Prince Khaled bin Alwaleed, a member of Saudi royal family, the founder & CEO of KBW Ventures, one of the top venture capitalists of Gulf often referred to as ‘Tech Prince’, is set to join the San Francisco-based summit that will discuss the future of food and the evolution of plant-based tech.
The summit has been named as ‘The Future of Food 2.0’ which will be held on 10 July at the WeWork headquarters in Silicon Valley. Prince Khaled will be joining a fireside chat with the environmental advocate and former actress Suzy Amis Cameron. The summit will also amalgamate renowned personalities like Bruce Friedrich, co-founder of The Good Food Institute, plus the representatives from the key venture capital firms like Stray Dogs Capital and New Crop Capital.
Prince Khaled, known for his vegan lifestyle, a clean energy proponent is on a mission to create a better world for people and animals. With his enthusiasm and billion-dollars of investments, he wants to transform the Middle East into a vegan haven by opening 10 plant-based meat substitute eateries in 2019 itself. He is actively partnering with meat substitute production firms including Beyond Meat, lab-meat producer Memphis Meats and plant-based food company Just Inc.
The plant-based technology sector has seen a sharp spike in recent weeks, a great example of which is Beyond Meat (Los Angeles-based producer of plant-based meat) whose stock has risen by more than 540 percent since the company went public in May. And such gigantic growth in its IPO within such a short span of 2 months is undoubtedly remarkable.
Moreover, the plant-based meat sector not only encompasses meat substitute production but also holds the potential to attract global markets and consumers with its innovation and many new plant-based products.
Image Credits: VegNews.com