About ANDFOODS
ANDFOODS is a Consumer company based in Palmerston North (New Zealand) founded in 2023 by Alejandra Acevedo Fani, Alex Devereux, Yiran Wang, Arup Nag, Debashree Roy, and Harjinder Singh. Plant-based dairy alternatives from pulses are offered sustainably. ANDFOODS has raised $2.7 million across 1 funding round from investors including Icehouse Ventures. Its chief executive, as recorded, is Alex Devereux. ANDFOODS offers products and services including Pulse-Based Ingredients. Its focus areas include Food and Agriculture Tech, Food Tech, Novel Foods and Food Products.
Company details
ANDFOODS was founded in 2023 and is based in Palmerston North, New Zealand. Operations focus on the food sector, where plant-based dairy products are developed using pulses and fermentation processes. A range of alternatives, including soya milks, yoghurts, and cheeses, is provided to support sustainable options in the dairy market. The company is led by a team of co-founders with expertise in product development and technology.
- Headquarters Palmerston North, New Zealand
- Founders Alejandra Acevedo Fani, Alex Devereux, Yiran Wang, Arup Nag, Debashree Roy, Harjinder Singh
- SectorsConsumer
- Website andfoods.co
- Social LinkedIn
- Total Equity Funding$2.7M (USD)
in 1 rounds
- Latest Funding Round$2.7M (USD), Seed
Mar 2024
- Investors
Products & Services of ANDFOODS
ANDFOODS offers a comprehensive portfolio of products and services, including Pulse-Based Ingredients.
Nutritious plant-based dairy alternatives from pulses for sustainable food products.
Funding Insights of ANDFOODS
ANDFOODS has successfully raised a total of $2.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.7 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.7M
- Total Rounds 1
- Last Round Seed — $2.7M
- First Round $2.7M
(Mar 2024)
- Investors Count 1
All 1 funding rounds of ANDFOODS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $2.7M | Seed | – | Icehouse Ventures | – |
1 investors in total: 1 institutional.
Investors in ANDFOODS
ANDFOODS has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Icehouse Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE fund focused on high growth companies of New Zealand | icehouseventures.co.nz | Auckland, New Zealand |
Investor details for ANDFOODS
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of ANDFOODS
9 people are tracked at ANDFOODS (9 in leadership).
| Name | Role | Group |
|---|---|---|
Alejandra Acevedo Fani | Co-Founder | Leadership |
Alex Devereux | Co-Founder & CEO | Leadership |
Yiran Wang | Co-Founder | Leadership |
Arup Nag | Co-Founder & CTO | Leadership |
Debashree Roy | Co-Founder | Leadership |
Harjinder Singh | Co-Founder | Leadership |
Barnaby Marshall | Director | Leadership |
Mark Cleaver | Director | Leadership |
Paul Maughan | Director | Leadership |
Complete people profiles for ANDFOODS
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of ANDFOODS
2 dated milestones of ANDFOODS across 1 years, from founding to its latest funding, stage changes and deals.
- Founded ANDFOODS is founded.
- Funding First funding round of $2.7M.
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Frequently Asked Questions about ANDFOODS
ANDFOODS was founded in 2023 and raised its 1st funding round 1 year after it was founded.
ANDFOODS is headquartered in Palmerston North, New Zealand.
Alex Devereux is the CEO of ANDFOODS, as recorded in our data. They have also founded this company.
ANDFOODS is a funded company, having raised a total of $2.7M across 1 funding round to date. The company's 1st funding round was a Seed of $2.7M, raised on Mar 2024.
ANDFOODS was founded in 2023 and is based in Palmerston North, New Zealand. Operations focus on the food sector, where plant-based dairy products are developed using pulses and fermentation processes. A range of alternatives, including soya milks, yoghurts, and cheeses, is provided to support sustainable options in the dairy market. The company is led by a team of co-founders with expertise in product development and technology.
ANDFOODS offers Pulse-Based Ingredients.
ANDFOODS has 1 investor. Key investors include Icehouse Ventures.