# Supplant

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

- Industry: Food
- Headquarters: Cambridge, UK
- Website: www.supplant.com
- Total disclosed funding: $42M
- Latest round: Series A (Oct 15, 2021)
- Investors on record: 11

## About

Based in Cambridge, UK, Supplant Inc. was founded in 2017 by Tom Simmons. The company raised its seed funding in August 2020, followed by series A funding in February 2021.

Supplant products are plant-based, non-artificial, and non-GMO foods and have been grown as a direct substitute for sugar, allowing food producers to reduce sugar and maximize fibre. The sugar substitute is made from the waste materials of other plants.

The company generates its revenue by selling its product to the market.

## Funding rounds

- Series A, Oct 15, 2021, $18M — EQT, Western Technology Investment, Khosla Ventures, Coatue Management, Felicis Ventures, Y Combinator, DCVC, AgFunder, Manta Ray Ventures
- Series A, Feb 26, 2021, $15M — EQT, Khosla Ventures, Coatue Management, Felicis Ventures, Y Combinator, Manta Ray Ventures
- Seed, Nov 20, 2018, $9.1M — Y Combinator, Soma Capital Management, SchindlerAM Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- SchindlerAM Ventures (https://capitalatlas.ai/funds/schindleram-ventures) — Seed
- EQT (https://capitalatlas.ai/funds/eqt) — Series A
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series A
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series A
- Manta Ray Ventures (https://capitalatlas.ai/funds/manta-ray-ventures) — Series A
- Western Technology Investment (https://capitalatlas.ai/funds/western-technology-investment) — Series A
- DCVC (https://capitalatlas.ai/funds/dcvc) — Series A
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Series A