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China Daily / 2020-09 / 23 / Page014

Plant-based food firm in HK nets $70m

By WANG ZHUOQIONG | CHINA DAILY | Updated: 2020-09-23 00:00

TPG and Swire-led funding to help Green Monday expand worldwide

Green Monday Holdings, a Hong Kong-based producer of plant-based foods, has raised $70 million, the firm announced on Tuesday.

The latest funding round was led by TPG's The Rise Fund and Swire Pacific Limited. It is also the largest of its kind to date in Asia, according to Green Monday.

The infusion is expected to accelerate the company's expansion into catering outlets and retail chains worldwide.

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