The world’s leading Incubator for plant-based and cultured food startups has opened for applications to join its global accelerator programme.
ProVeg Incubator supports pioneering companies that are transforming the global food culture by developing innovative alternatives to animal-based products and services.
Startups that are accepted to join the Berlin-based Incubator, will have access to a three-month, tailor-made programme, with potential funding of up to €200,000, one-on-one expert mentoring, and access to our international networks of food industry contacts.
Since its launch in November 2018, the ProVeg Incubator has worked with 40 startups from 20 countries, helping them to raise more than €9 million and launch over 40 products.
Applications are now being accepted for what will be the Incubator’s fifth cohort of startups, which is due to start in autumn 2020. Companies working on plant, fungi, recombinant, and cultured food products and solutions are welcome to apply until the deadline on Friday, 31 July 2020.
Albrecht Wolfmeyer, Head of the ProVeg Incubator, said, “We received a record number of applications to join our last cohort, which we are currently working with, and I look forward to seeing who will apply for the upcoming batch.
“The startups we support are shaping the future of food with their innovations. We are looking for companies with sound business models that have the potential for major impact. They should show the ability to scale and grow, be backed by a stellar team, and align with our mission of reducing global animal consumption.
“We consider applications from startups working in all product and service categories. However, if you bring something novel to the table we’ll be particularly excited about that.”
ProVeg Incubator alumni include Better Nature, Vly Foods, Mondarella, Greenwise, Mushlabs, Legendairy Foods, Plantcraft, Cellular Agriculture, Panvega, and the nu company.
Nicolas Hartman, Co-founder of Vly Foods, said, “The extensive industry networks that the ProVeg Incubator and its partners provide are unique and help to solve all kinds of problems that a young company faces.”
Christopher Kong, Co-founder and CEO of Better Nature, said: “The ProVeg Incubator is the world’s best-connected incubator in the plant-based industry today. The largest gains that I received were introductions to mentors who truly care about the success of my business and investors who want to support my mission.”
As part of the food awareness organisation, ProVeg International, the ProVeg Incubator is committed to the mission of reducing global animal consumption by 50% by the year 2040.
To stay up to date with all the latest news about the ProVeg Incubator follow us @provegincubator on LinkedIn, Twitter, and Instagram.
- For more information on ProVeg Incubator, check out www.provegincubator.com
- The ProVeg Incubator is currently supporting its fourth cohort of startups, which includes 10 innovative companies from nine different countries. This round of the programme will run until 17 July 2020, culminating in a Startup Demo Day. Learn more about the startups in this cohort here.
- ProVeg Incubator is part of ProVeg International, a leading food awareness organisation working across four continents. ProVeg’s mission is to reduce the global consumption of animals by 50% by the year 2040. More information can be found at www.proveg.com
- The ProVeg Incubator is supported by a number of partners, including Atlantic Food Labs, New Crop Capital, NX-Food, Blue Horizon, Good Seed Ventures, Purple Orange Ventures, Beyond Advisors, and Katjesgreenfood.