About ENOUGH
ENOUGH is a Consumer company based in Glasgow (United Kingdom) founded in 2015 by David Ritchie and Craig Johnson. Fungi-based meat substitutes are developed under the ENOUGH brand. ENOUGH has raised $110.82 million across 7 funding rounds from investors including Nutreco, University of Strathclyde and Cargill. The company has 20 employees. ENOUGH was last valued at $99.34 million in January 2021. ENOUGH offers products and services including ABUNDA. Its focus areas include Food and Agriculture Tech, Food Tech, Novel Foods and Food Products. Its legal entity is 3F BIO LTD.
Company details
ENOUGH was founded in 2015 in Glasgow, United Kingdom, focusing on the alternative protein sector. Mycoprotein ingredients are produced through fermentation under the ABUNDA brand, serving as a protein-rich component for vegan, vegetarian, and flexitarian diets. The product includes essential amino acids, zinc, and iron, with a fibrous texture derived from fungi. Operations center on supplying this ingredient to food manufacturers globally.
- Headquarters Glasgow, United Kingdom
- Employees 20
- Founders David Ritchie, Craig Johnson
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Website enough-food.com
- Social LinkedIn X Instagram Threads
- Legal Name 3F Bio Ltd
- Date of Incorporation 30 Jan, 2015
- Jurisdiction GLASGOW, SCOTLAND
- Total Equity Funding$110.82M (USD)
in 7 rounds
- Latest Funding Round$7.24M (USD), Series C
Feb 2024
- InvestorsNutreco
& 15 more
- Employee Count20
Products & Services of ENOUGH
ENOUGH offers a comprehensive portfolio of products and services, including ABUNDA.
Fermented mycoprotein for eco-friendly meat and seafood alternatives.
Funding Insights of ENOUGH
ENOUGH has successfully raised a total of $110.82M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $7.24 million completed in February 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 $110.82M
- Total Rounds 7
- Last Round Series C — $7.24M
- First Round $596,755
(Jul 2017)
- Investors Count 16
All 7 funding rounds of ENOUGH 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 |
|---|---|---|---|---|---|
| Feb 2024 | $7.24M | Series C | – | Cargill | – |
| Aug 2023 | $43.47M | Series B | – | World Fund, CPT Capital | |
| Jan 2021 | $51.12M | Series B | $99.34M | Nutreco, Olympic Investment | |
| Oct 2019 | $3.1M | Series A | $16.33M | – | – |
| Jul 2019 | $20.69M | Grant | – | – | |
| Apr 2018 | $5.29M | Series A | $••••• | – | – |
| Jul 2017 | $596,755 | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2021 | $99.34M | •••••••• |
| Oct 2019 | $16.33M | •••••••• |
| Apr 2018 | $••••• | •••••••• |
Full valuation and stage history of ENOUGH
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $99.34M (Jan 2021). 16 investors in total: 15 institutional and 1 angel.
Investors in ENOUGH
ENOUGH has secured backing from 16 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Nutreco, University of Strathclyde and Cargill.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
World Fund is recognized as a leading European climate tech venture capital fund. | worldfund.vc | Europe | ||
Venture capital fund backed by a single family office | cptcap.com | London, United Kingdom | ||
Diversified alternative assets are managed through investment strategies. | 1994 | axa-im.com | Puteaux, France | |
HAL Investments is engaged in acquiring significant company shareholdings. | 1873 | halinvestments.nl | Rotterdam, Netherlands | |
Venture capital firm focused on multiple sectors | dcvc.com | Palo Alto, United States | ||
| eos-tech-investors.com | ||||
Food, ingredients, agricultural solutions, and industrial products are provided globally. | 1865 | cargill.com | Minneapolis, United States | |
Non-profit organization that fosters art, culture, education, and health initiatives through various programs, residencies, and fellowships, promoting creativity, innovation, and social impact | 1975 | onassis.org | Athens, Greece | |
Business development and leadership training programs are offered to companies. | 1991 | scottish-enterprise.com | Glasgow, United Kingdom | |
Provider of animal nutrition solutions and technologies | 1994 | nutreco.com | Amersfoort, Netherlands |
Investor details for ENOUGH
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of ENOUGH
16 people are tracked at ENOUGH (7 in leadership, 9 in team); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
David Ritchie | Founder | Leadership |
Craig Johnson | Founder | Leadership |
Jim Laird | CEO | Leadership |
Craig Johnston | Co-founder, Technology Director | Leadership |
Michael Kilkie | Head of Culinary | Leadership |
sophia mavromati | Head Of Quality | Leadership |
Samah Garringer | Chief Commercial Officer | Leadership |
Dimitris kreulen | Engineering Manager | Team |
Tom Verbist | Senior Maintenance Engineer | Team |
Joeri Poelmans | Project Engineer | Team |
Pol de Schepper | Procesingenieur | Team |
Evangelos Paliouras | Quality Support Manager | Team |
Michele Carone | Senior Fermentation Scientist | Team |
Lotte Symoens | Bioprocess Engineer | Team |
Lennard Loomans | Commissioning Engineer | Team |
Carolina Penarete Garzon | Lead Process Engineer | Team |
Complete people profiles for ENOUGH
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of ENOUGH
4 dated milestones of ENOUGH across 9 years, from founding to its latest funding, stage changes and deals.
- Founded ENOUGH is founded.
- Funding First funding round of $597K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $7.2M.
Web traffic of ENOUGH
The website of ENOUGH (enough-food.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 5.5% vs previous month
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Frequently Asked Questions about ENOUGH
ENOUGH was founded in 2015 and raised its 1st funding round 2 years after it was founded.
ENOUGH is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
ENOUGH is a funded company, having raised a total of $110.82M across 7 funding rounds to date. The company's 1st funding round was a Seed of $596.76K, raised on Jul 2017.
ENOUGH has 20 employees.
ENOUGH was founded in 2015 in Glasgow, United Kingdom, focusing on the alternative protein sector. Mycoprotein ingredients are produced through fermentation under the ABUNDA brand, serving as a protein-rich component for vegan, vegetarian, and flexitarian diets. The product includes essential amino acids, zinc, and iron, with a fibrous texture derived from fungi. Operations center on supplying this ingredient to food manufacturers globally.
ENOUGH offers ABUNDA.
ENOUGH has 16 investors. Key investors include Nutreco, University of Strathclyde, Cargill, Scottish Enterprise, and European Union.
The valuation of ENOUGH is $99.34M as of Jan 2021.
ENOUGH operates through 3F Bio Ltd.