Top Plant Based Food Ingredients startups
There are 110 Plant Based Food Ingredients startups which include Benson Hill, TerViva, Shiru, Plantible Foods, MycoTechnology. Out of these, 63 startups are funded, with 30 having secured Series A+ funding. United States has the most number of companies in Plant Based Food Ingredients (37), followed by Canada
(9), and then Netherlands (8).
Over the past 10 years, an average of 6 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Columbia University, University of Cambridge and BITS Pilani.
Here is the list of top Plant Based Food Ingredients Startups
1. Benson Hill
Provider of plant-based food ingredients. It offers soy flour for snacks, baked goods, and meat extensions, and a functional alternative to traditional soy protein concentrate for plant-based protein alternatives to meat, dairy, and others.
Key facts about Benson Hill
- Founded Year: 2012
- Location: St. Louis (United States)
- Stage: Series D
- Total Funding till date: $407M
- Investors: Google Ventures, Lewis & Clark Agrifood and 31 Others
- Latest Funding Round: Conventional Debt, Jan 04, 2022, $100M
- Tracxn Score: 73/100 What is this?
- Competitors Rank: 1 of 420 Competitors
2. TerViva
Provider of plant-based food ingredients. It integrates pongamia seeds and processed into vegetable oil. The remaining protein seed cake is used as fuels, chemicals, and animal feed.
Key facts about TerViva
- Founded Year: 2010
- Location: Alameda (United States)
- Stage: Series E
- Total Funding till date: $98.9M
- Investors: Evans Properties, Trustbridge Partners and 23 Others
- Latest Funding Round: Series E, Jan 10, 2025
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 1 of 8 Competitors
3. Shiru
Developer of functional proteins for the food industry. The company's protein leverages machine learning and precision biology to identify and create food proteins that are used in alternatives for cheese, yogurt, milk, eggs, or meat. It enables users to get access to sustainable food products.
Key facts about Shiru
- Founded Year: 2019
- Location: Emeryville (United States)
- Stage: Series B
- Total Funding till date: $36.6M
- Investors: S2G Ventures, Lux Capital and 17 Others
- Latest Funding Round: Series B, Nov 12, 2024, $16M
- Tracxn Score: 60/100 What is this?
- Competitors Rank: 1 of 4 Competitors
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.
Key facts about Plantible Foods
- Founded Year: 2016
- Location: San Marcos (United States)
- Stage: Series B
- Total Funding till date: $56.6M
- Investors: Lerer Hippeau, Vectr Ventures and 17 Others
- Latest Funding Round: Series B, Jan 15, 2025
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 2 of 72 Competitors
Platform providing mushroom fermentation-based food ingredients. The platform offering mushroom fermentation to discover plant-based ingredients. The company has developed a novel food processing platform that uses gourmet fungi and mycelial fermentation and offers a solution for sugar reduction, food insecurity, sustainable protein, natural immune support, and more.
Key facts about MycoTechnology
- Founded Year: 2013
- Location: Aurora (United States)
- Stage: Series E
- Total Funding till date: $275M
- Investors: S2G Ventures, Greenleaf Foods and 43 Others
- Latest Funding Round: Series E, Mar 30, 2022, $85M
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 2 of 8 Competitors