Contact 19/05/2021 Pembroke VCT exits its investment in Plenish News / Pembroke VCT exits its investment in Plenish Sale to Britvic represents 2.3x return on initial investment Pembroke VCT has exited its investment in Plenish, the award-winning plant-based milks and plant-powered juice brand. The innovative beverage brand, which was one of Pembroke VCT’s earliest investments, has been acquired by Britvic to boost its plant-based drinks portfolio and cater to the growing demand for healthy and nutritious juices. Plenish was founded in 2012 by Kara Rosen who after moving from the US saw a gap in the UK market for cold pressed juices with no added sugar. The company’s product offering has since grown to offer a range of plant-based milks and plant-powered juice drinks, that are now widely stocked at major national grocery retailers and through their own direct to consumer site, plenishdrinks.com. Plenish achieved B Corp status in 2020 and became the first plant-based drinks brand to be carbon negative. Pembroke VCT made its first investment into Plenish in 2013. It has sold its stake in Plenish as part of the deal with Britvic and the exit represents a 2.3x return. Andrew Wolfson, CEO of Pembroke commented; “Congratulations to Kara Rosen and the whole team at Plenish on news of its acquisition by Britvic. Pembroke VCT was an early investor in Plenish as we first recognised its potential in 2013, just a year after it was established, so we are delighted to see the company through to its next stage. We have really enjoyed working with the Plenish team and have always been impressed by their forward thinking, integrity and sheer hard work”. Kara Rosen, Founder of Plenish, said: “I’m so excited for Plenish to join forces with Britvic, who I’ve long admired as a brilliant builder of brands and shares similar values, particularly around healthier people and planet. Together we can reach more people in more places with products and programmes that help you feel good, made in a way that you can feel good about. “I am so grateful to Andrew Wolfson and Peter Dubens at Pembroke who believed in Plenish from an early stage and have been the most incredible investors. They over-delivered on their promise to support founders through the good and the hardest of times with contacts, strategic advice and a consistent positive force cheering in your corner.” More News Filter by 19/11/2021 Half-yearly Report for the six months ended 30 September 2021 The Directors are pleased to attach the Company’s Half-yearly Report for the six months ended 30 September 2021. Click on, or paste the following link into your web browser, to view the associated PDF document. https://pembrokevct.com/wp-content/uploads/2021/11/Pembroke-Interim-RA-2021.pdf The Half-yearly Report may also be downloaded from the Company’s website at https://pembrokevct.com/current-offer/ For further information, please contact: Andrew Wolfson […] 22/10/2021 Pembroke VCT is lead investor in £2.6m JustWears fundraise The company making functional, sustainable, high-quality basic wear. Pembroke VCT, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has invested £2m into JustWears, the men’s basic wear brand focused on comfortable, sustainable and high-performance fabrics. JustWears was launched in 2018 by co-founders Yang Liu and Alex Walsh to […] 05/10/2021 Pembroke VCT invests £1m into food delivery disrupter Peckwater Brands Data driven, delivery-only virtual food brands increasing revenue for local restaurants Pembroke VCT has invested £1m into Peckwater Brands, the creator of data-driven virtual food brands, which develops delivery-only, fully-serviced food concepts to increase revenue for existing restaurants, its franchisees. Launched by co-founders Leo Bradshaw and Sam Martin in June 2020, Peckwater’s solution allows independent […] 04/10/2021 Results of Annual General Meeting Pembroke VCT plc (the ”Company”) At the Annual General Meeting of the Company held on Thursday 30 September 2021 at 9.00am, the following resolutions were duly passed. Ordinary Resolutions To receive the Directors’ and the Independent Auditor’s Reports and the Company’s Financial Statements for the year ended 31 March 2021. To approve a final dividend […] © 2021 PembrokeVCT. All Rights Reserved Explore About Team Portfolio Founder Stories Seeking funding Current Offer Investors News Contact Legal Privacy Policy Cookies Legal Information Risks Contact us +44 (0) 20 7766 6900 info@pembrokevct.com instagram twitter LinkedIn new server Cookie Control Your choice regarding cookies on this site We use cookies to optimise site functionality and give you the best possible experience. AcceptCookie Preferences