# Planetarians

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

- Industry: Food
- Headquarters: San Francisco, US
- Website: www.planetarians.com
- Total disclosed funding: $6.8M
- Latest round: Seed (Feb 16, 2023)
- Investors on record: 10

## About

Planetarians, based in the US, specializes in developing sustainable plant-based protein products aimed at addressing the dietary needs of institutions and consumers, while promoting healthier eating habits.Planetarians was founded in 2017 and is headquartered in San Francisco, US. The company focuses on producing innovative plant-based protein alternatives. The founders, Aleh Manchuliantsau and Anastasia Tkacheva, have previously engaged in entrepreneurial ventures. Planetarians has raised USD 6.00 mn in Seed funding in February 2023, led by Mindrock, with participation from other investors including SOSV and Techstars. This marks the total amount raised by the company to USD 6.00 mn and the current valuation at USD 28.506 mn. The company has completed 4 deals in total.Planetarians specializes in the production of plant-based protein products designed for the sustainable food market. Their core offerings include ready-to-eat protein alternatives made primarily from brewer's yeast and non-GMO soybean flour, enhanced with natural flavorings. These products aim to provide meat-like experiences, catering primarily to food service operations such as schools and culinary institutions, with a geographic focus on urban centers across the United States that emphasize sustainability.Planetarians generates revenue through direct B2B sales to institutional clients, including educational institutions, restaurants, and food service providers, who purchase bulk quantities of their plant-based protein products. Their pricing structure is competitive, ensuring accessibility for schools and foodservice programs focused on healthier menu options. Partnerships with food service distributors enhance product availability across various sectors, facilitating recurring orders and fostering long-term relationships for steady revenue streams.Following the Seed funding raised in February 2023, Planetarians plans to utilize the USD 6.00 mn to initiate commercial production of two-ingredient, plant-based alternative proteins. The company aims to expand its market presence, focusing on tapping into new geographic regions by enhancing distribution capabilities and targeting additional food service sectors. Specific release dates for new products have not been disclosed, but the growth strategy underscores a commitment to meeting the rising consumer demand for sustainable protein options.

## Funding rounds

- Seed, Feb 16, 2023, $6M — SOSV, Techstars, Mindrock, ZX Ventures, Traction Fund
- Seed, Nov 10, 2022 — SOSV
- Seed, Mar 5, 2019, $0.8M — Mercapital Servicios Financieros, SOSV, Techstars, Digital Magics, The Yield Lab, Blu1877, Kitchentown

## Investors

- Mercapital Servicios Financieros (https://capitalatlas.ai/funds/mercapital-servicios-financieros) — Seed
- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Digital Magics (https://capitalatlas.ai/funds/digital-magics) — Seed
- The Yield Lab (https://capitalatlas.ai/funds/the-yield-lab) — Seed
- Blu1877 (https://capitalatlas.ai/funds/blu1877) — Seed
- Kitchentown — Seed
- Mindrock (https://capitalatlas.ai/funds/mindrock) — Seed
- ZX Ventures (https://capitalatlas.ai/funds/zx-ventures) — Seed
- Traction Fund (https://capitalatlas.ai/funds/traction-fund) — Seed