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Plantible Foods

Plant-based Meat
Plant-based Dairy & Egg
Segments:
Supplier (Technology/ Ingredients)
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Product stage:
Early
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Based in California, Plantible Foods is a plant-based protein supplier. The startup produces plant protein by harnessing lemna, an aquatic plant commonly known as duckweed. Lemna is 100 times more rich in protein than soy and 40 times more than peas. The harvested lemna is processed to produce RuBisCo protein powder which is a neutral-tasting compound that contains all the essential amino acids and has been proven to mimic the functionality of egg white, dairy proteins, and even myosin, the meat protein, making it ideal for plant-based alternative applications.

In October 2023, the company launched ROVITARIS. Made using Rubi Protein, the product claims to have a higher protein content than methylcellulose and offers comparable binding properties with a better texture, nutritional profile, and digestibility.

Key customers and partnerships

In October 2023 , the company partnered with ICL Food Specialties to develop ROVITARIS, a clean-label alternative to methylcellulose in plant-based meat and seafood. 

Funding and financials

In its latest funding round in September 2021 , the startup secured USD 21.5 million in a series A funding round, led by Astanor Ventures and with participation from Kellogg. The funding will be used to build its first commercial facility in the midwest of the US as it expects to launch its first product by 2022.

Plant-based Meat

Plant-based Meat

Key stats
Featured companies
175
Total funding (USD)
7.7 Bn
Total addressable market (USD)
103.5 Bn
Key competitors
 
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Product Overview
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Company profile
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EDGE Insights

FoodTech (Q2 2023): USDA serves up cell-cultured success

Recent Updates

Product updates
Partnerships
Oct 23, 2023
Plantible Foods partners with ICL to launch clean-label methylcellulose alternative
Plant-based Meat
Product updates
Jun 27, 2023
Plantible Foods launch egg replacement ingredient: Rubi Whisk
Plant-based Dairy & Egg
Funding
Sep 1, 2021
Plantible Foods secures USD 21.5 million ahead of their 2022 launch
Plant-based Meat

Company Brief


HQ location:
San Marcos CA USA
Founded year:
2018
Employees:
51-100
Total Funding:
USD 26.4 million
Last Funding
USD 21.5 million, Sep 2021

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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