# IngredientWerks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ingredientwerks

- Industry: Agribusiness
- Headquarters: Woburn, US
- Website: www.ingredientwerks.com/
- Latest round: Seed (Feb 15, 2023)
- Investors on record: 3

## About

Based in Massachusetts, US, and founded in 2022, IngredientWerks Inc. operates as an ag-tech ingredient company that offers high-value plant-based proteins for the alternative protein markets. In February 2023, IngredientWerks raised amount of seed funding from new investors Open Prairie and ARCH Venture Partners. As of February 2023, the company is led by its CEO Matt Plavan.

IngredientWerks produces alternative proteins such as myoglobin and dairy proteins like casein that are the molecular equivalent to those found in animal meat and dairy. It uses broad-acre crops like corn as the manufacturing host for these proteins, so that expensive scale-up technologies like fermentation bioreactors would not be needed and food and feed could be produced more sustainably for the environment, and at a much lower cost.

The company plans to use the seed funding to advance its plant-based, bioidentical animal protein pipeline.

## Funding rounds

- Seed, Feb 15, 2023 — ARCH Venture Partners, Open Prairie, Cultivian Sandbox Ventures

## Investors

- ARCH Venture Partners (https://capitalatlas.ai/funds/arch-venture-partners) — Seed
- Open Prairie (https://capitalatlas.ai/funds/open-prairie) — Seed
- Cultivian Sandbox Ventures (https://capitalatlas.ai/funds/cultivian-sandbox-ventures) — Seed