Vegan Investment Group Makes First Funding Move In Brazil With Plant-Based Chocolate Brand


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Brazilian vegan chocolate brand Super Vegan gets funding from vegan investment group, Veg Capital Veg Capital is hoping to invest in more plant-based companies in Brazil in the future - Media Credit: Supplied

Vegan investment group Veg Capital has made its first funding partnership in Brazil with Super Vegan, a plant-based chocolate brand.

It comes as the brand is scaling up production with new facilities and equipment – and even eying global expansion.

Vegan chocolate

Since its inception three years ago, Super Vegan now has 11 plant-based chocolate offerings, such as Cookies and Cream, White Strawberry Chocolate, and Vanilla and Nougat.

They’re all made with plant-based milk including coconut and rice, as well as ethically sourced nuts and cocoa butter.

The idea behind the brand was to create the perfect vegan alternative to white chocolate, which is usually made with dairy.

As a result, Founder Juliana Salgado Gaze began making her own in her kitchen and sharing it among friends.

Now, she sells her chocolates online and in Brazilian markets and coffee shops.

Super Vegan is available online and across various stores and cafes in Brazil

Super Vegan investment

Veg Capital invested in the company last year alongside Crica Wolthers, with a view to helping Gaze expand the business. 

It’s the company’s first investment in Brazil, and hopes are that it will allow Gaze to propel Super Vegan to produce 10 times the sales across the next 12 months. 

Moreover, the funding will help Super Vegan reach more people around the world.

This will begin in other Latin American countries, and plans are for European exports to follow in 2022.

Additionally, Veg Capital says it hopes to invest in more Brazil-based plant-based businesses in the future.

You can view Super Vegan’s products here

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