Lewis Hamilton backed plant-based fast-food chain set to expand
A London-focused plant-based fast-food chain has confirmed the launch of 30 new sites across the capital.
Neat Burger, backed by formula one star Lewis Hamilton, has also completed a funding round valuing the company at $70m, an increase from a $27m valuation last year.
Speaking of the expansion, Lewis Hamilton said: “We created Neat Burger to make plant-based eating more accessible to everyone whether you eat plant-based all the time or just want to add it to your diet every now and again.
“The response to Neat Burger since we opened has been incredible. I’m really proud of the boundaries we have been able to push in this space and the plans for expansion both in terms of sites and delivery are really exciting.”
New restaurant sites include Victoria, Canary Wharf, Westfield Stratford, Bishopsgate, and Ealing.
Sites in Queensway and Waterloo will follow in the spring and further sites to follow in Covent Garden, London Bridge, Clapham.
The latest raise will also fund international expansion (including US, UAE and Italy), and product development, and was led by Rajeev Misra, CEO of SoftBank Investment Advisers.
Rajeev said: “I am thrilled to be part of the Neat team as it continues to develop and expand in the UK – the vegan market is growing rapidly, and it is an exciting time for the brand.”
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