Tech Company Financing Transactions

Prime Roots Funding Round

On 5/15/2023, Prime Roots secured $30 million in Series B funding from Alumni Ventures, Diamond Edge Ventures and Gaingels.

Transaction Overview

Company Name
Announced On
5/15/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors

Alumni Ventures (Lead Investor)

Diamond Edge Ventures (Lead Investor)

Gaingels (Lead Investor)

Hyphen Capital (Lead Investor)

Meach Cove Capital (Lead Investor)

Monde Nissin (Lead Investor)

Pangaea Ventures (Lead Investor)

Prosus Ventures (Lead Investor)

Solasta Ventures (Lead Investor)

SOSV (Lead Investor)

The House Fund (Lead Investor)

Top Tier Capital Partners (Lead Investor)

True Ventures (Lead Investor)

Proceeds Purpose
The company intends to use the funds to scale and expand to deli counters and restaurants nationwide.

Company Information

Company Status
Private & Independent
Industry
FoodTech
Mailing Address
2940 7th St
Berkeley, CA 94710
USA
Phone
Undisclosed
Email Address
Overview
Producer of plant-based food products intended to offer meat and seafood alternatives. The company's products use natural koji proteins to help reduce carbon-intensive dependency on animals through plant-based meat alternatives, enabling meat-eaters and vegans to have access to protein-rich food and a healthy option.
Profile
Prime Roots LinkedIn Company Profile
Social Media
Prime Roots Company Twitter Account
Company News
Prime Roots News
Facebook
Prime Roots on Facebook
YouTube
Prime Roots on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kimberlie Le
  Kimberlie Le LinkedIn Profile  Kimberlie Le Twitter Account  Kimberlie Le News  Kimberlie Le on Facebook
Chief Financial Officer
Young Kim
  Young Kim LinkedIn Profile  Young Kim Twitter Account  Young Kim News  Young Kim on Facebook
Co-Founder
Joshua Nixon
  Joshua Nixon LinkedIn Profile  Joshua Nixon Twitter Account  Joshua Nixon News  Joshua Nixon on Facebook


 

 

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Prev: 5/15/2023: Aibidia venture capital transaction
Next: 5/15/2023: WorkHack venture capital transaction

 

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