Float Foods

Singapore, Singapore Founded: 2020 • Age: 6 yrs
Platform offering plant-based egg substitute food products
Annual revenue $94,437 Latest available
Total funding $1.7M 2 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 1 Services tracked
Competitors 2 Brand Intelligence

About Float Foods

Float Foods is a company based in Singapore (Singapore) founded in 2020. Float Foods has raised $1.66 million across 2 funding rounds from investors including Agrocorp, DSG Consumer Partners and Insignia Ventures Partners. Float Foods offers products and services including OnlyEg. Float Foods operates in a competitive market with competitors including Hoow Foods, among others.

  • Headquarter Singapore, Singapore
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Float Foods Pte Ltd
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $94.44 K (USD)
    1017
    as on Jul 31, 2023
  • Net Profit
    -$1.35 M (USD)
    33
    as on Jul 31, 2023
  • EBITDA
    -$1.35 M (USD)
    32
    as on Jul 31, 2023
  • Total Equity Funding
    $1.66 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.66 M (USD), Seed

    Jun 08, 2021

  • Investors
    Agrocorp

    & 8 more

  • Employee Count
    Not available
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Products & Services of Float Foods

Float Foods offers a comprehensive portfolio of products and services, including OnlyEg.

Product name locked
Category locked
Primary

Plant-based egg alternative made from legumes for cooking and baking.

Funding Insights of Float Foods

Float Foods has successfully raised a total of $1.66M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.66 million completed in June 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.

Investors in Float Foods

Float Foods has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Agrocorp, DSG Consumer Partners and Insignia Ventures Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investing in and supporting insurgent consumer brands in India and Southeast Asia.
Locked Locked Locked
Venture capital services and app-based platform requiring JavaScript.
Locked Locked Locked
Apricot Capital is engaged in investing in impactful entrepreneurs.
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Investor details for Float Foods

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Float Foods

Investments
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Investment portfolio details for Float Foods

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Float Foods

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Detailed financials for Float Foods

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Float Foods Comparisons

Float Foods Primary company
Description
Platform offering plant-based egg substitute food products
Location
Singapore, Singapore
Founded Year
2020
Annual Revenue
$94.44 K (USD)
Net Profit
-$1.35 M (USD)
EBITDA
-$1.35 M (USD)
Employees
Not available
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Peer comparison for Float Foods

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Competitors of Float Foods

Float Foods operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hoow Foods, among others.

Company Name Domain Founded year HQ Location Description
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Detailed competitors of Float Foods

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Latest news on Float Foods

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Complete news archive for Float Foods

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Frequently Asked Questions about Float Foods

Float Foods was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Float Foods is headquartered in Singapore, Singapore.

Float Foods is a funded company, having raised a total of $1.66M across 2 funding rounds to date.

Annual revenue of Float Foods is $94.44K as on Jul 31, 2023.

Float Foods was founded in 2020 in Singapore. Operations are centered on the plant-based food sector, where a platform for egg substitute products is provided. The product OnlyEgg has been developed via proprietary technology and in-house research and development. Legumes-based alternatives for both egg yolk and egg white are utilized to replicate traditional egg functions.

Float Foods's top competitors include Hoow Foods.

Float Foods offers OnlyEg.

Float Foods has 9 investors. Key investors include Agrocorp, DSG Consumer Partners, Insignia Ventures Partners, Apricot Capital, and Teja Ventures.

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