• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Skip to navigation
Close Ad

The Spoon

Daily news and analysis about the food tech revolution

  • Home
  • Podcasts
  • Events
  • Newsletter
  • Connect
    • Custom Events
    • Slack
    • RSS
    • Send us a Tip
  • Advertise
  • Consulting
  • About
The Spoon
  • Home
  • Podcasts
  • Newsletter
  • Events
  • Advertise
  • About

VeggieVictory, Nigeria’s First Plant-Based Meat Company, Receives Angel Investment

by Ashlen Wilder
August 11, 2020August 11, 2020Filed under:
  • Alternative Protein
  • News
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to email this to a friend (Opens in new window)

VeggieVictory announced last week that it has raised its first round of angel investment. This first round of funding was led by Ryan Bethencourt, founder and CEO of Wild Foods based in California, and Anant Joshi, the U.K.-based founder of PLANT CEO. The investment sum was not disclosed.

VeggieVictory says it is Nigeria’s first plant-based meat company. Starting out of their restaurant located in Lagos, the company created a variety of soy-based meat alternatives to incorporate into Nigerian cuisine dishes, as well as vegan hot dogs, burger patties, and shawarma. Additionally, they released VegMeat, which is a shelf-stable, plant-based alternative that mimics chunks of beef and does not need to be refrigerated.

We aren’t aware of much competition for VeggieVictory in Nigeria (if you’re a plant-based protein startup there, drop us a line!). Elsewhere in Africa, Infinite Foods is becoming a well-known name for alt-protein. The company, a subsidiary of Botswana-based Accite Holdings, partners with some well-known plant-based brands, including Beyond and Oatly, selling those companies products to grocery stores, restaurants, and e-commerce platforms. 

VeggieVictory plans on offering additional plant-based meat products in the future and announced that vegan beef jerky will be one of them. Their products are currently available in 12 states within Nigeria, and they plan on expanding to neighboring West African countries.


Related

Get the Spoon in your inbox

Just enter your email and we’ll take care of the rest:

Find us on some of these other platforms:

  • Apple Podcasts
  • Spotify
Tagged:
  • alternative meat
  • alternative protein
  • veggievictory

Post navigation

Previous Post Atomo Raises $9M in Seed Funding for its Molecular Coffee
Next Post S2G Ventures to Invest $100M in Seafood and Ocean Health Startups

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Get The Spoon in Your Inbox

The Spoon Podcast Network!

Feed your mind! Subscribe to one of our podcasts!

Nearly Seven Years After Launching Kickstarter, Silo Finally Delivers Next-Gen Home Food Storage System
What Flavor Unlocks
Starbucks Unveils Green Dot Assist, a Generative AI Virtual Assistant for Coffee Shop Employees
Impulse Announces Its Battery-Integrated Cooktop Becomes First Certified to Applicable UL Safety Standards
Tasting Cultivated Seafood in London’s East-end

Footer

  • About
  • Sponsor the Spoon
  • The Spoon Events
  • Spoon Plus

© 2016–2025 The Spoon. All rights reserved.

  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • Twitter
  • YouTube
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.