KBW Ventures has joined several global venture capitalists to invest in Black Sheep Foods in their $12.3m Series.
This round will help accelerate Black Sheep Foods’ ‘alt-meat’ journey to bring consumers flavour freedom in the meat section, and to scale up production for its debut lamb made from plants for (US) national distribution.
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DUBAI: KBW Ventures, the company founded by Saudi Arabia’s Prince Khaled bin Alwaleed bin Talal Al-Saud, has invested in French food technology startup Furahaa Group, the firm’s first investment in the European country.
Paris-based Furahaa Group was founded in 2015 by entrepreneur Arthur Devillers and is the holding company for a number of food and hospitality subsidiaries. Plant B2B is a food distribution company, ViVeg is a vegan food subscription platform, and Furahaa is its vegan fast-food restaurant chain.
Prince Khaled said: “This is my first investment in the French market. Furahaa Group, driven by Arthur’s vision for an inclusive and diverse workplace, while giving both consumers and other vendors a route to choose plant-based options, had me interested in the business immediately.
These cultivated golden oyster mushrooms were grown from a kit for food in Portland, Oregon. Portland Press Herald/Getty Images
You can thank the great state of Oregon for thrusting fungi back into the spotlight when the Beaver State legalized psilocybin – aka magic mushrooms – back in 2020. Since then, the U.S. has found itself in the midst of a mushroom renaissance, exciting and delighting the culinary – and psychedelic – sides of the mushroom world all at once. Until legality reaches all 50 states, we ll have to forget about mushrooms like the liberty cap, which can cause nausea, hallucinations and introspective experiences, and embrace more delicious varieties of edible fungi you can grow at home. For amateur mycologists and fungi fanatics alike, here are some tips on how to cultivate, prepare and eat your own edible mushrooms from the comfort of home.