Veg Capital

Veg Capital is a venture capital firm based in Loughborough, United Kingdom, founded in 2019. The firm focuses on providing early-stage capital to companies that aim to replace animal use in the food system. By investing primarily in seed-stage and early-stage ventures, Veg Capital targets the ag-tech and food-tech sectors across Europe, supporting innovative solutions that promote sustainable alternatives in food production.

Matthew Glover

Director

22 past transactions

VFC

Seed Round in 2023
VFC Foods is a producer of vegan food products that specializes in fresh plant-based protein offerings. The company focuses on creating delicious, deep-fried vegan fast food items, catering to consumers seeking high-protein alternatives. In addition to providing tasty options, VFC Foods is committed to reducing food wastage and promoting sustainability. By making its products available at local stores, the company aims to enhance accessibility to nutritious vegan foods for a broader audience.

Super Vegan

Seed Round in 2023
Super Vegan is a producer of vegan chocolates focused on providing alternative chocolate options for vegan consumers. The company offers a variety of products including super cream, kits, combos, and chocolate bars made from vegetable milk, cocoa, and oilseeds. Their offerings come in an array of flavors such as cookies, cream, vanilla, and white strawberry, ensuring a diverse selection of dairy-free chocolate options. Super Vegan emphasizes the use of plant-based substitutes, catering specifically to those seeking vegan-friendly treats.

THE PACK

Seed Round in 2022
THE PACK is a food technology startup focused on creating nutritious and healthy plant-based meals specifically for dogs. The company produces a diverse range of vegan pet food products, utilizing a blend of pulses, proteins, seeds, fruits, and vegetables. By emphasizing affordability and health, THE PACK aims to provide pet owners with accessible options for feeding their dogs a balanced and wholesome diet.

GROUNDED

Seed Round in 2022
Grounded is a London-based food and beverage company founded in 2016, specializing in the production of healthy natural drinks. The company focuses on creating low-sugar and plant-based beverages, including protein milkshakes made from coconut milk. Grounded uses only raw ingredients sourced from nature, ensuring that its products provide a flavorful and nutritious alternative to traditional drinks. The packaging is environmentally friendly, utilizing materials derived from plants, which aligns with the company's commitment to sustainability while catering to health-conscious consumers.

SpiceBox

Venture Round in 2022
SpiceBox is a restaurant that specializes in fully vegan Indian cuisine, delivering nutritionally balanced dishes that replicate the flavors and recipes found in its London restaurants. The company focuses on providing fresh, locally sourced curries, which are available for takeaway in tiffins, allowing customers to enjoy convenient meals that reflect the essence of traditional Indian flavors.

Convi Foods

Equity Crowdfunding in 2022
ConvĂ­ Foods specializes in the development and production of plant-based food products, offering a range of items including chickpeas with herbs, bread, and mushroom burgers. The company focuses on creating healthy, soy-free options that are high in protein and designed to enhance nutrient absorption, supporting immune function and reducing inflammation. In addition to their retail offerings, ConvĂ­ Foods also provides research and development services, catering to both retail and food service sectors. Their commitment to delivering vegan-friendly meals ensures that customers can enjoy nutritious and flavorful food choices.

MeliBio

Seed Round in 2022
MeliBio, Inc. is a technology-driven company based in Oakland, California, founded in 2020 by Aaron M. Schaller, PhD, and Darko Mandich. The company specializes in producing vegan nectar products that serve as a molecularly identical alternative to traditional honey. By employing advancements in plant biology, precision fermentation, and synthetic biology, MeliBio creates honey without the involvement of bees, aiming to mitigate the negative impact of commercial bee farming on biodiversity. In 2023, MeliBio launched its consumer-facing brand, Mellody, further expanding its market presence. Recognized by TIME as one of the Best Inventions of 2021, MeliBio is committed to providing sustainable and innovative solutions in the food industry.

Libre Foods

Seed Round in 2022
Libre Foods is a biotech startup founded in 2020 and based in Barcelona, Catalonia, Spain. The company specializes in producing fungi-powered meats, offering a sustainable alternative to animal protein. Its innovative approach involves mycelium-based whole-cut meats, which are derived from filamentous fungi. These products can be cultivated year-round in controlled indoor environments through a fermentation process. Libre Foods aims to provide consumers with animal-free protein options that closely mimic the taste, texture, and cooking qualities of traditional meat, contributing to a healthier food system for people, the planet, and animals.

VFC

Seed Round in 2022
VFC Foods is a producer of vegan food products that specializes in fresh plant-based protein offerings. The company focuses on creating delicious, deep-fried vegan fast food items, catering to consumers seeking high-protein alternatives. In addition to providing tasty options, VFC Foods is committed to reducing food wastage and promoting sustainability. By making its products available at local stores, the company aims to enhance accessibility to nutritious vegan foods for a broader audience.

