Jack & Bry, a UK-based business selling plant-based meat replacements centred on jackfruit, has announced fresh funding.
The firm, set up in 2019, has secured just over GBP1.2m (US$1.7m) in funding in a round led by London-based early-stage investor SFC Capital. Rubix Venture Partners, another fund located in the UK capital, and Manchester-based investor KM Capital are also among the company’s backers.
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In December, Jack & Bry appointed UK food-industry veteran Clive Sharpe as its non-executive chairman. Sharpe’s career includes stints as chief executive of UK snacks maker Golden Wonder and as chairman of UK meat-free business Quorn Foods ahead of its 2015 sale to Monde Nissin.
David Flower, the managing director of the European operations of beer maker Singha and a former Kerry Group executive, was also appointed as non-executive director.
Pizza operator Papa John’s and Italian casual-dining chain Zizzi are among Jack & Bry’s customers in the UK. The company is looking to launch a range of jackfruit ‘meat’ products in UK retailers this year.
Last month, Jack & Bry also launched a menu of products on Deliveroo and Uber Eats. It has opened a dark kitchen in north London to meet “soaring demand” for vegan takeaways dishes.
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By GlobalData
