Seed Funding

RIP Foods

©RIP Foods
Company News

RIP Foods Secures €625K to Accelerate Growth in Spanish Food Service

The Spanish plant-based meat startup RIP Foods recently announced it has closed a €625K pre-seed funding round led by Ship2B Ventures.  The funds will increase restaurant sales and double the company’s team to 20 employees by the end of the year. Launching products for retail and closing deals with major supermarkets are also among the company’s plans. RIP (Rich in Plants) was founded in 2021 in Barcelona. It is focused on developing plant-based chicken alternatives for the HORECA channel (foodservice). In January 2022, RIP launched two vegan chicken gyozas flavours, using its Meatrix formula, which it claims encapsulates fats and mimics meat to perfection. RIP’s CEO and Founder Kevin Forssmann commented on the raised funds: “We are very excited about the closing of this funding round due …

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©MeliBio
Investments & Finance

MeliBio Secures $5.7 Million in Seed Funding to Disrupt Global Honey Industry

MeliBio, the world’s first company making real honey without bees, announces a $5.7 million seed funding raise to commercialize its first line of bee-free honey. The seed round, led by Astanor Ventures, brings the startup’s total funding to $7.2 million to date. The raise follows a successful test launch of MeliBio’s honey in four New York City restaurants and at one CPG company, and the startup will now begin scaling its operations and manufacturing. More than 30 companies around the world have already signed on to try its novel honey, MelioBio says. Giving bees a break Founded in 2020 by Darko Mandich and Aaron Schaller, PhD., MeliBio uses precision fermentation and plant science to create its proprietary honey products. The brand conducted a blind industry …

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Change Foods

© Change Foods
Investments & Finance

Dairy Industry Backs Change Foods in $2.1 Seed Round, Signifying “Increasing Open-Mindedness” From Dairy Industry

Precision fermentation startup Change Foods has closed an oversubscribed seed funding round of $2.1 million, including investments from big players in the conventional dairy industry such as GERBER-RAUTH. “We realize that the dairy ecosystem cannot and will not thrive if it remains static … an investment in Change Foods is a sound investment in the future of our industry”- GERBER-RAUTH CEO The round brings the total capital raised by Change Foods to $3.1 million, to bring its animal-free dairy cheese to the US market in 2023. The cheese is made using precision fermentation, which allows the startup to create real cheese without the cows. “This signifies an increasing open-mindedness from the dairy industry” Change Foods founder & CEO David Bucca spoke with vegconomist today: “Conventional …

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Interview with Denise Woodward from Partake Foods
Interviews

Partake Foods: What Happens When You Get a Million in Funding From Jay-Z

Denise Woodward form Partake Foods
Denise Woodward form Partake Foods

Former Coca-Cola national director Denise Woodard launched her allergen-free, vegan cookie company in 2016 after her daughter was diagnosed with multiple food allergies. Last week it was revealed that rap star Jay Z and his VC company Marcy Venture Partners led a $1M seed funding round to invest in Partake Foods in order to take this cookie producer to the next level.

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