Drake To Invest In Plant Based Chicken Company

Drake, the notorious artist of the decade has made another business move by investing in the faux meat industry. He has participated in the series B raise of $40 million with Darling Foods according to Bloomberg. With these investments the Plant-based chicken company based in Los Angeles will gain the chance to expand its retail distribution.

When it comes to the topic of eating meat or being Vegetarian, Drizzy has confirmed in the past that he’ a vegetarian. At one time in his life during his on-going music career he decided to make the switch back in 2018. Rumors were not strong to believe but he later confirmed in an Instagram post. He captioned “if two vegans are angry at each other… is it beef”.

In terms of what meat is most popular, globally pork is the most popular meat across the whole world. However, in the US Poultry meat (Chickens, turkeys, ducks) is the most popular. This is partly why most faux meat companies are focusing on bringing forward possible substitutes for protein.

It’s good to see Drake being an example of investing into something that is beneficial to his lifestyle of survival. According to Future Market Insight’s research, its estimated that by 2030 the faux chicken industry is projected to reach $8 million.

Written By: Adrian Lawal

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LinkedIn: Adrian Lawal