# National Pasteurized Eggs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/national-pasteurized-eggs

- Industry: Food
- Headquarters: Lansing, US
- Website: www.safeeggs.com
- Total disclosed funding: $4.2M
- Latest round: Series A (Aug 26, 2008)
- Investors on record: 1

## About

National Pasteurized Eggs, Inc specializes in the production and distribution of pasteurized egg products, ensuring safety and quality for various culinary applications.Founded in 2003 and headquartered in Lansing, US, National Pasteurized Eggs, Inc focuses on providing pasteurized eggs to enhance food safety. The company was acquired by Michael Foods Group, Inc. in September 2016, with the transaction expected to close in the fourth quarter of 2016. The firm has been involved in 3 deals to date, with the most recent deal occurring in September 2016. The latest funding round was a Series A, raising USD 1.50 mn from Hopewell Ventures, which is also the total amount raised by the company.National Pasteurized Eggs, Inc offers a range of pasteurized egg products designed for food safety and quality. Their products cater to food service, retail, and industrial sectors, addressing the needs of chefs and manufacturers who require safe, ready-to-use egg solutions. The company markets its offerings primarily within the US, focusing on clients in the restaurant and food production industries, ensuring a safe culinary environment through pasteurization processes.The company generates revenue through direct sales of its pasteurized egg products, which are utilized primarily by food service providers and retailers. Engaging in long-term contracts with clients allows for predictable revenue streams. Their pricing model is structured to accommodate various business sizes, fostering stability through recurring orders from the food industry.Future initiatives for National Pasteurized Eggs, Inc involve expansion within the US food service market, aiming to increase market penetration by the end of 2023. The company plans to launch new product lines that cater to dietary trends, with targeted release dates anticipated in mid-2023. The funding from the Series A round will support these growth strategies and enhance production capabilities to meet rising demand.

## Funding rounds

- Series A, Aug 26, 2008, $1.5M — Hopewell Ventures
- Series A, Jul 6, 2006, $2.7M — Hopewell Ventures

## Investors

- Hopewell Ventures (https://capitalatlas.ai/funds/hopewell-ventures) — Series A