About New Culture
New Culture is a company based in San Francisco (United States) founded in 2018 by Matt Gibson and Inja Radman.. New Culture has raised $30.22 million across 6 funding rounds from investors including Kraft Heinz Company, CJ CheilJedang and Ahren Innovation Capital. The company has 31 employees as of December 31, 2022. New Culture offers products and services including Animal-Free Mozzarella and Casein Protein. New Culture operates in a competitive market with competitors including Califia Farms, Oatly, Climax Foods, Nobell Foods and MALK Organics, among others.
- Headquarter San Francisco, United States
- Employees 31 as on 31 Dec, 2022
- Founders Matt Gibson, Inja Radman
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name New Culture 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
$30.22 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Kraft Heinz Company
& 16 more
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Employee Count
31
as on Dec 31, 2022
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Products & Services of New Culture
New Culture offers a comprehensive portfolio of products and services, including Animal-Free Mozzarella and Casein Protein. 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.
Cheese that mimics traditional mozzarella for pizzas without animal products.
Fermented protein used in food production for sustainable alternatives.
Funding Insights of New Culture
New Culture has successfully raised a total of $30.22M across 6 strategic funding rounds. 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 6
- Last Round Last Round
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First Round
First Round
(28 Mar 2019)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - New Culture | Valuation | CJ CheilJedang |
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| Nov, 2021 | Amount | Series A - New Culture | Valuation | Ahren , CPT Capital | |
| Jun, 2020 | Amount | Seed - New Culture | Valuation |
investors |
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| 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 New Culture
New Culture has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include Kraft Heinz Company, CJ CheilJedang and Ahren Innovation 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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Investment in deep technology and science is facilitated.
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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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Investments in food-tech startups are made by Be8 Ventures.
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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 New Culture
| 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 - New Culture
| 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 |
New Culture Comparisons
Competitors of New Culture
New Culture 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 Califia Farms, Oatly, Climax Foods, Nobell Foods and MALK Organics, 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 dairy alternatives like almond and oat milks are manufactured.
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| domain | founded_year | HQ Location |
Plant-based dairy alternatives from oats are provided by Oatly.
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| domain | founded_year | HQ Location |
The platform develops the newest plant-based dairy products
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| domain | founded_year | HQ Location |
Plant-based cheese is produced using patented soybean-derived casein.
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| domain | founded_year | HQ Location |
Plant-based dairy alternatives are provided using dry fruits and nuts.
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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 New Culture
Frequently Asked Questions about New Culture
When was New Culture founded?
New Culture was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is New Culture located?
New Culture is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of New Culture?
Matt Gibson is the current CEO of New Culture. They have also founded this company.
Is New Culture a funded company?
New Culture is a funded company, having raised a total of $30.22M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.47M, raised on Mar 28, 2019.
How many employees does New Culture have?
As of Dec 31, 2022, the latest employee count at New Culture is 31.
What does New Culture do?
New Culture was founded in 2018 and is headquartered in San Francisco, United States. Animal-free dairy products are produced through precision fermentation technology in the food biotechnology sector. Operations center on creating casein-based alternatives to traditional dairy without animal sourcing. The company is led by co-founders Matt Gibson as CEO and Inja Radman as CSO and CTO, with focus on sustainable protein solutions for the global market.
Who are the top competitors of New Culture?
New Culture's top competitors include Califia Farms, Oatly and Climax Foods.
What products or services does New Culture offer?
New Culture offers Animal-Free Mozzarella and Casein Protein.
Who are New Culture's investors?
New Culture has 17 investors. Key investors include Kraft Heinz Company, CJ CheilJedang, Ahren Innovation Capital, CPT Capital, and be8 Ventures.