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

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