
Vegano, Canada’s first plant-based meal-kit delivery service, is helping Canadians take plant-based living beyond Veganuary. Following their official launch on January 4, 2021, Vegano has delivered over 800 meals across Metro Vancouver, Squamish, and Whistler. Vegano offers a range of chef-created recipes using the farm-fresh organic ingredients which Vegano sources locally. While other meal-kit delivery companies only provide vegan or vegetarian options, Vegano processes no animal product in any of their facilities, minimizing the risk of cross contamination.