About ProteinDistillery
ProteinDistillery is a company based in Esslingen Am Neckar (Germany) founded in 2020 by Michael Baunach, Tomas Kurz, Christoph Pitter, and Marco Ries.. ProteinDistillery has raised $16.31 million across 1 funding round from investors including Green Generation Fund and Impact Venture Capital. ProteinDistillery offers products and services including Prewtein®, Prew®fat, Prew®mix, Prew®vital, and Prew®culture.
- Headquarter Esslingen Am Neckar, Germany
- Founders Michael Baunach, Tomas Kurz, Christoph Pitter, Marco Ries
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Sectors
Consumer
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Email
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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
$16.31 M (USD)
in 1 rounds
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Latest Funding Round
$16.31 M (USD), Seed
Mar 07, 2024
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Investors
Green Generation Fund
& 1 more
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Employee Count
Employee Count
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Products & Services of ProteinDistillery
ProteinDistillery offers a comprehensive portfolio of products and services, including Prewtein®, Prew®fat, Prew®mix, Prew®vital, and Prew®culture. 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.
Yeast-based protein for food applications, reducing additives and enhancing nutrition.
Protein-fat mix for meat alternatives, improving juiciness and mouthfeel.
Pre-mixed composition for clean-label scrambled eggs or omelettes.
Yeast fraction with vitamins and fibers for health and pet food uses.
Supplement for microbial growth in lab and industrial biotechnology.
Funding Insights of ProteinDistillery
ProteinDistillery has successfully raised a total of $16.31M through 1 strategic funding round. The most recent funding activity was a Seed round of $16.31 million completed in March 2024. 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 Seed — $16.3M
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First Round
First Round
(07 Mar 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - ProteinDistillery | Valuation | Green Generation Fund , Impact Venture 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 ProteinDistillery
ProteinDistillery has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Green Generation Fund and Impact Venture Capital. 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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Early-stage venture capital investments are made in European startups.
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Founded Year | Domain | Location | |
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Impact Venture Capital is engaged in funding innovative startups.
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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 ProteinDistillery
| 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 - ProteinDistillery
| 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 |
Proteindistillery Comparisons
Competitors of ProteinDistillery
| 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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Frequently Asked Questions about ProteinDistillery
When was ProteinDistillery founded?
ProteinDistillery was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is ProteinDistillery located?
ProteinDistillery is headquartered in Esslingen Am Neckar, Germany. It is registered at Esslingen Am Neckar, Baden-wurttemberg, Germany.
Is ProteinDistillery a funded company?
ProteinDistillery is a funded company, having raised a total of $16.31M across 1 funding round to date. The company's 1st funding round was a Seed of $16.31M, raised on Mar 07, 2024.
What does ProteinDistillery do?
ProteinDistillery was established in 2020 in Esslingen am Neckar, Germany, within the alternative proteins sector. Plant-derived proteins are supplied via the platform as substitutes for non-vegetarian options. Food products are prepared through microbial processes to support sustainable alternatives. Operations center on biotechnology applications for protein innovation, targeting the food industry in Europe.
What products or services does ProteinDistillery offer?
ProteinDistillery offers Prewtein®, Prew®fat, Prew®mix, Prew®vital, and Prew®culture.
Who are ProteinDistillery's investors?
ProteinDistillery has 2 investors. Key investors include Green Generation Fund, and Impact Venture Capital.