Top 9 Food Processing Unicorns in 2024
Updated:
January 22, 2024
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The Food Processing industry is filled with successful companies that have raised millions of dollars in VC funding that came from some of the top investors in the world.
Many of these successes have turned into unicorns — private companies worth over $1 billion.
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If you want to build the next unicorn in the Food Processing space, these 9 companies should be your inspiration.
9 Food Processing Unicorns Companies
Sheet
1,190 Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
1) Impossible Foods
Impossible Foods is a food technology company that makes delicious, nutritious plant-based alternatives of meat, dairy and fish.
Details of the startup:
Valuation: $4.00B (May 2019)
Country: United States
State: California
City: Redwood City
Started in: 2011
Founders: Monte Casino, Patrick Brown
Number of employees: 500-1,000
Funding: $2,006.16M
Funding rounds: 24
Number of investors: 57
You can find their website here.
2) Eat Just
EAT JUST is inspiring a global shift in perception towards veganism and plant- based foods.
Details of the startup:
Valuation: $2.59B (November 2017)
Country: United States
State: California
City: San Francisco
Started in: 2011
Founders: Josh Balk, Josh Tetrick
Number of employees: 100-250
Funding: $303.10M
Funding rounds: 12
Number of investors: 39
You can find their website here.
3) Gousto
Gousto, an online meal-kit service, automates the entire process from combining ingredients to delivery.
Details of the startup:
Valuation: $1.70B (November 2020)
Country: United Kingdom
State: England
City: London
Started in: 2012
Founders: James Carter, Timo Boldt
Number of employees: 500-1,000
Funding: $361.00M
Funding rounds: 14
Number of investors: 14
You can find their website here.
4) NotCo
NotCo is a food technology company that produces plant-based meat and dairy substitutes.
Details of the startup:
Valuation: $1.50B (July 2021)
Country: Chile
City: Santiago
Started in: 2015
Founders: Karim Pichara Baksai, Matias Muchnick, Pablo Zamora
Number of employees: 250-500
Funding: $395.84M
Funding rounds: 7
Number of investors: 18
You can find their website here.
5) Rebel Foods
Rebel Foods Services is a food delivery platform that provides delivery services through its mobile app.
Details of the startup:
Valuation: $1.40B (October 2021)
Country: India
City: Pune
Started in: 2011
Founders: Jaydeep Barman, Kallol Banerjee
Number of employees: 5,000-10,000
Funding: $495.21M
Funding rounds: 23
Number of investors: 23
You can find their website here.
6) Cava Group
Cava Group is a Mediterranean food brand that specializes in chef-crafted dips and spreads.
Details of the startup:
Valuation: $1.30B (April 2021)
Country: United States
State: DC
City: Washington
Started in: 2010
Founders: Brett Schulman, Dimitri Moshovitis, Ike Grigoropoulos, Ronald M. Shaich, Theodore Xenohristos
Number of employees: 5,000-10,000
Funding: $678.35M
Funding rounds: 10
Number of investors: 9
You can find their website here.
7) UPSIDE Foods
Upside Foods is a food technology firm that manufactures and grows sustainable cultured meat.
Details of the startup:
Valuation: $1.00B (April 2022)
Country: United States
State: California
City: Berkeley
Started in: 2015
Founders: Nicholas Genovese, Uma Valeti, William Clem
Number of employees: 101-250
Funding: $623.00M
Funding rounds: 7
Number of investors: 39
You can find their website here.
8) Zihaiguo
Zihaiguo is a developer and retailer of self-heating hot pots.
Details of the startup:
Valuation: $1.00B (May 2021)
Country: China
State: Chongqing
City: Chongqing
Started in: 2018
Founders: Hongliang Cai
Number of employees: 10-50
Funding: $3,206.53M
Funding rounds: 5
Number of investors: 5
You can find their website here.
9) Nature's Fynd
Nature’s Fynd is a food company that makes nutritional vegan protein from a microbe.
Details of the startup:
Valuation: $1.00B (July 2021)
Country: United States
State: Illinois
City: Chicago
Started in: 2012
Founders: Mark Kozubal, Matthew Strongin, Thomas Jonas
Number of employees: 50-100
Funding: $508.48M
Funding rounds: 4
Number of investors: 17
You can find their website here.