Investment
UK Treasury reaches £16bn in net-zero funding through Green Gilt scheme
The UK Treasury has announced the second iteration of its Green Gilt bond has been successfully sold for £6bn, bringing total funding for projects accelerating the net-zero transition to £16bn. The first Green Gilt was launched in September, raising £10bn.…
allplants Secures $52M in Largest Ever Series B For a European Plant-Based Brand
Allplants, the UK ‘chef-to-customer’ service, has raised a record-breaking £38 million Series B funding round. The company has seen three consecutive years of triple-digit revenue growth. This represents the biggest ever Series B round for a European plant-based food business.…
Commentary: Actors and Activists Including Owen Wilson & Woody Harrelson Invest in California’s Abbot’s Butcher
Plant-based producer Abbot’s Butcher closed a Series A funding round, where renowned actors Owen Wilson and Woody Harrelson participated. Reference: https://vegconomist.com/investments-acquisitions/actors-and-activists-including-owen-wilson-woody-harrelson-invest-in-californias-abbots-butcher/
Bio-textile firm Bucha Bio lands new funding
New York-based startup Bucha Bio has this week (18 October) raised $550,000 in funding for its bio-textile product Mirai. The firm has said it will use the new funding to scale up and accelerate production of its product. Investors of…
Octopus Energy, RES to partner on £3bn UK Green Hydrogen Project
UK group Octopus Energy announced its partnership with renewables giant RES at the end of last week (15 October) to establish a network of green hydrogen plants across the UK, in a £3bn investment plan that is set to span…
AXA sets out Plan to Fight Deforestation
French multinational insurance firm AXA announced last week (14 October) that it will be integrating forest protection into its investment portfolio, coming under its wider push to preserve biodiversity and ecosystems. Under the latest scheme, the firm is to channel…