Seedrs and Vevolution partner to fund more European plant- and cell-based start-ups
One of Europe’s leading equity crowdfunding platforms, Seedrs, has teamed up with the global investment marketplace Vevolution to give a funding boost to plant-based and cellular agriculture companies.
The new collaborative venture between these two East London-based organisations will allow businesses working in these two sectors to benefit from more funding opportunities in the future.
The partnership will also help start-ups to grow by giving them access to Vevolution’s network and Seedrs’ equity crowdfunding community to build up a strong and varied investor base.
Both platforms have already supported a range of investment campaigns in the plant-based and cellular agriculture market. Last year, Vevolution partially and fully backed 25 start-ups, including bee-free honey company MeliBio, liquid egg alternative producer Evo, cell-based collagen developer Jellatech, and Opalia, which creates whole milk from mammary cells.
Out of the £1.8 billion it has invested in campaigns since its launch, Seedrs has backed several major plant-based food companies, putting £4.5 million into meal delivery business allplants, £600,000 into online retailer The Vegan Kind, and £4.4 million into food start-up THIS.
Kirsty Grant, Seedrs Chief Investment Officer said: “The vegan market is one of the fastest growing sectors in the UK and Europe, with appetite to invest in the sector remaining high. Teaming up with the Vevolution team means that entrepreneurs in the space have the ability to source their entire investment needs from investment and market experts.”
Erik Amundson, Managing Director and Co-Founder of Vevolution added: “It’s the perfect partnership. Often companies need the lead investment from Vevolution to get a crowdfunding campaign off the ground. We are dedicated to supporting the global movement for plant-powered positive change in the world.
“To do this we need to connect these exciting startups with smart money. By working in partnership with Seedrs we are broadening the access to investors from our network of angel investors and Seedrs community of retail investors that believe in the movement. ”