Plantible Foods (Series B)
Funding Details
- Awarder
- Inbox
- Date Award
- November 15, 2024
- Vertical
- Food Technology
- Funding URL
- View Funding Page
- Funding Amount:
- $30,000,000
Company Info
- Traction
- Plantible has secured long-term offtake agreements and aims to increase its revenue tenfold over the next 12 months.
- Organizations Involved
- Chipotle, Griffith Foods
- Founders
- Tony Martens Fekini
- Company Description
- Plantible Foods is a startup extracting RuBisCO ('Rubi protein') from the fast-growing aquatic plant lemna (duckweed). The company focuses on scaling production to meet multi-million dollar offtake agreements with large food companies, leveraging its unique protein's functional properties.
- Market
- Plant-based protein
- Location
- San Diego, California, USA
- Coinvestors
- Piva Capital, Siddhi Capital, Betagro Ventures, Cultivate Next, Nourish Ventures, Astanor Ventures