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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Paleo
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$12.77 M (USD)
in 1 rounds
-
Latest Funding Round
$12.77 M (USD), Series A
Mar 02, 2023
-
Investors
dsm-firmenich
& 5 more
-
Employee Count
4
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Paleo
Paleo offers a comprehensive portfolio of products and services, including Myoglobin. 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.
Enhances taste and appearance of meat alternatives via fermentation.
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $12.8M
-
First Round
First Round
(02 Mar 2023)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Paleo | Valuation | DSM |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Planet A is focused on investing in green tech startups.
|
Founded Year | Domain | Location | |
|
Private equity firm
|
Founded Year | Domain | Location | |
|
SFPIM International is engaged in co-financing Belgian companies abroad.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Paleo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Paleo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paleo Comparisons
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. 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 |
Platform providing plant-based food
|
|
| domain | founded_year | HQ Location |
Plant-based meat alternatives are provided using mycoprotein-based proteins.
|
|
| domain | founded_year | HQ Location |
Provides technology for transforming plant-based ingredients into meat alternatives.
|
|
| domain | founded_year | HQ Location |
Develops alternative protein sources from plants, insects, and microbes for mainstream use.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Paleo
Frequently Asked Questions about Paleo
When was Paleo founded?
Paleo was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Paleo located?
Paleo is headquartered in Diest, Belgium. It is registered at Diest, Flemish Brabant, Belgium.
Who is the current CEO of Paleo?
Hermes Sanctorum is the current CEO of Paleo. They have also founded this company.
Is Paleo a funded company?
Paleo is a funded company, having raised a total of $12.77M across 1 funding round to date. The company's 1st funding round was a Series A of $12.77M, raised on Mar 02, 2023.
How many employees does Paleo have?
As of Dec 31, 2022, the latest employee count at Paleo is 4.
What does Paleo do?
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.
What products or services does Paleo offer?
Paleo offers Myoglobin.
Who are Paleo's investors?
Paleo has 6 investors. Key investors include dsm-firmenich, Gimv, Planet A, SFPIM International, and Beyond Impact Advisors.