Plantible Foods

San Marcos, United States Founded: 2016 • Age: 10 yrs
Producer and supplier of plant-based protein ingredients
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About Plantible Foods

Plantible Foods is a company based in San Marcos (United States) founded in 2016.. Plantible Foods has raised $56.6 million across 5 funding rounds from investors including Chipotle, Lerer Hippeau and Betagroventures. The company has 25 employees as of December 31, 2021. Plantible Foods offers products and services including Rubi Protein™ and Lemna Farms. Plantible Foods operates in a competitive market with competitors including Benson Hill, Innovopro, Brevel, NapiFeryn BioTech and Harvest B, among others.

  • Headquarter San Marcos, United States
  • Employees 25 as on 31 Dec, 2021
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Plantible Foods, Inc.
Operational Areas
Consumer → Food & Beverage
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $56.6 M (USD)

    in 5 rounds

  • Latest Funding Round
  • Investors
    Chipotle

    & 16 more

  • Employee Count
    25

    as on Dec 31, 2021

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Products & Services of Plantible Foods

Plantible Foods offers a comprehensive portfolio of products and services, including Rubi Protein™ and Lemna Farms. 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.

Primary

Extracted from Lemna for nutritious food applications like meat and dairy.

Efficient aqua farming method using minimal water for protein production.

People of Plantible Foods
Headcount 10-50
Employee Profiles 14
Employee Profiles
People
Manu Gangola
Senior Scientist
People
Nalini E.
People And Culture Manager (hr Generalist)
People
Innu Chaudhary, PhD
Principal Scientist, Process Development
People
Tony Martens
Co-Founder & CEO

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Funding Insights of Plantible Foods

Plantible Foods has successfully raised a total of $56.6M across 5 strategic funding rounds. 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 Rounds 5
  • Last Round
  • First Round

    (17 Oct 2018)

  • Investors Count 17
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2025 Amount Series B - Plantible Foods Valuation

investors

Nov, 2024 Amount Series B - Plantible Foods Valuation Piva Capital , Siddhi Capital
Sep, 2021 Amount Series A - Plantible Foods Valuation Astanor
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 Plantible Foods

Plantible Foods has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Chipotle, Lerer Hippeau and Betagroventures. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Piva Capital is focused on investing in industrial technologies.
Founded Year Domain Location
Venture investments in foodtech sectors are managed by Siddhi Capital.
Founded Year Domain Location
Nourish Ventures is focused on investing in food system innovators.
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 Plantible Foods

Investments
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 - Plantible Foods

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Plantible Foods Comparisons

Employees
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Competitors of Plantible Foods

Plantible 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 Benson Hill, Innovopro, Brevel, NapiFeryn BioTech and Harvest B, 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
Provider of plant-based food ingredients
domain founded_year HQ Location
Plant-based protein ingredients from chickpeas are developed for food alternatives.
domain founded_year HQ Location
Algae-based protein ingredients are developed via automated photo-bioreactors.
domain founded_year HQ Location
Food-grade proteins from rapeseed are developed and supplied as ingredients.
domain founded_year HQ Location
Plant-based ingredients for meat alternatives are provided via a platform.
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.

Frequently Asked Questions about Plantible Foods

When was Plantible Foods founded?

Plantible Foods was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Plantible Foods located?

Plantible Foods is headquartered in San Marcos, United States. It is registered at San Marcos, Texas, United States.

Is Plantible Foods a funded company?

Plantible Foods is a funded company, having raised a total of $56.6M across 5 funding rounds to date. The company's 1st funding round was a Series A of $21.5M, raised on Oct 17, 2018.

How many employees does Plantible Foods have?

As of Dec 31, 2021, the latest employee count at Plantible Foods is 25.

What does Plantible Foods do?

Producer and supplier of plant-based protein ingredients. It offers plant-based protein food using duckweed. The company is engaged in the cultivation of Lemna, harvesting, processing, and supply of products. Claims to follow proprietary cold-press extraction process for biomass processing. Also, claims to offer all-natural, organic, and allergen-free products efficient than soybean, peas, and beef. The product can be used as an alternative to dairy products and meat. Also, used in the manufacturing of snacks, nutritional food, smoothies, and beverages.

Who are the top competitors of Plantible Foods?

Plantible Foods's top competitors include Benson Hill, Brevel and Nutriati.

What products or services does Plantible Foods offer?

Plantible Foods offers Rubi Protein™ and Lemna Farms.

Who are Plantible Foods's investors?

Plantible Foods has 17 investors. Key investors include Chipotle, Lerer Hippeau, Betagroventures, Piva Capital, and Siddhi Capital.

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