About No Meat Factory
No Meat Factory is a company based in Merritt (Canada) founded in 2018 by Leon Bell.. No Meat Factory has raised $42 million across 1 funding round from investors including Tengelmann Twenty-One and ECP Growth. No Meat Factory offers products and services including Plant-based Protein Alternatives, Plant-based Specialty Products, Whole Veggie Products, High Moisture Extrusion Products, and Co-Manufacturing Services. No Meat Factory operates in a competitive market with competitors including Beyond Meat, SunOpta, NotCo, Daiya Foods and Above Food, among others.
- Headquarter Merritt, Canada
- Founders Leon Bell
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$42 M (USD)
in 1 rounds
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Latest Funding Round
$42 M (USD), Series B
Jan 12, 2023
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Investors
Tengelmann Twenty-One
& 1 more
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Employee Count
Employee Count
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Products & Services of No Meat Factory
No Meat Factory offers a comprehensive portfolio of products and services, including Plant-based Protein Alternatives, Plant-based Specialty Products, Whole Veggie Products, High Moisture Extrusion Products, and Co-Manufacturing Services. 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.
Innovative alternatives to meat and fish using clean label technology.
Specialists in cold cuts and stuffed products for various applications.
Enriched vegetable products like mushroom and broccoli for healthy options.
Products with realistic texture for nutritional and versatile kitchen use.
Custom production to help brands launch plant-based products efficiently.
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Funding Insights of No Meat Factory
No Meat Factory has successfully raised a total of $42M through 1 strategic funding round. The most recent funding activity was a Series B round of $42 million completed in January 2023. 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 Series B — $42.0M
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First Round
First Round
(12 Jan 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series B - No Meat Factory | Valuation | Tengelmann Twenty-One , Emil Capital |
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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 No Meat Factory
No Meat Factory has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Tengelmann Twenty-One and ECP Growth. 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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A family equity investor based in Munich, Germany.
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Founded Year | Domain | Location | |
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Investment and strategic support are provided for consumer brands by ECP Growth.
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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 No Meat Factory
| 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 - No Meat Factory
| 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 |
No Meat Factory Comparisons
Competitors of No Meat Factory
No Meat Factory 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, Daiya Foods and Above Food, 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 |
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-based meat alternatives are manufactured and offered by Zoglos.
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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 No Meat Factory
Frequently Asked Questions about No Meat Factory
When was No Meat Factory founded?
No Meat Factory was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is No Meat Factory located?
No Meat Factory is headquartered in Merritt, Canada. It is registered at Merritt, British Columbia, Canada.
Is No Meat Factory a funded company?
No Meat Factory is a funded company, having raised a total of $42M across 1 funding round to date. The company's 1st funding round was a Series B of $42M, raised on Jan 12, 2023.
What does No Meat Factory do?
No Meat Factory was founded in 2018 in Merritt, Canada, and operates within the plant-based food sector. Products such as burgers, nuggets, sausages, and seafood substitutes are manufactured from plant ingredients to mimic animal-based options in appearance and flavor. The platform facilitates access to these alternatives for consumers seeking non-animal protein sources.
Who are the top competitors of No Meat Factory?
No Meat Factory's top competitors include Beyond Meat, NotCo and SunOpta.
What products or services does No Meat Factory offer?
No Meat Factory offers Plant-based Protein Alternatives, Plant-based Specialty Products, Whole Veggie Products, High Moisture Extrusion Products, and Co-Manufacturing Services.
Who are No Meat Factory's investors?
No Meat Factory has 2 investors. Key investors include Tengelmann Twenty-One, and ECP Growth.