Plantible Foods

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. These attributes make it applicable across a wide range of food applications including plant-based meats, dairy alternatives, baked goods, and beverages.

Key customers and partnerships

In June 2023, the company launched its first commercial product, Rubi Whisk, a plant-based egg replacement ingredient. It can be used for the production of baked goods, gluten-free products, and pasta, among others, and claims to offer benefits such as fat-binding and oil-holding capacity, high-foaming capacity and stability, high solubility, moisture retention, and emulsification capabilities.

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 were used to build its first commercial facility in the midwest of the US.