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Plantible raised $30 million in a Series B funding round to promote the adoption of duckweed as a climate-fighting superfood.

PRIVATENov 15, 2024

Amount Raised

$30 Million

Round Type

Series B

San DiegoBiotechnologyFood and BeverageAgriculture and FarmingFood And BeverageFood ProcessingNutrition

Investors

Siddhi CapitalPiva Capital

Description

Plantible announced it raised a $30 million Series B funding round on Friday to support the development of water lentils as a sustainable protein source. As one of the top food trends identified by Whole Foods Market Inc., the startup aims to make this climate-friendly superfood more mainstream despite challenges in widespread adoption.

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Company Information

Company

Plantible Foods Inc.

Location

2600 Sarver Lane

San Diego, California, United States

About

Plantible Foods is a B2B food technology company with the goal to develop the most functional and applicable plant-based protein in the world using scalable and sustainable aqua-farming and extraction technologies

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Related People

4 contacts
Verified contactsAlexandra (Xandra) van A., Executive Officer, DirectorSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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