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Eat Beyond Global Holdings Inc. has been selected of 21 companies to be part of the VegTech Index.

VegTech Index is the first of its kind. It includes publicly traded plant-based companies, with a goal of showing the financial health of the sector.

"There is plenty of evidence among investors and consumers that the plant-based industry is growing, but by offering consolidated financial data, this index will be a powerful new measure of the full weight, impact, and potential of the plant-based and food tech sector,” says Patrick Morris, chief executive officer of Eat Beyond.

To be considered for the index, companies have to be animal-free and not disrupting wildlife. It was created by Elysabeth Alfano, Plant Powered Consulting Founder, and fellow investor Sasha Goodman.

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