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Industry

Alpha Foods raises $28 million for its plant-based prepared foods

Source: AP News

Alpha Foods, makers of convenient plant-based foods, announced it raised $28 million in a funding round led by AccelFoods (AF), a leading venture capital fund and first institutional investor in prominent food and beverage companies such as Four Sigmatic and Koia. With this latest round of funding, AccelFoods, with mostly existing investment partners, including New Crop Capital and Green Monday Ventures, in addition to the newly established venture capital fund Blue Horizon Ventures, will support Alpha Foods’ continued growth as an emerging global leader in the plant-based meal category.