# OFF Foods

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/off-foods

- Industry: Food
- Headquarters: Jakarta, Indonesia
- Website: www.offmeat.io
- Total disclosed funding: $3M
- Latest round: Series A (Aug 18, 2022)
- Investors on record: 5

## About

Based in Jakarta, Indonesia, and founded in 2021, OFF Foods operates as a food tech company that offers protein alternatives for those who adopt a vegan/vegetarian diet. In April 2022, Off Meat raised USD 1.7 million in seed funding led by new investor Alpha JWC Ventures, with participation from other new investors Global Founders Capital, Creative Gorilla Capital, Lemonilo, and United Family Capital. As of July 2022, the company is led by its CEO Dominik Laurus.

OFF Food's flagship product is OFF Meat, a chicken-like protein combined with soy protein isolate and other ingredients available within Greater Jakarta, Bandung, Surabaya, Medan, Jogja, and Makassar. The company also distributes its plant-based meats to food and Beverage chains, such as Mangkokku, Zenbu, and Byurger.

The company plans to use seed funding in expanding to more cities in Indonesia and invest in its research and development. It also aims to launch direct-to-customer products to reach more users.

## Funding rounds

- Series A, Aug 18, 2022, $1.5M — Jungle Ventures
- Series A, Apr 22, 2022, $1.5M — Global Founders Capital, Alpha JWC Ventures, Creative Gorilla Capital, Agrinesia

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series A
- Alpha JWC Ventures (https://capitalatlas.ai/funds/alpha-jwc-ventures) — Series A
- Creative Gorilla Capital (https://capitalatlas.ai/funds/creative-gorilla-capital) — Series A
- Agrinesia — Series A
- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Series A
