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New Food Invest: Plant-based cheese, the next investment boom?

  • USA
  • 14 min read
  • Mar 29, 2021
  • By Gareth Gardiner Jones

Screenshot of the New Food Invest panel discussion: Expert insights on the alternative protein opportunity in the Americas

With alt-protein startups experiencing a global funding boom, industry experts and investors share their views about emerging trends in diverse food sectors

Despite the global pandemic, investors have pumped over $3bn into alternative protein food companies in 2020. In November 2020, sustainable plant-based food SPAC Natural Order Acquisition raised $230m at an IPO for investments in the meat analog sector. 
With equity funding worth $30bn raised so far in the first quarter of 2021, including $17.5bn from IPOs, another bumper year is expected for new foodtech in 2021, said the managing director of Morgan Stanley Pedro Costa, a keynote speaker at the recent New Food Invest conference organized by ProVeg and Beyond Meat.
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Edited by Suzanne Soh

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