About ENOUGH
ENOUGH is a company based in Glasgow (United Kingdom) founded in 2015 by David Ritchie and Craig Johnson.. ENOUGH has raised $110.82 million across 7 funding rounds from investors including Nutreco, University of Strathclyde and Cargill. The company has 20 employees as of December 31, 2022. ENOUGH offers products and services including ABUNDA.
- Headquarter Glasgow, United Kingdom
- Employees 20 as on 31 Dec, 2022
- Founders David Ritchie, Craig Johnson
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 3F Bio Ltd
- Date of Incorporation 30 Jan, 2015
- Jurisdiction GLASGOW, SCOTLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$110.82 M (USD)
in 7 rounds
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Latest Funding Round
$7.24 M (USD), Series C
Feb 08, 2024
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Investors
Nutreco
& 15 more
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Employee Count
20
as on Dec 31, 2022
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Products & Services of ENOUGH
ENOUGH offers a comprehensive portfolio of products and services, including ABUNDA. 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.
Fermented mycoprotein for eco-friendly meat and seafood alternatives.
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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 Total Funding
- Total Rounds 7
- Last Round Series C — $7.2M
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First Round
First Round
(07 Jul 2017)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series C - ENOUGH | Valuation | Cargill |
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| Aug, 2023 | Amount | Series B - ENOUGH | Valuation | World Fund , CPT Capital | |
| Jan, 2021 | Amount | Series B - ENOUGH | Valuation | Nutreco , Olympic Investment |
| 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 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. 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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World Fund is recognized as a leading European climate tech venture capital fund.
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Founded Year | Domain | Location | |
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Venture capital fund backed by a single family office
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Founded Year | Domain | Location | |
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Diversified alternative assets are managed through investment strategies.
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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 ENOUGH
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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 - ENOUGH
| 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 |
Enough Comparisons
Competitors of ENOUGH
| 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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Latest news on Enough
Frequently Asked Questions about ENOUGH
When was ENOUGH founded?
ENOUGH was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is ENOUGH located?
ENOUGH is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
Is ENOUGH a funded company?
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 Series B of $51.12M, raised on Jul 07, 2017.
How many employees does ENOUGH have?
As of Dec 31, 2022, the latest employee count at ENOUGH is 20.
What does ENOUGH do?
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.
What products or services does ENOUGH offer?
ENOUGH offers ABUNDA.
Who are ENOUGH's investors?
ENOUGH has 16 investors. Key investors include Nutreco, University of Strathclyde, Cargill, Scottish Enterprise, and European Union.
What is ENOUGH's valuation?
The valuation of ENOUGH is $99.34M as of Jan 2021.