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Upside Foods Raises A $400M Series C Round To Commercialize Cultivated Meat At Scale

PRIVATEApr 21, 2022

Amount Raised

$400 Million

Round Type

Series C

BerkeleyInformation TechnologyHealth CareFood And Beverage

Description

UPSIDE Foods (formerly Memphis Meats), the leading company in the cultivated meat, poultry, and seafood industry, has announced the close of a $400 million Series C funding round, the largest round in the industry to date. This new raise will help unlock the industry's biggest opportunities around scale and places the company's valuation at over $1 billion. Pending regulatory review, UPSIDE Foods plans to be available to consumers in the U.S. later this year.

Quick answer

UPSIDE Foods raised $400 Million in a Series C round, dated April 21, 2022. UPSIDE Foods is based in Berkeley, California, United States.

How much did UPSIDE Foods raise?
UPSIDE Foods raised $400 Million in a Series C round on April 21, 2022.
What does UPSIDE Foods do?
Based in Berkeley, CA, UPSIDE Foods (formerly known as Memphis Meats) is reimagining meat for the 21st century — delicious new sources of meat, fish, and poultry that also address environmental sustainability, animal..
Where is UPSIDE Foods based and how big is it?
UPSIDE Foods is based in Berkeley, California, United States. Fundz records about 220 employees.
Who are the decision-makers at UPSIDE Foods?
Fundz holds 1 contact at UPSIDE Foods. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who to call at UPSIDE Foods, and when

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Company Information

Company

UPSIDE Foods

Location

804 HEINZ AVE., STE. 200

Berkeley, California, United States

About

Based in Berkeley, CA, UPSIDE Foods (formerly known as Memphis Meats) is reimagining meat for the 21st century — delicious new sources of meat, fish, and poultry that also address environmental sustainability, animal welfare, and public health concerns. By cultivating meat directly from animal cells, without the need to raise or slaughter animals, the company released the world's first cultivated meatball in February 2016 and the world's first cultivated poultry in March 2017. In November 2021 it opened its Engineering, Production, and Innovation Center (EPIC), the most advanced cultivated meat production facility in the world. It aims to bring to the market delicious, real meat that is significantly better for the environment, animals, and public health, while claiming a share of the $1.4 trillion global market for meat. UPSIDE Foods has raised over $200 million, including a $186 million series B round. For more information, please visit www.upsidefoods.com.

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Related People

1 contact
Verified contacts15 people are listed at UPSIDE Foods. We don't have their email yet.See plans and pricing
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UPSIDE 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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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.