Lypid (Seed)
Funding Details
Awarder
Inbox
Date Award
March 7, 2022
Vertical
Food and Nutrition
Funding URL
View Funding Page
Funding Amount
$4,000,000
Company Info
Traction
Lypid has plans to produce 10 tonnes of fat per year and is focusing on perfecting designer fats for use in plant-based meats. Their approach involves micro-encapsulation of plant oils with high melting points to improve the appearance and texture of vegan meats.
Market
Vegan
Location
California, CA, US
Coinvestors
Green Generation Fund, Big Idea Ventures, SOSV's Indie Bio
Company Description

Lypid is a Californian food tech startup specializing in developing vegan fat solutions for plant-based meats. Their flagship fat development, PhytoFat, utilizes micro-encapsulation of liquid plant oils with high melting points to prevent oil leakage during cooking. The company aims to produce 10 tonnes of fat per year to cater to the growing alt-protein sector.

Links
Website
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