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Here are this week’s top stories:
• Inside the growing plant-based industry
• Crying in the (crypto) club
• Successes from past founders
• Live updates and newly launched deals
Plant bacon > real bacon
The plant-based food industry has been growing over 25% per year. More than $3.1 billion in investment has poured into the industry.
Today you can invest in the plant-based food economy on Republic:
LUPii is a snack company marketing products made from the lupini bean, a high-protein legume that can grow in a variety of climates. Their current investors include the CEO of Vita Coco, Human Ventures, and Simple Food Ventures. Their first foray into $34B plant-based global food market is the Lupii Bar, in 4 flavors.
Genius Juice is a 100% organic, plant-based & dairy-free whole coconut smoothie company. They’re sold in 2.8k+ stores nationally and were featured on Shark Tank with offers from Mark and Barbara. Genius Juice has already raised $1.1M from previous rounds.
Real Made Oats are an organic, vegan, no-sugar-added breakfast that’s easy to make for a breakfast on the go. The company has 750+ retail partners throughout the US, including Whole Foods, Sprouts, and Safeway, and has a 4.5-star rating on Amazon. Real Made Overnight Oats is a leading brand in dollar velocity at Whole Foods, and is projecting $3M revenue in 2022 and $12M by 2024.
Chasin’ Dreams Farm is a healthy popped sorghum snack that resembles teeny-tiny popcorn. Their products are naturally gluten-free, plant-based, and non-GMO. With gross margins of 50% and retailing in 150+ stores, they were just accepted into a new venture-backed snack program. They’ve won multiple awards and have backing from notable investors like Kathleen King (founder of Tate’s Bakeshop).
Upright is instant oatmilk that’s just as nutritious as dairy. Created with leading scientists from Harvard and Yale and backed by pediatricians, they have 60% gross margins, earning $12/unit. Their nutritious formula appeals to omnivores, vegans, those with allergies, and picky eaters alike.