About biftek
biftek is a company based in Newark (United States) founded in 2018.. biftek has raised $62.5 thousand across 2 funding rounds from investors including CULT Food Science and StartersHub. biftek offers products and services including Growth Medium Supplements and Cultured Meat Technology.
- Headquarter Newark, United States
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Sectors
Agriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Biftek Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$62.5 K (USD)
in 2 rounds
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Latest Funding Round
$62.5 K (USD), Seed
Dec 29, 2021
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Investors
CULT Food Science
& 1 more
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Employee Count
Employee Count
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Products & Services of biftek
biftek offers a comprehensive portfolio of products and services, including Growth Medium Supplements and Cultured Meat Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Supplements are produced for cultured meat to enhance affordability and sustainability by reducing costs and environmental impact.
Technology is provided to promote ethical consumption and minimize resource use in meat production.
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Funding Insights of biftek
biftek has successfully raised a total of $62.5K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $62.5 thousand completed in December 2021. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $62,500
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Seed - biftek | Valuation |
investors |
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| Aug, 2021 | Amount | Seed - biftek | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in biftek
biftek has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CULT Food Science and StartersHub. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sector-agnostic acceleration is offered to startups across industries.
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Founded Year | Domain | Location | |
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Early-stage cellular agriculture and food tech investments are targeted.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by biftek
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - biftek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Biftek Comparisons
Competitors of biftek
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about biftek
When was biftek founded?
biftek was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is biftek located?
biftek is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
Is biftek a funded company?
biftek is a funded company, having raised a total of $62.5K across 2 funding rounds to date.
What does biftek do?
Biftek was founded in 2018 and is headquartered in Newark, United States. Operations focus on the meat products sector, where various meat items are produced and supplied to markets. The company is led by co-founder Can Akcali. Activities are centered in the United States, with distribution handled through established channels to meet industry demands.
What products or services does biftek offer?
biftek offers Growth Medium Supplements and Cultured Meat Technology.
Who are biftek's investors?
biftek has 2 investors. Key investors include CULT Food Science, and StartersHub.