VFC Foods raises £7.5m in seed funding round

Vegan fried chicken firm VFC Foods has announced it has secured £7.5 million in a seed funding round led by vegan investment fund Veg Capital.

Founded in late 2020, VFC produces a wide range of vegan fried chicken products, including Chick*n Fillets, Popcorn Chick*n and Chick*n Bites. The funding will be used to grow the company’s team and support distribution expansion.

VFC’s commercial director, Stewart McGuckin, said: “The reception from both customers and consumers has been incredible, and the successful Tesco launch has allowed us to secure listings in more of the UK’s top four grocers, as well as the largest foodservice wholesalers. Expansion within the UK has been phenomenal, and we are also seeing strong international demand, particularly from the US.”

VFC says that a larger Series A funding round is being considered for mid 2023.

Last year, VFC raised £2.5 million in funding to scale up production and accelerate the growth of the brand, both in the UK and internationally.