Frozen meal delivery service Allplants, have received £7.5 million investment to expand the business. The investment will allow them to increase production capacity, improve and add to their product range, and employ more staff.
Allplants have delivered over 250,000 meals to 10,000 customers within the last 18 months, but want to take the business further. Jonathan Petrides, co-founder, said: “Most Allplants customers aren’t veggie or vegan; they’re curious and hunting for convenient, healthy ways to boost their busy lives. This investment will help us fuel the plant-based movement forward.”
Allplants was founded by Alex and Jonathan Petrides in 2016, with the idea of bringing plant-based eating in the mainstream. The investment for Allplants is the biggest single investment in a vegan company in Britain, proving the interest and growing demand for plant-based food.
Last year they received £800,000 of investment from Felix Capital. In 2017, Antoine Nussenbaum, from Felix Capital, said: “We are delighted to back founders on such an inspiring mission: bringing the plant-based culture central to mainstream lifestyles is much more than delicious food, it’s a community, an aspirational movement full of creativity.”