Mighty Pea

Seed Round in 2021
Mighty Pea is a pea milk producer, which uses yellow split peas in the creation of its beverages.

Planty

Seed Round in 2021
Planty Ltd, established in 2019 and headquartered in London, specializes in delivering vegan and frozen meals directly to customers' doors via its online platform. Its menu comprises a variety of plant-based dishes such as macaroni, noodles, potato curry, risotto, burrito, and mushroom meals, all prepared by chefs using sustainable ingredients with minimal packaging. The company aims to promote a healthier lifestyle while combating climate change through convenient, nutritious, and carbon-neutral meal delivery across the UK.

VFC

Seed Round in 2021
VFC Foods is a producer of vegan food products that specializes in fresh plant-based protein offerings. The company focuses on creating delicious, deep-fried vegan fast food items, catering to consumers seeking high-protein alternatives. In addition to providing tasty options, VFC Foods is committed to reducing food wastage and promoting sustainability. By making its products available at local stores, the company aims to enhance accessibility to nutritious vegan foods for a broader audience.

One Planet Pizza

Seed Round in 2021
One Planet Pizza is a vegan food company that specializes in producing frozen pizzas and ready meals, aiming to make plant-based options accessible to a wide audience. The company offers a selection of four Italian-style pizzas, which are hand-stretched and crafted using Italian flour and fresh vegetables, ensuring a high-quality product that aligns with sustainable practices. One Planet Pizza distributes its offerings through local retail outlets and home delivery services in Norwich, Cambridge, and Ipswich, with a presence in major high street supermarkets. Owned by a collective of vegan entrepreneurs, including Mike Hill, Jan Wise, and Tanya Chapman, the company is also supported by various vegan bloggers and activists, emphasizing its commitment to promoting plant-based dietary choices.

Hooked

Pre Seed Round in 2020
Hooked Foods is a Swedish company founded in 2019 that specializes in developing plant-based seafood alternatives, primarily focusing on tuna and salmon products. By creating delicious and nutritious vegan-friendly seafood options, Hooked Foods aims to promote a healthier marine ecosystem and provide consumers with protein-rich meals. The company's commitment to innovation in plant-based cuisine is part of a broader mission to lead the transition towards more sustainable seafood consumption.

Better Dairy

Seed Round in 2020
Better Dairy is a manufacturer of animal-free dairy products that utilizes precision fermentation technology to create alternatives to traditional dairy items such as cheeses, yogurts, and ice creams. By employing synthetic biology and yeast fermentation, the company produces dairy products that are molecularly identical to their conventional counterparts while eliminating the need for animal involvement. This innovative approach not only meets consumer demand for familiar dairy flavors and textures but also aims to significantly reduce greenhouse gas emissions associated with traditional dairy farming. Through a process reminiscent of brewing beer, Better Dairy provides a sustainable solution for those seeking dairy alternatives without compromising on taste or quality.

Purezza

Venture Round in 2020
Purezza is a vegan pizza restaurant that specializes in plant-based, whole-grain, wood-fired pizzas and a variety of related food products. The establishment offers a diverse menu that includes artisan-based mozzarella, pasta, desserts, and gluten-free cheese, catering to customers seeking cruelty-free vegetarian fast food alternatives. By providing affordable options, Purezza aims to make plant-based dining accessible to a broader audience, promoting a sustainable and compassionate lifestyle.

Kale United

Equity Crowdfunding in 2020
Kale United AB, founded in 2018 and headquartered in Stockholm, Sweden, specializes in providing advisory services to plant-based member companies. These services encompass marketing, public relations, sales and distribution, financing, community engagement, accounting, and human resources. The company focuses on supporting vegan startups and aims to foster growth within the plant-based food sector across the Nordic region.

Planty

Seed Round in 2020
Planty Ltd, established in 2019 and headquartered in London, specializes in delivering vegan and frozen meals directly to customers' doors via its online platform. Its menu comprises a variety of plant-based dishes such as macaroni, noodles, potato curry, risotto, burrito, and mushroom meals, all prepared by chefs using sustainable ingredients with minimal packaging. The company aims to promote a healthier lifestyle while combating climate change through convenient, nutritious, and carbon-neutral meal delivery across the UK.

THIS

Equity Crowdfunding in 2020
THIS is a plant-based meat brand that specializes in producing alternative meat products designed to cater to meat lovers. The company focuses on creating products from plant-based ingredients that are fortified with essential nutrients such as vitamin B12 and iron. By doing so, THIS aims to provide a satisfying culinary experience that mimics the taste and texture of traditional meat, allowing consumers to enjoy their favorite dishes without the ethical implications of animal consumption. The brand positions itself as a viable option for those seeking healthier and more sustainable dietary choices while maintaining the flavors and satisfaction typically associated with meat-based meals.
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