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Plant-Based Meat Alternatives Firm Umiami Secures €32.5M In Funding For Us Expansion

PRIVATEOct 03, 2023

Amount Raised

€32.5 Million

Round Type

Funding Round

ParisFood And BeverageFood Processing

Investors

Verso CapitalNewfundRedalpineAstanor VenturesFrench Tech SeedSpi Fund

Description

French foodtech company Umiami is ramping up its texturising technology, for plant-based food, in Europe and taking it Stateside thanks to its latest Series A funding round top-up. The firm has just raised an additional €32.5 million which will see it heighten the demand for its umisation tech in European markets, expand its meat alternative offering to the US and add John Hatto to the team as he takes up the position of Managing Director for North America.

Quick answer

Umiami raised €32.5 Million in a Funding Round round, dated October 3, 2023. Investors: Verso Capital, Newfund, Redalpine, Astanor Ventures, French Tech Seed and Spi Fund. Umiami is based in Paris, Ile-de-France, France.

How much did Umiami raise?
Umiami raised €32.5 Million in a Funding Round round on October 3, 2023.
Who invested in Umiami?
Verso Capital, Newfund, Redalpine, Astanor Ventures, French Tech Seed and Spi Fund are named as investors in this round.
What does Umiami do?
Founded in 2020, UMIAMI offers alternatives to meat products to reduce the impact of livestock farming (15% of global CO2 emissions) on global warming and the effects of intensive farming on animal welfare and human..
Where is Umiami based and how big is it?
Umiami is based in Paris, Ile-de-France, France.
Who are the decision-makers at Umiami?
Fundz holds 1 contact at Umiami. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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

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

  • Crisp raised $38M (Funding Round) on November 16, 2023.
  • Barfresh raised $1.4M (Seed) on October 23, 2023.
  • Just Egg raised an undisclosed amount (Funding Round) on September 1, 2023.
  • Pricepally raised $1.3M (Seed) on November 17, 2023.
  • LUCKY BEVERAGE CO raised $4M (Seed) on November 17, 2023.
  • Perfect Day, Inc. raised $45M on November 17, 2023.

Who to call at Umiami, and when

A new round usually means Umiami is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Umiami

Location

Paris, Ile-de-France, France

About

Founded in 2020, UMIAMI offers alternatives to meat products to reduce the impact of livestock farming (15% of global CO2 emissions) on global warming and the effects of intensive farming on animal welfare and human health. Based in the Paris area, the company has developed an innovative process to produce plant protein-based meat, which makes it possible to create whole pieces of thick and fibrous plant meat without artificial texturizing agents. For more information: https://www.UMIAMI.com/.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.