Last week, VegTech Invest, a firm that invests in innovative plant-based companies and alternative proteins, threw a party at The New York Stock Exchange to celebrate “the listing of the world’s first Plant-based Innovation ETF.”

Source: Elysabeth Alfano/YouTube

An ETF, or exchange-traded fund, is essentially a cluster of investments like stocks and bonds. It can include stocks from various industries or sectors, or focus on one industry in particular. The Plant-based Innovation ETF boasts over 40 companies, including Oatly, Vitasoy International, Ginko BioWorks, and Beyond Meat. 

“Given the global, urgent need to combat climate change, diminishing planetary and human health and food insecurity issues, we believe that Plant-based Innovation, a way of mitigating these crises, is at the beginning stages of a global megatrend,” said Elysabeth Alfano, the CEO of VegTech Invest, in a press release. “Individual investors and governments recognize the need to invest in Plant-based Innovation as a solution for change in the food and materials supply chains.” 

Some of the attendees included Alfano and employees from The Good Food Institute. There were also bankers, Impact investors, and Broadway entertainers in attendance.   

“The EATV ETF drives capital to companies innovating to disrupt the current food supply system with plant-based products that require fewer resources to produce than the animal-based counterparts,” said Dr. Sasha Goodman, the EATV Fund Manager.  

VegTech, which launched the VegTech Plant-Based Innovation & Climate ETF late last year, is hoping its new ETF will help bring much-need exposure to this critical sector. The firm also introduced a “Plant-based Innovation & Alternative Proteins Index” earlier this year to measure the growth of this industry.

To invest in this groundbreaking ETF, click here.  

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