Kale United: Europe’s only vegan portfolio invites general public to 4 million euro round
Europe’s sole all-vegan investment portfolio, Kale United, is on a mission to expand investment opportunities aimed at promoting the sustainable shift of our food system. The current invitation to acquire shares coincides with a 1.8 million euro investment from institutional investors.
Måns Ullerstam made the decision to start Kale United when he failed to find an all-vegan vehicle in which to invest his personal savings. Ullerstam has never wavered from the vision to create an alternative for anyone wanting to promote a sustainable shift in our food system. So far, the company has raised almost five million euros from over 600 investors across 30 countries. Kale United has yielded 34% annual growth since its start in 2018.
“Transitioning to a plant-based diet is the most effective investment in mitigating our carbon footprint. We want to make sure this investment opportunity is accessible to all,” says Måns Ullerstam, Founder, Kale United.
UK-based IP Group, with its clear focus to invest in solutions that enable a regenerative and sustainable world, is among the larger investors to Kale United in this round.
“Meat and dairy represent about one-third of the world’s climate challenges. That’s why we’re inspired by Kale United’s business and its ambition of lowering thresholds for all to help in making the world a more sustainable place,” says Ben Murphy, Clean Tech Investment Director, IP Group.
The financial advisor Pepins is managing the public round. Through pepins.com, retail investors are welcome to acquire new shares valued at 2.3 million euros. The share price will be set at 24.9 euros with a minimum tradeable amount of ten shares.
“We are pleased to join this round as financial advisors. Pepins allows for a diversified, unlisted, long-term portfolio to complement other forms of investment and savings. Kale United fits such a portfolio perfectly, as evidenced by the initial interest for the transaction,” says Martin N Larsson, Head of Corporate Finance, Pepins.
Funds secured in this round will be invested in further R&D across Kale United’s portfolio companies and in new and groundbreaking innovative companies.
Kale United’s success isn’t wholly owed to the trajectory of its portfolio companies. Its strategy relies on identifying and facilitating the synergies between these companies that can accelerate a sustainable shift in how and what we eat. It comes down to stimulating demand, establishing sales capabilities, developing quality products and securing efficient distribution chains. The Kale United portfolio features companies such as Mycorena, Nordic Seafarm, EAT Just, Bärta and Stockeld Dreamery.
Contact www.pepins.com to buy shares in Kale United.
For further information, please contact:
+46 70 395 83 31
Kale United is a plantbased holding company investing in and developing innovative plantbased companies and products in Scandinavia and beyond. Kale United was launched in 2018 with an aim to increase accessibility to plantbased products globally. Kale United has over 600 shareholders across 30 countries.
Kale United AB