ImpactAlpha, July 13 – Companies producing animal-free proteins are growing revenues and raising capital. The food-tech firm Perfect Day raised $300 million to produce animal-free dairy proteins, including a $50 million investment from Canada Pension Plan Investment Board’s investment group Thematic Investing. Alternative-meat company Nuggs, now rebranded as Simulate, raised $4.1 million to launch a
Private equity firm General Atlantic led the company’s $75 million Series D round.
“Female founders are being left out at a time when their ideas are needed most,” says Rethink Impact’s Abramson. “Now is the time to address these market blind spots and double down, not lean out.”
Corporate and leasing fleet commitments will drive the roll-out of more than 2.5 million zero-emission vehicles by 2030.
The investment from Finnfund, Nordic Microfinance Initiative and France’s Proparco will help Proximity triple the number of farmers it supports and increase loan sizes.
The structure gives CIF “individual opt out rights” on each deal in the portfolio, according to the advisor.
With Fund II, Victress is targeting women-led consumer brands, services and marketplaces.