Simple Login
Our simple login does not require you to sign up or to use any password. We’ll send you a code which you can use to sign in safely.
British Vegan Yogurt Brand Raises $7 Million To Expand On US Market
British dairy-free desserts producer The Collaborative has raised a $7 million investment from PowerPlant Ventures.
The brand, previously known as The Coconut Collaborative, will use the funds to expand on the US market.
The investment comes after the company had appointed Meiky Tollman as a new CEO.
The Collaborative was founded by twin brothers Edward and James Averdieck in the UK in 2014. The company produces healthier and more environmentally-friendly alternatives to dairy yogurts.
The brand debuted in the United States two years ago. And today, its range includes coconut-based yogurt in four flavours: Plain, Vanilla, Alphonso Mango & Passionfruit and Blueberry & Rosemary.
The Collaborative is also planning to launch new vegan desserts, including Vanilla Rice Pudding, Double Chocolate Mousse, and Chocolate Pudding.
Meiky Tollmann who was the COO of the hummus giant Sabra for 15 years said he was impressed by the company’s values, vision, and purpose upon their first meeting in London.
“For me, coming to The Collaborative is motivating and inspiring to work with one of the fastest-growing category growth drivers of plant-based brands on the market that is also purpose driven,” he said.
“I’m excited to join the brand as we are committed to having and spreading a collaborative essence and good intentions, something that is very much needed today and will be needed tomorrow. It is a very difficult and challenging time for everyone around the world right now during this unprecedented crisis and we as a small startup team are challenging ourselves to help as much as we can.”
During the coronavirus pandemic, the company decided to donate products worth $15,000 to healthcare workers in San Francisco.
Article by Vegan Kind
The “chicken-iest” vegan chicken ever lands on the supermarket shelves this week...
Mummy vegan sausages for the little ones! These spooky little hot dogs are simpl...
You don't need much time for these. In 10 minutes, you can transform 3 ingredien...
Crispy delicious roasted potatoes to pair with your favourite plant-based meat! ...
Boooo! Try these spooky vegan chocolate banana ghosts! Made with white vegan cho...
Article by Vegan Kind
The vegan campaign flag flies on the International Space Station and orbited Ear...
Article by Vegan Kind
What restaurants are launching new menu items this Veganuary?
Article by Vegan Kind
One of the most popular cheese brands, The Laughing Cow has added a new plant-ba...
Article by Vegan Kind
More people in the UK are following a meat-free diet in 2024, choosing to eat on...
Article by Vegan Kind
Juicy Marbles, a pioneer of 100% plant-based whole cuts, known for creating the ...
Article by Vegan Kind
The new vegan Galaxy bar is made with dairy-free milk chocolate, dried fruits an...
Article by Vegan Kind
The first plant-based salmon alternative, named by its creators "THE FILET – Ins...
Article by Vegan Kind
Denmark is the first country in the world with a ready action plan and proposals...
Article by Vegan Kind
New research shows that nearly 50% of UK consumers are reducing their meat intak...
Article by Vegan Kind
Dreamfarm has just announced it received an investment of €5 million that will b...
Article by Vegan Kind
Beyond Meat wins GOLD at Casual Dining Innovation Challenge 2023 for its plant-b...
This dish is quick to make, nutritious and easy to make.