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LIVEKINDLY Collective, which owns plant-based heritage brands and startups, raised more than half a billion dollars in its first year.
LIVEKINDLY Collective, a collection of heritage brands and startups, has announced today a successful capital raise of $335 million. This brings its total raise in its first 12 months to $535 million.
The Rise Fund, a global impact investing firm that invests in companies that are driving measurable social and environmental impact alongside strong business performance, led the round. It was joined by Rabobank Corporate Investments, the investment arm of Rabobank, and S2G Ventures, which invests in companies that are reducing the environmental impact of food production.
Raising Half a Billion Dollars
LIVEKINDLY Collective, which recently celebrated its one-year anniversary, has raised more than half a billion dollars so far. This round makes the company one of the top three highest-funded and fastest-growing plant-based food companies in the world.
This marks The Rise Fund’s second major investment in the plant-based space. The first was Hong Kong’s Green Monday, a social venture platform that also owns vegan food brand, OmniFoods. Steve Ellis, the co-managing partner of The Rise Fund, joined the LIVEKINDLY Collective Board of Directors as of this month.
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