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Lotus Foods raised $22.5 million from Grounded Capital to scale regenerative food system investment

PRIVATEJul 10, 2024

Amount Raised

$22.5 Million

Round Type

Venture

RichmondAgriculture and FarmingFood And Beverage

Investors

Grounded Capital

Description

Lotus Foods announced a transformative investment of $22.5 million from Grounded Capital, a San Francisco-based investment firm. The investment will enable the company to further scale its business by deepening investments along its value chain, from sourcing new global rice cultivation communities to growing and diversifying its customer base.

Quick answer

Lotus Foods raised $22.5 Million in a funding round, dated July 10, 2024. Investors: Grounded Capital. Lotus Foods is based in Richmond, Kentucky, United States.

How much did Lotus Foods raise?
Lotus Foods raised $22.5 Million in a funding round on July 10, 2024.
Who invested in Lotus Foods?
Grounded Capital is named as investors in this round.
What does Lotus Foods do?
Since 1995, Lotus Foods has partnered with small family farmers worldwide, promoting regenerative rice cultivation while preserving biodiversity.
Where is Lotus Foods based and how big is it?
Lotus Foods is based in Richmond, Kentucky, United States.
Who are the decision-makers at Lotus Foods?
Fundz holds 1 contact at Lotus Foods. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Food And Beverage around the same time

Companies in the same sectors as Lotus Foods that raised within 45 days of this round, from Fundz verified event records.

  • Adamo Foods raised $2.5M (Seed) on August 13, 2024.
  • Adamo Foods raised $1M on July 26, 2024.
  • Terviva raised $10M on July 25, 2024.
  • Micropep Technologies raised $29M (Series B) on July 25, 2024.
  • Dyverg Brands raised $20K (Pre-Seed) on August 23, 2024.
  • Seatopia raised $1.8M (Seed) on August 22, 2024.

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Company Information

Company

Lotus Foods

Location

Richmond, Kentucky, United States

About

Since 1995, Lotus Foods has partnered with small family farmers worldwide, promoting regenerative rice cultivation while preserving biodiversity. As a certified B Corporation, the company champions sustainable initiatives such as the System of Rice Intensification, referred to as More Crop Per Drop®, emphasizing water conservation, soil health, and women's empowerment. Lotus Foods product line includes heirloom and organic rice varieties, along with rice-based noodles, ramen and soup cups, available at major retailers nationwide.

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Lotus Foods raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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