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Plant meat company v2food has received nearly 350 million yuan of B+ round financing, accelerating its deep cultivation in the Chinese market

 Last Update: 2022-10-04
 Source: Internet
 Author: User

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Plant meat company v2food announced the completion of a nearly 350 million yuan ($54 million) Series B+ round of funding, led by mission-driven food and agriculture venture capital firm Stanor Ventures, and the introduction of China's leading e-commerce platform for life services as a strategic investor

Founded in January 2019, v2food received nearly 230 million yuan ($35 million) of Series A financing in less than a year, and in October 2020, v2food completed nearly 370 million yuan ($57 million) of Series B financing

Following the successful development of international markets such as New Zealand, Thailand, the Philippines, Japan and South Korea, v2food recently officially announced its entry into the Chinese market and launched the first products such as v2 beef minced, minced pork and v2 beef burger cake, further enriching consumers' choice

This B+ round of financing will not only expand v2food's global influence in Asia and Europe, help its ambitious international expansion plans, but also increase v2food's strategic territory in China and build a high competitive fortress

Nick Hazell, CEO and founder of v2food, said: "We are delighted that new investors have joined us on our journey and are very grateful to those investors

As the world's most populous country, China will certainly have a decisive and positive impact on

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