About New School Foods
New School Foods is a company based in Toronto (Canada) founded in 2020.. New School Foods has raised $18 million across 3 funding rounds from investors including IKEA, Hatch Blue and Good Startup. New School Foods offers products and services including NEW/SCHOOL Salmon™. New School Foods operates in a competitive market with competitors including SunOpta, NotCo, Daiya Foods, Above Food and Burcon, among others.
- Headquarter Toronto, Canada
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18 M (USD)
in 3 rounds
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Latest Funding Round
$6 M (USD), Seed
Aug 28, 2024
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Investors
IKEA
& 13 more
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Employee Count
Employee Count
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Products & Services of New School Foods
New School Foods offers a comprehensive portfolio of products and services, including NEW/SCHOOL Salmon™. 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.
Sustainable salmon alternative that looks, cooks, tastes, and flakes like real fish.
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Funding Insights of New School Foods
New School Foods has successfully raised a total of $18M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in August 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 3
- Last Round Seed — $6.0M
- First Round First Round
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - New School Foods | Valuation |
investors |
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| Feb, 2023 | Amount | Grant - New School Foods | Valuation |
investors |
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| Feb, 2023 | Amount | Seed - New School Foods | Valuation | Lever VC , Blue Horizon |
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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 School Foods
New School Foods has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include IKEA, Hatch Blue and Good Startup. 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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Good Startup is focused on alternative protein investments.
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Founded Year | Domain | Location | |
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Lever VC is focused on investing in food and agriculture transformation.
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Founded Year | Domain | Location | |
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Sustainable food sector ventures are invested in by Blue Horizon.
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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 School Foods
| 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 School Foods
| 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 School Foods Comparisons
Competitors of New School Foods
New School 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 SunOpta, NotCo, Daiya Foods, Above Food and Burcon, 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 |
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 |
Dairy-free cheese alternatives are produced and marketed by Daiya Foods.
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| domain | founded_year | HQ Location |
Plant-based protein products are branded and offered by Above Food.
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| domain | founded_year | HQ Location |
Plant protein-based health drinks and products are provided by Burcon.
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| 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 New School Foods
Frequently Asked Questions about New School Foods
When was New School Foods founded?
New School Foods was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is New School Foods located?
New School Foods is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is New School Foods a funded company?
New School Foods is a funded company, having raised a total of $18M across 3 funding rounds to date.
What does New School Foods do?
New School Foods was established in 2020 in Toronto, Canada, as a brand specializing in plant-based foods. Operations center on the creation and distribution of alternative protein products within the food industry. The company maintains its headquarters in Toronto, where product development and market outreach are managed. Focus is placed on sustainable, plant-derived options for consumers seeking meat alternatives, with activities conducted primarily in the North American market.
Who are the top competitors of New School Foods?
New School Foods's top competitors include NotCo, SunOpta and Daiya Foods.
What products or services does New School Foods offer?
New School Foods offers NEW/SCHOOL Salmon™.
Who are New School Foods's investors?
New School Foods has 14 investors. Key investors include IKEA, Hatch Blue, Good Startup, Newtree Impact, and Protein Industries Canada.