Paleo

Diest, Belgium Founded: 2020 • Age: 6 yrs
Cell-based alternative animal protein provider
Annual revenue - Latest available
Total funding $12.8M 1 rounds
Employees 4 Tracked headcount
Investors 6 Known backers
Products 1 Services tracked
Competitors 5 Brand Intelligence

About Paleo

Paleo is a company based in Diest (Belgium) founded in 2020 by Hermes Sanctorum and Andy de Jong. Paleo has raised $12.77 million across 1 funding round from investors including dsm-firmenich, Gimv and Planet A. The company has 4 employees as of December 31, 2022. Paleo offers products and services including Myoglobin. Paleo operates in a competitive market with competitors including Alpro, Naplasol, Taaas and LIKE-A-PRO, among others.

  • Headquarter Diest, Belgium
  • Employees 4 as on 31 Dec, 2022
  • Founders Hermes Sanctorum, Andy de Jong
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Paleo
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12.77 M (USD)

    in 1 rounds

  • Latest Funding Round
    $12.77 M (USD), Series A

    Mar 02, 2023

  • Investors
  • Employee Count
    4

    as on Dec 31, 2022

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Products & Services of Paleo

Paleo offers a comprehensive portfolio of products and services, including Myoglobin.

Product name locked
Category locked
Primary

Enhances taste and appearance of meat alternatives via fermentation.

People of Paleo

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Andy De Jong
Co-founder & Board Director

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Teams

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Funding Insights of Paleo

Paleo has successfully raised a total of $12.77M through 1 strategic funding round. The most recent funding activity was a Series A round of $12.77 million completed in March 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.

Investors in Paleo

Paleo has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include dsm-firmenich, Gimv and Planet A.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Planet A is focused on investing in green tech startups.
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Private equity firm
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SFPIM International is engaged in co-financing Belgian companies abroad.
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Investor details for Paleo

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Paleo

Investments
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Investment portfolio details for Paleo

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Paleo

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Detailed financials for Paleo

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  • Profit trends
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Paleo Comparisons

Paleo Primary company
Description
Cell-based alternative animal protein provider
Location
Diest, Belgium
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
4
As of 2022
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Peer comparison for Paleo

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Operating benchmarks

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Competitors of Paleo

Paleo 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 Alpro, Naplasol, Taaas and LIKE-A-PRO, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Platform providing plant-based food
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Plant-based meat alternatives are provided using mycoprotein-based proteins.
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Provides technology for transforming plant-based ingredients into meat alternatives.
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Develops alternative protein sources from plants, insects, and microbes for mainstream use.
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Detailed competitors of Paleo

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Paleo

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Complete news archive for Paleo

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Paleo

Paleo was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Paleo is headquartered in Diest, Belgium. It is registered at Diest, Flemish Brabant, Belgium.

Hermes Sanctorum is the current CEO of Paleo. They have also founded this company.

Paleo is a funded company, having raised a total of $12.77M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Paleo is 4.

Paleo was founded in 2020 and is headquartered in Diest, Belgium. Operations focus on the alternative protein sector, where yeast fermentation technology is utilized to develop cell-based animal proteins. Meat and seafood alternatives are provided as key products, addressing demand in the food industry through sustainable production methods. The company is led by co-founders Hermes Sanctorum as CEO and Andy de Jong.

Paleo's top competitors include Alpro, Naplasol and Taaas.

Paleo offers Myoglobin.

Paleo has 6 investors. Key investors include dsm-firmenich, Gimv, Planet A, SFPIM International, and Beyond Impact Advisors.

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