Supplant

Overview
Food Waste?
Product stageSegments
Early
?
Upcycling - Food and Beverage
?

Supplant is a British startup that uses a patented enzymatic process to upcycle unused agricultural side streams like corn, wheat, and rice into consumable food ingredients. The company has thus far developed two key products: (1) Supplant Sugar and (2) Supplan Grain & Stalk Flour. 

Supplant Sugar, the company’s flagship product, made from agricultural food waste, is claimed to possess probiotic properties, have a lower glycemic response, and contain half the calories of refined sugar. In 2021, the company officially launched this sugar with Seven Michelin Star Chef Thomas Keller to be used in products such as ice creams and chocolates at his California and New York restaurants, The French Laundry and Per Se. Since then, the company expanded the presence of this product through brand partnerships as well as its own retail range that includes premium chocolate bars and shortbread cookies. As of April 2023, these products were available at restaurants such as You’re a Cookie, Cookie Fix, Sweet Republic, Bakeology, and RiverSea and in 225+ stores across the US, and customers could also purchase them online through the company's website. Supplant also reported that the company was working with businesses across the food industry, from national and global consumer brands to the foodservice and hospitality sector, to deliver Supplant Sugar as a value-add. 

In early 2023, the company introduced its second product, Supplan Grain & Stalk Flour, which is made using both parts of the crop, the grain and the stalk, and can be used in baked goods, pasta, and other flour-based products. The company claims that the flour maintains texture and taste while offering fewer calories and more fiber than regular flour. The company debuted the product on the menu at one of the world's top restaurants, the three Michelin-starred Per Se. The company notes that this product is available for business and retail partners across the US.

In October 2021, the company raised USD 18 million in Series A funding to support its expansion plans.

HQ location:
25 Cambridge Science Park, Milton Road Cambridge, UK Cambridge GBR
Founded year:
2017
Employees:
11-50
IPO status:
Private
Total funding:
USD 42.1 mn
Last Funding:
USD 18.0 mn (Series A; Oct 2021)
Last valuation:
-
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