# Umaro Foods

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

- Industry: Food
- Headquarters: US
- Website: www.umarofoods.com
- Total disclosed funding: $5.9M
- Latest round: Seed (Mar 7, 2024)
- Investors on record: 8

## About

Based in California, US, and co-founded in 2019 by Beth Zotter (CEO) and Amanda Stiles, Umaro Foods Inc., fka Trophic aka Umaro operates as a provider of bacon that is based on seaweeds. In March 2024, Umaro Foods Inc. raised USD 3.8 million in seed funding led by returning investor AgFunder, with participation from other new investors Alexandria Ventures Investments, and Ponderosa Ventures. A new investor Climate Capital Bio and an individual investor also participated in the round.

The firm offers branded consumer food items with its patented UMARO™ red seaweed protein.

Umaro Foods Inc. plans to use its March 2024 funding to scale its production and lower the price of its bacon made from seaweed.

## Funding rounds

- Seed, Mar 7, 2024, $2.9M — Alexandria Venture Investments, AgFunder, Ponderosa Ventures, Climate Capital
- Seed, Jan 14, 2022, $3M — Alexandria Venture Investments, AgFunder, Ahimsa Capital, Clear Current Capital, Sustainable Food Ventures, Ponderosa Ventures, Impact Science Ventures

## Investors

- Alexandria Venture Investments (https://capitalatlas.ai/funds/alexandria-venture-investments) — Seed
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Seed
- Ahimsa Capital — Seed
- Clear Current Capital (https://capitalatlas.ai/funds/clear-current-capital) — Seed
- Sustainable Food Ventures (https://capitalatlas.ai/funds/sustainable-food-ventures) — Seed
- Ponderosa Ventures (https://capitalatlas.ai/funds/ponderosa-ventures) — Seed
- Impact Science Ventures (https://capitalatlas.ai/funds/impact-science-ventures) — Seed
- Climate Capital (https://capitalatlas.ai/funds/climate-capital) — Seed