# Clean Food Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clean-food-group

- Industry: Food
- Headquarters: Barnet, UK
- Website: www.cleanfood.group
- Total disclosed funding: $4.3M
- Latest round: Seed (Sep 7, 2023)
- Investors on record: 4

## About

Founded in 2019 by Alex Neves (CEO), Tom Ellen (CF), Ed McDermott, and Chris Chuck, and based in Barnet, UK, Clean Food Group Limited operates as a biotech-based food startup that develops and manufactures environment-friendly alternatives for food and cosmetics ingredients. In March 2024, the firm raised GBP 2.5 million in venture funding from investor Clean Growth Investment Management.

The company provides bio-based fat and oil alternatives through its proprietary technology platform, which uses yeast fermentation to provide alternatives to palm oil used by various industries. The firm converts food waste into food for yeast that is then fermented using a non-GMO and vegan process to develop high-performance, sustainable ingredients for commercial partners.

The company intends to use the March 2024 funding to support the commercialization of its technology.

## Funding rounds

- Seed, Sep 7, 2023, $2.4M — SEED Innovations, Agronomics Limited, Doehler Ventures, Alianza Team
- Seed, Aug 8, 2022, $2M — SEED Innovations, Agronomics Limited

## Investors

- SEED Innovations (https://capitalatlas.ai/funds/seed-innovations) — Seed
- Agronomics Limited (https://capitalatlas.ai/funds/agronomics-limited) — Seed
- Doehler Ventures (https://capitalatlas.ai/funds/doehler-ventures) — Seed
- Alianza Team — Seed