NIGERIA / START UPS - VeggieVictory announced last week that it has raised its first round of angel investment. The investment sum was not disclosed.
VeggieVictory is one of the first Nigeria’s plant-based meat company. Starting out of their restaurant located in Lagos, the company created a variety of soy-based meat alternatives to incorporate into Nigerian cuisine dishes, as well as vegan hot dogs, burger patties, and shawarma. Additionally, they released VegMeat, which is a shelf-stable, plant-based alternative that mimics chunks of beef and does not need to be refrigerated.
Elsewhere in Africa, Infinite Foods is becoming a well-known name for alt-protein.
VeggieVictory plans on offering additional plant-based meat products in the future and announced that vegan beef jerky will be one of them. Their products are currently available in 12 states within Nigeria, and they plan on expanding to neighboring West African countries.