About Current Foods
Current Foods is a Consumer company based in San Francisco (United States) founded in 2019, and was acquired by Ahimsa in June 2024. It operates as a plant-based seafood alternatives are offered via an internet-first brand. Current Foods has raised $24.15 million across 3 funding rounds from investors including Wicked Kitchen, Electric Feel Ventures and Union Grove Venture Partners. The company has 27 employees. Current Foods offers products and services including Plant-based Tuna and Smoked Salmon. Its focus areas include Food and Agriculture Tech, Food Tech, Novel Foods and Food Products. Its legal entity is CURRENT FOODS, INC. Its competitors include New Wave Foods, BlueNalu, Good Catch, Wild Type and Aqua Cultured Foods and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Current Foods was founded in 2019 in San Francisco, United States, and operates in the plant-based nutrition sector. Products such as tuna and salmon alternatives are provided through an online platform. Ingredients including bamboo, potato, radish, tomato, algae, and peas are utilized in the formulations. The offerings are stated to exclude cholesterol, mercury, and microplastics.
- Headquarters San Francisco, United States
- Employees 27
- Stage Acquired
- SectorsConsumer
- Website currentfoods.com
- Social LinkedIn X Instagram
- Acquired by Wicked Kitchen (May 2023)
- Legal Name Current Foods, Inc.
- Total Equity Funding$24.15M (USD)
in 3 rounds
- Latest Funding Round$18M (USD), Seed
Jun 2022
- InvestorsWicked Kitchen
& 9 more
- Employee Count27
- Acquired by
Products & Services of Current Foods
Current Foods offers a comprehensive portfolio of products and services, including Plant-based Tuna and Smoked Salmon.
Vegan tuna made from plants for sustainable fish-free meals.
Plant-based salmon mimicking texture for vegan diets.
Funding Insights of Current Foods
Current Foods has successfully raised a total of $24.15M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $18 million completed in June 2022. 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 $24.15M
- Total Rounds 3
- Last Round Seed — $18M
- First Round $150,000
(Aug 2020)
- Investors Count 8
All 3 funding rounds of Current Foods 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 |
|---|---|---|---|---|---|
| Jun 2022 | $18M | Seed | – | – | |
| Jun 2021 | $6M | Seed | – | Astanor, Good Seed Ventures | |
| Aug 2020 | $150,000 | Seed | – | Y Combinator | – |
10 investors in total: 7 institutional and 3 angel.
Investors in Current Foods
Current Foods has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wicked Kitchen, Electric Feel Ventures and Union Grove Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in growth-stage US tech companies are targeted. | – | ugvp.com | Chapel Hill, United States | |
Astanor is focused on transforming the agrifood system through investments. | – | astanor.com | - | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Good Seed Ventures is focused on investing in sustainable food solutions. | – | goodseedventures.com | - | |
Early-stage technology sectors are targeted for investments by Ahimsa. | – | ahimsa.vc | Bengaluru, India | |
Multi-genre music is released by the record label. | 2013 | electricfeelent.com | Miami, United States | |
CP Chris Paul | - | – | unknown_b58763f198674cc7b | - |
KV Kyle Vogt | Co-founder of Cruise, tech entrepreneur, and active angel investor in startups. | – | unknown_0efdc7050d2446d7a | - |
AO Alexis Ohanian | Co-founder of Reddit, Initialized Capital, active angel investor in tech startups. | – | unknown_61c980fc71154b95a | - |
Frozen ready meals are branded and distributed by Wicked Kitchen. | 2006 | wickedkitchen.com | Chicago, United States |
Investor details for Current Foods
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Current Foods
2 people are tracked at Current Foods (1 in leadership, 1 in team); the tracked headcount is 27.
| Name | Role | Group |
|---|---|---|
Dinishi Abayarathna | VP of Strategy | Leadership |
Melvinna Tania | Associate Product Developer | Team |
Complete people profiles for Current Foods
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Timeline of Current Foods
5 dated milestones of Current Foods across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Current Foods is founded.
- Funding First funding round of $150K.
- Funding Latest funding round, Seed, of $18.0M.
- Exit Acquired by Wicked Kitchen.
- Exit Acquired by Ahimsa.
Competitors of Current Foods
Current Foods has 9 listed competitors in our database, 8 of them funded. They include New Wave Foods, BlueNalu, Good Catch, Wild Type and Aqua Cultured Foods, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| newwavefoods.com | 2015 | San Francisco, United States | $18M | – | Plant-based seafood alternatives are provided using algae and sustainable ingredients. | |
| bluenalu.com | 2017 | San Diego, United States | $118M | – | Seafood products are produced and supplied using fish cells. | |
| goodcatchfoods.com | 2016 | New York, United States | $81.85M | 49 | Developer of vegan and plant-based seafood substitutes | |
| wildtypefoods.com | 2016 | San Francisco, United States | $139M | 74 | Lab-grown fish is developed using cell cultivation technology. | |
| aquaculturedfoods.com | 2021 | Chicago, United States | $7.88M | 7 | Seafood alternatives are developed through microbial fermentation processes. | |
| finlessfoods.com | 2017 | New York, United States | $37.85M | 13 | Fish meat is cultured through synthetic biology techniques. | |
| cultureddecadence.com | 2020 | Madison, United States | $1.7M | – | Seafood substitutes are developed via cell culture technology. | |
| oceanhuggerfoods.com | 2015 | New York, United States | $8.7M | – | Plant-based seafood alternatives are produced and supplied from tomatoes. | |
| plantbasedseafoodco.com | 2020 | Gwynn, United States | – | – | Plant-based seafood alternatives are provided via an online platform. |
Detailed competitors of Current Foods
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Top companies in Food & Beverage Platforms
10 companies that operate in the same segment as Current Foods (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 6,903 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 592.4 M | – | 16,949 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 | |
Rides and deliveries are facilitated via a mobile app platform. | 2012 | Dubai, Dubai, United Arab Emirates | USD 771.7 M | – | 6,360 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Current Foods
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Frequently Asked Questions about Current Foods
Current Foods was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Current Foods is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Current Foods is a funded company, having raised a total of $24.15M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Aug 2020.
Current Foods has 27 employees.
Current Foods was founded in 2019 in San Francisco, United States, and operates in the plant-based nutrition sector. Products such as tuna and salmon alternatives are provided through an online platform. Ingredients including bamboo, potato, radish, tomato, algae, and peas are utilized in the formulations. The offerings are stated to exclude cholesterol, mercury, and microplastics.
Current Foods's top competitors include Wild Type, BlueNalu and Good Catch.
Current Foods offers Plant-based Tuna and Smoked Salmon.
Current Foods has 10 investors. Key investors include Wicked Kitchen, Electric Feel Ventures, Union Grove Venture Partners, Astanor, and Chris Paul.
Current Foods operates through Current Foods, Inc..
Yes. Current Foods was acquired by Wicked Kitchen in May 2023.