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Plant-based egg startup Evo Foods signs on new investors Shaun Neff, Ryan Bethencourt's Sustainable Food Ventu


$850,000 (or Rs 6 crore) in its pre-seed round to be deployed for its
India market launch as well as to scale its R&D and marketing team and expand in the plant-based egg category ahead of its planned overseas launch next year.
Evo Foods Co-founders Kartik Dixit and Shraddha Bhansali with the plant-based egg startup s liquid egg replacer
Our goal is to get Evo into every continent within the next five years. In a couple of years, we want to see Evo from a local kirana shop in Pauni, a small town in India where I am originally from, to a Michelin starred restaurant in New York City. We are thrilled to have the support of such a stellar group of believers and investors in our vision,” says Kartik Dixit, Founder and CEO of Evo. ....

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Next Generation Bio-Based Alternative Materials Innovation Summit


Next Generation Bio-Based Alternative Materials Innovation Summit
Decision-makers from biotech, fashion and apparel will discover, discuss, and debate the novel technological advances shaping a more sustainable industry.
11th March 2021
The
Next-Generation Bio-Based Alternative Materials Innovation Digital Summit, which is being held from 30 March – 1 April 2021 in collaboration with the Material Innovation Initiative, will bring together key decision-makers from many disciplines. Fashion brands, innovators from start-ups, and biotech and plant-based companies producing alternative materials and dyes, will join leading suppliers and manufactures to explore key challenges and opportunities in the successful commercialization of bio-based materials and dyes at scale.
For three days, decision-makers from biotech and fashion and apparel companies will discover, discuss, and debate the novel technological advances powering the new wave of alternative textiles sha ....

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10 challenger brands that smashed their crowdfunding targets this year


Allplants cooked up a plant-based storm when it took to Seedrs in April this year. The DTC ready meal company raised a whopping £3.4m, taking the title of the UK’s largest-ever vegan crowdfunding round at the time. 
The business initially aimed to raise £2m in a convertible loan note round, which would allow investors to gain a 20% discount on a future Series B raise planned within the next 12 months, and it smashed the target in under 48 hours. 
Allplants then went on to raise another £1.4m and welcomed 1,824 investors – including VC firm Octopus Ventures, Felix Capital and Seek Ventures.
Another ready meal brand vying for crowd cash, By Ruby beat its £125k target in November  ....

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