Connect with us

Hi, what are you looking for?


‘Veganuary’ founder launches new £30m vegan venture fund

The co-founder of the ‘Veganuary’ has launched a £30m investment vehicle today designed to spur growth in firms developing meat-free animal alternative products.

London-headquartered Sentient Ventures, headed up by Veganuary co-founder Matthew Glover, venture investor Alexandra Clark, and former investment banker Manish Karani, will pump early-stage growth capital of between £500,000 and £2.5m into plant- and fermentation-based companies globally

Co-founder Clark saids that the fund would look to tap into firms fuelling the shift to net zero and removing animals from every stage of the supply chain.

“We are all bracing ourselves for a difficult few years. But the products that are going to succeed and thrive are the products that are better for the environment,” she said.

Sentient’s bosses said each investment will be weighed up using its own “impact assessment tool”, gauging metrics including animal lives spared, days of suffering reduced, and reductions in greenhouse gas emissions, land use and water pollution.

The founders are looking to tap into swelling demand for plant-based foods in the coming years with the market set to grow to 7.7 per cent of the global protein market by 2030. A 2021 report by Bloomberg Intelligence predicted that the value of the market could hit $162bn by 2030, up from $29.4bn in 2020.

Clark said that as demand continues to balloon, investors were taking note of the commercial opportunity in meat-free products as well as the cause.

“We are doing our utmost to ensure that our companies are not greenwashing, so that we can actually assess the companies and monitor their progress. And that ties into to the net zero agenda,” she said.

“There’s interest through that angle, but there is also just plain simple dollar signs, because this these these companies are continuing to grow.”

Read more:
‘Veganuary’ founder launches new £30m vegan venture fund

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



By Chelsey Keith P. Ignacio Education can open the doors to abundant opportunities, from achieving one’s dream, helping the family, or even contributing to...


Sustainability has transcended trends and has become somewhat of an art form in itself. In business, it has now been refined to qualify as...


Intellicare believes that the way forward for healthcare is balancing high-touch and high-tech care. The disruption brought about by the global pandemic proved to...


The honest truth: No one came out of the COVID-19 pandemic in quite the same way. The pandemic was an isolating period of self-discovery,...


Ayala Museum and Globe bring a new cultural learning experience with the Globe Digital Gallery Ayala Museum, under the management of Ayala Foundation, Inc....


By Diego Gabriel C. Robles THE Philippine economy expanded by 7.4% in the second quarter — slower than expected — as rising inflation weighed...

You May Also Like


Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...


Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...


Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...


Instagram still holds the top spot for social media in terms of building brand reputation and expanding business potential. Every day, more and more...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.