{"id":55969,"date":"2018-08-27T06:55:07","date_gmt":"2018-08-27T04:55:07","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=55969"},"modified":"2018-08-26T11:41:54","modified_gmt":"2018-08-26T09:41:54","slug":"plant-based-chef-mastered-good-catch-secures-8-7m-series-a-financing-round-led-by-new-crop-capital-and-syndicate-of-impact-investors","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/plant-based-chef-mastered-good-catch-secures-8-7m-series-a-financing-round-led-by-new-crop-capital-and-syndicate-of-impact-investors\/","title":{"rendered":"Plant-Based, Chef-Mastered, Good Catch Secures $8.7M Series A Financing Round Led by New Crop Capital and Syndicate of Impact Investors"},"content":{"rendered":"<p><strong>On a mission to provide ocean-friendly, plant-based seafood options for everyone, the culinary rebels with a cause at Good Catch today announced the closing of an $8.7M Series A funding round. The round was led by New Crop Capital and a syndicate of investors: leading European food manufacturer PHW Group; retailers Thrive Market and Fresh Direct; strategic private investors and entrepreneurs with global reach; and mission-aligned impact partners, including Stray Dog Capital, Clear Current Capital, VegInvest, Rocana Capital, Blue Horizon, EverHope Capital, Baleine &amp; Bjorn Capital, M13, and Starlight Ventures.<\/strong><\/p>\n<p>Good Catch&#8217;s early success represents the expansion of the plant-based megatrend into the seafood market segment, a virtually uncontested space with international impact potential. Good Catch is launching at a critical moment, tapping into the food-tech zeitgeist with a line of culinary-driven, fish-free seafood as the world braces for the collapse of global fisheries before 2050.<\/p>\n<ul>\n<li>Nearly 90% of large predatory fish stocks are depleted.<\/li>\n<li>Oceans currently serve as the world&#8217;s largest source of protein, with more than 3 billion people consuming marine life as their primary protein source.<\/li>\n<li>Alternative proteins are poised to command a third of the protein market by 2050.<\/li>\n<\/ul>\n<p>&#8220;The relentless and indiscriminate killing of marine life is devastating ocean ecosystems,&#8221; said Good Catch cofounders and co-CEOs Chris Kerr\u00a0and Eric Schnell in a joint statement. &#8220;The only truly sustainable seafood is seafood that allows fish to remain in the ocean. It is abundantly clear that we need a new approach to seafood. This is a global concern, and we need global stakeholders to put this approach into action; time is not on our side.&#8221;<\/p>\n<p>United over their love of good food, plant-based eating, and animal welfare, the founders of Good Catch are bringing more than 100 years of mission-driven entrepreneurship and visionary leadership to the company. Founded by the venture firm New Crop Capital, by conscious agency BeyondBrands, and with culinary innovation led by renowned plant-based chefs Chad &amp; Derek Sarno, the team aims to help solve the oceans&#8217; complex global issues with new sustainable food technology and marine welfare, which are at the core of the company&#8217;s mission.<\/p>\n<p>&#8220;The Good Catch team has built a truly world-class plant-based protein, an area where we&#8217;re seeing massive growth and demand. We&#8217;re incredibly excited to help bring Good Catch to market in 2018 and proud to call them the third investment out of Thrive Market Ventures,&#8221; said Nick Green, Thrive Market cofounder and co-CEO.<\/p>\n<p>&#8220;The equity investment in Good Catch is evidence of our forward-thinking strategy. Good Catch is consistent with our pursuit to provide Europe with sustainable, clean foods. We do not see this transaction as a financial investment but rather as the beginning of a long-term strategic partnership,&#8221; said Peter Wesjohann, PHW Group, one of Europe&#8217;s largest poultry producers.<\/p>\n<p>Also investing in this round is M13, founded by serial CPG entrepreneurs and investors Courtney &amp; Carter Reum. Courtney, who has also joined Good Catch&#8217;s board, remarked, &#8220;M13&#8217;s mission is to accelerate innovative consumer brands through the use of \u200eleading-edge technology and media. We are thrilled to collaborate with such a groundbreaking, dynamic, and on-trend brand.&#8221;<\/p>\n<p>&#8220;Today, while navigating the quest for clean protein and nutrition, consumers are faced with a minefield of choices and tradeoffs,&#8221; said Good Catch cofounder Marci Zaroff. &#8220;Good Catch is committed to solving the problem with innovative ingredients and delicious novel products that serve and satisfy consumers globally \u2013 no exploitation required.&#8221;<\/p>\n<p>Experience seafood without sacrifice at <a href=\"http:\/\/goodcatchfoods.com\/\" target=\"_blank\">www.goodcatchfoods.com<\/a>. @goodcatchfoods<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On a mission to provide ocean-friendly, plant-based seafood options for everyone, the culinary rebels with a cause at Good Catch today announced the closing of an $8.7M Series A funding round. The round was led by New Crop Capital and a syndicate of investors: leading European food manufacturer PHW Group; retailers Thrive Market and Fresh [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[13464,14859],"supplier":[14858],"class_list":["post-55969","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-ecosystem","tag-plantbased","supplier-seaco-foods-international"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/55969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=55969"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/55969\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=55969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=55969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=55969"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=55969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}