About Novel Farms
Novel Farms is a Consumer company based in Berkeley (United States) founded in 2020 by Nieves Martinez Marshall. Lab-grown meat alternatives are produced via microbial fermentation. Novel Farms has raised $1.4 million across 4 funding rounds from investors including CULT Food Science, National Science Foundation and Big Idea Ventures. Its chief executive, as recorded, is Nieves Martinez Marshall. Novel Farms offers products and services including Cultivated Animal Cell Manufacturing Platform. Its focus areas include Food and Agriculture Tech, Food Tech, Novel Foods and Food Products. Its legal entity is Novel Farms, Inc. Its competitors include Impossible Foods, Beyond Meat and Meati; 3 of its 3 listed competitors have raised funding.
Company details
Novel Farms was founded in 2020 in Berkeley, United States, and operates in the cellular agriculture sector. Microbial fermentation is utilized to create cruelty-free bioscaffolds for cell-based meat products. These products are designed to replicate the taste and texture of conventional animal-based meats. The platform focuses on scalable production methods for alternative proteins, targeting sustainable food solutions in the biotech industry.
- Headquarters Berkeley, United States
- Founders Nieves Martinez Marshall
- SectorsConsumer
- Website novelfarms.co
- Social LinkedIn X Facebook
- Legal Name Novel Farms, Inc.
- Total Equity Funding$1.4M (USD)
in 4 rounds
- Latest Funding Round$999.97K (USD), Grant
Sep 2023
- InvestorsCULT Food Science
& 6 more
Products & Services of Novel Farms
Novel Farms offers a comprehensive portfolio of products and services, including Cultivated Animal Cell Manufacturing Platform.
Platform produces consistent ingredients for food, resisting supply chain disruptions.
Funding Insights of Novel Farms
Novel Farms has successfully raised a total of $1.4M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $999.97 thousand completed in September 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 $1.4M
- Total Rounds 4
- Last Round Grant — $999,967
- First Round $256,000
(Aug 2021)
- Investors Count 7
All 4 funding rounds of Novel Farms with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $999,967 | Grant | – | – | |
| Aug 2022 | $1.4M | Seed | – | – | |
| Aug 2021 | Seed | – | CULT Food Science | – | |
| Aug 2021 | $256,000 | Grant | – | – |
7 investors in total: 7 institutional.
Investors in Novel Farms
Novel Farms has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include CULT Food Science, National Science Foundation and Big Idea Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward plant-based food innovations and technologies. | bigideaventures.com | New York, United States | ||
Early-stage venture capital investments are made in US tech sectors. | socialstarts.com | San Francisco, United States | ||
Venture capital firm investing in early-stage food startups | sustainablefoodventures.com | Raleigh, United States | ||
Good Startup is focused on alternative protein investments. | 2021 | goodstartup.com | Singapore, Singapore | |
Early-stage cellular agriculture and food tech investments are targeted. | 1983 | cultfoodscience.com | Vancouver, Canada | |
Venture capital fund backed by the US Government | seedfund.nsf.gov | Alexandria, United States | ||
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States |
Investor details for Novel Farms
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People of Novel Farms
2 people are tracked at Novel Farms (2 in leadership).
| Name | Role | Group |
|---|---|---|
Nieves Martinez Marshall | Founder & CEO | Leadership |
Michelle Lu | Chief Executive Officer | Leadership |
Complete people profiles for Novel Farms
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Timeline of Novel Farms
3 dated milestones of Novel Farms across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Novel Farms is founded.
- Funding First funding round of $256K.
- Funding Latest funding round, Grant, of $1,000K.
Competitors of Novel Farms
Novel Farms has 3 listed competitors in our database, 3 of them funded. They include Impossible Foods, Beyond Meat and Meati.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| impossiblefoods.com | 2011 | Redwood, United States | $2.01B | 492 | Plant-based meat alternatives including meatballs, hotdogs, and sausages are offered. | |
| beyondmeat.com | 2009 | El Segundo, United States | $144.21M | 822 | Plant-based meat substitutes are developed and offered by Beyond Meat. | |
| meati.com | 2005 | Boulder, United States | $489.12M | 83 | Developer of fungi-based protein meats foods |
Detailed competitors of Novel Farms
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Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Novel Farms (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 |
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Related news about Novel Farms
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Frequently Asked Questions about Novel Farms
Novel Farms was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Novel Farms is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Nieves Martinez Marshall is the CEO of Novel Farms, as recorded in our data. They have also founded this company.
Novel Farms is a funded company, having raised a total of $1.4M across 4 funding rounds to date. The company's 1st funding round was a Grant of $256K, raised on Aug 2021.
Novel Farms was founded in 2020 in Berkeley, United States, and operates in the cellular agriculture sector. Microbial fermentation is utilized to create cruelty-free bioscaffolds for cell-based meat products. These products are designed to replicate the taste and texture of conventional animal-based meats. The platform focuses on scalable production methods for alternative proteins, targeting sustainable food solutions in the biotech industry.
Novel Farms's top competitors include Beyond Meat, Meati and Impossible Foods.
Novel Farms offers Cultivated Animal Cell Manufacturing Platform.
Novel Farms has 7 investors. Key investors include CULT Food Science, National Science Foundation, Big Idea Ventures, Social Starts, and SFV.
Novel Farms operates through Novel Farms, Inc..