# Shiru

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

- Industry: Biotechnology
- Headquarters: Berkeley, US
- Website: www.shiru.com
- Total disclosed funding: $37M
- Latest round: Series B (Nov 12, 2024)
- Investors on record: 16

## About

Shiru, Inc. is a US-based company specializing in innovative ingredient solutions that promote sustainability across food, personal care, and agriculture sectors, focusing on natural proteins to enhance product functionality.Founded in 2019 and headquartered in Berkeley, US, Shiru, Inc. develops sustainable ingredient solutions. The company has undergone no significant pivots in its core business strategy. Jasmin Hume, the founder and current CEO, drives the company's vision. Shiru successfully completed its Series B funding round, raising USD 16.00 mn on November 12, 2024, led by S2G Ventures along with CPT Capital, Lux Capital, Meach Cove Capital, and Nourish Ventures. The total funds raised by Shiru amount to USD 16.00 mn, with a current company valuation of USD 30.20 mn.Shiru specializes in innovative ingredient solutions across the food, personal care, and agriculture sectors, with a focus on natural proteins that enhance product functionality while promoting sustainability. Their offerings include OleoPro™, a structured fat alternative to replicate animal fat properties, and uPro™, a texturizing protein for diverse food applications. Shiru's proprietary Flourish™ platform expedites ingredient discovery, transitioning products from concept to market readiness within 1-2 years, significantly reducing the traditional discovery period. Their products target manufacturers and brands seeking clean-label, high-performance alternatives, actively marketed in North America and Europe.Shiru generates revenue through partnerships with businesses seeking to commercialize their innovative ingredients. The model operates on a B2B basis, with manufacturers and product developers engaging Shiru for products like OleoPro™ and uPro™, alongside other clean-label alternatives. Pricing reflects the specialized nature of these offerings and is customized based on client needs. This collaborative approach with companies that integrate Shiru's ingredients into final products bolsters their revenue model in a competitive landscape.In November 2024, Shiru, Inc. raised USD 16.00 mn in Series B funding to support its growth and expansion plans. The company aims to develop new products and expand into specific markets, although detailed release dates or targeted regions have not been disclosed. Recent funding will bolster these initiatives, allowing Shiru to enhance its ingredient offerings and reach broader markets.

## Funding rounds

- Series B, Nov 12, 2024, $16M — Lux Capital, S2G Ventures, CPT Capital, Nourish Ventures, Meach Cove Capital
- Series A, Oct 27, 2021, $17M — Lux Capital, Y Combinator, The W Fund, S2G Ventures, Veronorte, CPT Capital, SALT Ventures, Emles Venture Partners
- Seed, Oct 27, 2019, $3.5M — Lux Capital, Y Combinator, S2G Ventures, SGH Capital, XFactor Ventures, Aera, Peak State Ventures, Twenty Two Ventures, CPT Capital, Climate Capital

## Investors

- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Seed, Series A, Series B
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- S2G Ventures (https://capitalatlas.ai/funds/s2g-ventures) — Seed, Series A, Series B
- SGH Capital (https://capitalatlas.ai/funds/sgh-capital) — Seed
- XFactor Ventures (https://capitalatlas.ai/funds/xfactor-ventures) — Seed
- Aera (https://capitalatlas.ai/funds/aera) — Seed
- Peak State Ventures (https://capitalatlas.ai/funds/peak-state-ventures) — Seed
- Twenty Two Ventures (https://capitalatlas.ai/funds/twenty-two-ventures) — Seed
- CPT Capital — Seed, Series A, Series B
- Climate Capital (https://capitalatlas.ai/funds/climate-capital) — Seed
- The W Fund — Series A
- Veronorte (https://capitalatlas.ai/funds/veronorte) — Series A
- SALT Ventures — Series A
- Emles Venture Partners (https://capitalatlas.ai/funds/emles-venture-partners) — Series A
- Nourish Ventures (https://capitalatlas.ai/funds/nourish-ventures) — Series B
- Meach Cove Capital (https://capitalatlas.ai/funds/meach-cove-capital) — Series B