Tech Company Financing Transactions
Planetarians Funding Round
On 2/19/2023, Planetarians announced $6 million in Seed financing from Mindrock Capital, SOSV and Techstars.
Transaction Overview
Company Name
Announced On
2/19/2023
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to open a full-scale production facility for their first commercial agreements.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
479 Jessie St
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
To address climate change PLANETARIANS makes the best meat combining the power of both worlds: plant-based proteins and fermentation. PLANETARIANS developed a zero-waste tech that allows processing multiple types of plant-based protein sources in their native form into alternative meat by fermentation. The resulting product has a meaty texture, umami flavor and lower costs than traditional meats. PLANETARIANS was featured by Good Food Institute and raises funding to launch a manufacturing facility to sell alternative meat on par with beef.
Management Team
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