Prime Roots Raises $30M In Series B Funding To Roll Out The First-Of-Its-Kind Plant-Based Deli Meats Nationwide
Amount Raised
$30 Million
Round Type
Series B
San FranciscoInformation TechnologyFood And BeverageHospitalityFood ProcessingInvestors
Description
Prime Roots, the leading innovator of deli-style meats made from koji mycelium, today announced $30 million in Series B funding from True Ventures, Pangaea Ventures, Prosus Ventures, Top Tier Capital, Diamond Edge Ventures, SOSV/IndieBio, Solasta Ventures, Monde Nissin, Alumni Ventures, Gaingels, Meach Cove Capital, The House Fund, and Hyphen Capital bringing their total funding to approximately $50 million. The fresh funding will enable Prime Roots to scale and expand to deli counters and restaurants nationwide.
Quick answer
Prime Roots raised $30 Million in a Series B round, dated May 15, 2023. Investors: Hyphen Capital, The House Fund, Meach Cove Capital, Gaingels, Alumni Ventures, Monde Nissin, Solasta Ventures and Sosv/Indie Bio. Prime Roots is based in San Francisco, California, United States.
- How much did Prime Roots raise?
- Prime Roots raised $30 Million in a Series B round on May 15, 2023.
- Who invested in Prime Roots?
- Hyphen Capital, The House Fund, Meach Cove Capital, Gaingels, Alumni Ventures, Monde Nissin, Solasta Ventures and Sosv/Indie Bio are named as investors in this round.
- What does Prime Roots do?
- Prime Roots is celebrating the culture of meat by reimagining protein itself.
- Where is Prime Roots based and how big is it?
- Prime Roots is based in San Francisco, California, United States.
- Who are the decision-makers at Prime Roots?
- Fundz holds 1 contact at Prime Roots, including the Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food And Beverage and Hospitality around the same time
Companies in the same sectors as Prime Roots that raised within 45 days of this round, from Fundz verified event records.
- Everytable raised $25M (Funding Round) on June 27, 2023.
- Everytable raised $24M on June 7, 2023.
- Reed’s raised an undisclosed amount (Funding Round) on May 31, 2023.
- Reed’s raised $4.1M (Seed) on May 25, 2023.
- Adamo Foods raised an undisclosed amount (Funding Round) on June 23, 2023.
- Foodomarket raised $12M (Funding Round) on June 8, 2023.
Who to call at Prime Roots, and when
A new round usually means Prime Roots is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Prime Roots raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Prime Roots, from your own LinkedIn network
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Funding Insights
What this usually meansPrime Roots 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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