Alpha Foods raises US$28m to meet the growing appetite for plant-based protein

USA – Alpha Foods, a New-York based maker of convenient plant-based foods, has raised US$28 million in a Series A funding round to support Alpha Foods’ continued growth as an emerging global leader in the plant-based meal category. The funding round was led by AccelFoods with participation from Alpha Foods’ existing investment partners including New Crop Capital, Green Monday Ventures and Blue Horizon. Alpha Foods was co-founded by Loren Wallis, former founder of Good Karma Foods acquired by Dean Foods in 2018, and Cole Orobetz, a former venture capital investor…

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Alpha Foods raises US$7m in funding to expand plant-based meals offering

USA – Alpha Foods, the US based maker of plant-based and convenient foods in vegetarian diets has secured US$7 million in seed funding to enhance its capabilities in plant-based offerings. Co-led by New Crop Capital and AccelFoods, the new round of funding aims to expand its brand reach to consumers who are quickly switching to healthy lifestyles. Alpha Foods was founded in 2015, provides non-GMO plant-based proteins, with a goal to offer customers with clean and sustainable plant-based alternatives to meat products. Its portfolio includes burritos, pot pies, chik’n nuggets,…

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