It’s a good time to be in the plant-based meat business. Today, Impossible Foods, known for its very beef-like plant-based burger, announced that it closed a new $300 million funding round, bringing total venture investment in the company to more than three-quarters of a billion dollars. On April 29, Burger King said that it planned to start serving Impossible Whoppers nationwide. (The burger is already sold in more than 7,000 other restaurants–up from 70 just two years ago–and will be in retail stores later this year.) McDonald’s is serving a new vegan burger in Germany and a vegan Happy Meal in the U.K. Nestlé plans to start selling its own “Incredible Burger,” another realistic plant-based burger designed to be cooked from a raw patty, in Europe this spring, followed by the U.S. this fall. When Beyond Meat went public on May 2, its stock quickly soared. … [Read more...] about Can plant-based meat grow from a $1 billion industry to a $20 billion industry?
New Zealand on January 16 recalled medium pacer Hamish Bennett into the national team after more than two-and-half years as injury ruled out Trent Boult and Lockie Ferguson from the upcoming Twenty20 series against India. The 32-year-old strapping fast bowler was earlier a regular in the New Zealand ODI squad and also played in the 2011 World Cup. … [Read more...] about India vs New Zealand: Boult, Ferguson ruled out, injury-hit NZ recall Bennett for T20s against IND