A new accelerator for plant-based businesses, PlantForm, will help companies accelerate products to market, scale, and increase product development, co-founder and food tech investment adviser Allen Zelden says.
Zelden said the accelerator will provide leading R&D, co-investment opportunities, and a deep connection to the food tech production ecosystem.
“While adoption of plant-based food is at a tipping point globally with capital flowing into the sector, a major use of these funds is tied up in building new manufacturing capabilities and R&D.
“PlantForm will act as a conduit to help drive radical system change through food tech innovation, agile manufacturing and growth infrastructure to bring more ethical and sustainable food choices to market,” Zelden said.
Zelden has brought more than 1000 plant-based SKUs to market and sees this as a crucial time for the industry to be removing barriers to entering the market and also accelerating opportunities to scale.
“By accelerating company growth and innovation, we aim to alter consumerism and supply systems beyond traditional capital forces to catapult the industry forward and ultimately reduce our reliance on animal agriculture.
“The greatest way to combat the disastrous effects of climate change starts with what we eat and feed our families, which is why it’s vital to empower entrepreneurs and food brands of the future to support the transformation of our global food system from the ground up,” Zelden said.
PlantForm’s first round of partnership and manufacturing applications opens in April.
