The first of its kind in Canada, Eat Beyond aims to provide retail investors with access to the most promising opportunities in the future of food.
The Eat Beyond Global Investment Fund was created to provide investors with the opportunity to participate in the growth of the alternative food sector. The company plans to list on the Canadian Securities Exchange (CSE) in the second quarter of 2020.
$17 billion has been invested in the plant-based food industry to date, and 2018 saw a 39% increase in the number of deals completed compared to the previous year, according to a report from The Good Food Institute. The unprecedented success of Beyond Meat and similar companies has shone a spotlight on the industry.
“This is clearly a growing sector, and we noticed that there weren’t many opportunities for the retail investor to participate – so we created one ourselves. We spent over a year reaching out to over 100 companies worldwide, and the innovation that we saw blew us away,” said Patrick Morris, CEO of Eat Global.
“I expected to see 100 different types of vegan burger patties – but we found companies creating everything imaginable, and have decided to focus our efforts on alternatives in four key areas: meat, seafood, eggs, and dairy.”
Eat Beyond has assembled an investment committee of industry-leading experts to assist with vetting the companies and their potential that includes Lloyd Lockhart, co-founder of Choices Market.