About Matrix Food Technologies
Matrix Food Technologies is a company based in Dublin (United States) founded in 2019 by Jed Johnson was acquired by Nexture Bio in January 2025.. Matrix Food Technologies has raised $3 million across 1 funding round from investors including Unovis Asset Management, Siddhi Capital and Clear Current Capital. Matrix Food Technologies offers products and services including Nanofiber Scaffolds and Microbeads. Matrix Food Technologies operates in a competitive market with competitors including Beyond Meat, SunOpta, NotCo, Meati and Prime Roots, among others.
- Headquarter Dublin, United States
- Founders Jed Johnson
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Sectors
ConsumerTechnology Chemicals & Materials
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Matrix Meats, 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
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Seed
Dec 22, 2020
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Investors
Unovis Asset Management
& 4 more
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Employee Count
Employee Count
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Acquired by
Nexture Bio
(Jan 21, 2025)
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Products & Services of Matrix Food Technologies
Matrix Food Technologies offers a comprehensive portfolio of products and services, including Nanofiber Scaffolds and Microbeads. 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.
Edible scaffolds for growing clean cultivated protein.
Microcarriers that enable sustainable protein scaling.
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Funding Insights of Matrix Food Technologies
Matrix Food Technologies has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in December 2020. 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 1
- Last Round Seed — $3.0M
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First Round
First Round
(22 Dec 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - Matrix Food Technologies | Valuation | Unovis Asset Management |
| 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 Matrix Food Technologies
Matrix Food Technologies has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Unovis Asset Management, Siddhi Capital and Clear Current Capital. 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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Venture capital firm investing in seed to early-stage startups
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Founded Year | Domain | Location | |
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Venture investments in foodtech sectors are managed by Siddhi Capital.
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Founded Year | Domain | Location | |
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Venture capital investments are made in sustainable food systems.
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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 Matrix Food Technologies
| 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 - Matrix Food Technologies
| 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 |
Matrix Food Technologies Comparisons
Competitors of Matrix Food Technologies
Matrix Food Technologies 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 Beyond Meat, SunOpta, NotCo, Meati and Prime Roots, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Plant-based meat substitutes are developed and offered by Beyond Meat.
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| domain | founded_year | HQ Location |
Non-dairy and alternative beverages are provided by SunOpta.
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| domain | founded_year | HQ Location |
AI-powered technology is developed for food product innovation and development.
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| domain | founded_year | HQ Location |
Developer of fungi-based protein meats foods
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| domain | founded_year | HQ Location |
Protein products are produced and supplied using edible fungi.
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| domain | founded_year | HQ Location |
Plant-based meat alternatives including meatballs, hotdogs, and sausages are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Matrix Food Technologies
Frequently Asked Questions about Matrix Food Technologies
When was Matrix Food Technologies founded?
Matrix Food Technologies was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Matrix Food Technologies located?
Matrix Food Technologies is headquartered in Dublin, United States.
Who is the current CEO of Matrix Food Technologies?
Teryn Marie Wolfe is the current CEO of Matrix Food Technologies.
Is Matrix Food Technologies a funded company?
Matrix Food Technologies is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Dec 22, 2020.
What does Matrix Food Technologies do?
Matrix Food Technologies was founded in 2019 and is headquartered in Dublin, United States. Operations focus on the food technology sector, where plant-based proteins are developed as substitutes for meat. Animal component-free formulations, along with cell-based options, are produced to support sustainable protein sources. The company serves the alternative protein market through innovative manufacturing processes.
Who are the top competitors of Matrix Food Technologies?
Matrix Food Technologies's top competitors include Beyond Meat, NotCo and Meati.
What products or services does Matrix Food Technologies offer?
Matrix Food Technologies offers Nanofiber Scaffolds and Microbeads.
Who are Matrix Food Technologies's investors?
Matrix Food Technologies has 5 investors. Key investors include Unovis Asset Management, Siddhi Capital, Clear Current Capital, CPT Capital, and Nexture Bio.