70/30 Food Tech
Latest round
- Seed
Last raised
- Feb 2024
Total raised
- $0.7M
Investors
- 3
About 70/30 Food Tech
70/30 Food Tech specializes in creating plant and mycelium-based food products. Founded by Eve Samyuktha, the company is headquartered in Shanghai, China.70/30 Food Tech specializes in creating innovative plant and mycelium-based ready meals that leverage fermentation technology to enrich human health. Their core offerings include frozen and chilled ready-to-heat meals designed for convenience, as well as DIY kits that are semi-finished, pre-weighed, and nutritionally balanced. These products primarily serve health-conscious consumers seeking sustainable food options that are both accessible and affordable. The meals mimic the texture and nutritional profile of shredded chicken, making them appealing to those looking for meat alternatives.70/30 Food Tech operates on a business model that includes direct-to-consumer sales and potential partnerships with retailers and wholesalers. The company’s revenue is generated through the sale of its ready meals and DIY kits, positioned as affordable yet innovative food solutions for a health-conscious audience. Transactions occur on a per-item basis, allowing consumers to easily access their products without long-term commitments. The pricing structure reflects the company's commitment to affordability, promoting healthy and sustainable eating habits. The company is focused on designing and launching new products, although specific details on release dates have not been provided. Targeted expansion plans include markets within Asia that are showing increased demand for alternative protein sources.
Who invested in 70/30 Food Tech
3 investors across 2 rounds
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Questions about 70/30 Food Tech
Who invested in 70/30 Food Tech?
70/30 Food Tech has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has 70/30 Food Tech raised?
70/30 Food Tech has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did 70/30 Food Tech last raise money?
70/30 Food Tech's most recent round on record is a Seed, in Feb 2024.
What does 70/30 Food Tech do?
70/30 Food Tech specializes in creating plant and mycelium-based food products.
Where is 70/30 Food Tech headquartered?
70/30 Food Tech is headquartered in Shanghai, China.
Which VCs invest in companies like 70/30 Food Tech?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back food companies at 70/30 Food Tech's stage. Their profiles are linked below.
VCs backing food startups at Seed
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