# Zero Egg

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zero-egg

- Industry: Food
- Headquarters: San Francisco, US
- Website: www.zeroeggfood.com
- Total disclosed funding: $6.5M
- Latest round: Series A (Nov 11, 2020)
- Investors on record: 3

## About

Zero Egg Ltd. specializes in developing innovative plant-based egg substitutes that mimic the taste and texture of traditional eggs, catering to the growing demand for sustainable food options.Founded in 2018 in San Francisco, US, Zero Egg Ltd. focuses on creating plant-based egg products. The company has successfully raised USD 5.00 mn in Series A funding, led by GroundForce Capital, with participation from The Kitchen - FoodTech Hub and Unovis Asset Management. Zero Egg has completed a total of 3 deals, with the most recent funding round occurring on November 11, 2020. The company is co-founded by Amiel David and Liron Nimrodi, who also serves as the CEO.Zero Egg specializes in creating a unique plant-based egg substitute designed to closely mimic the taste and texture of traditional eggs. Formulated from various plant proteins, this flagship product is versatile for various cooking methods, including scrambling, baking, and fluffing. Zero Egg addresses the growing consumer demand for plant-based options while focusing on taste and functionality. Its primary customers include foodservice establishments, restaurants, and college dining facilities across the United States and Israel, serving environmentally-conscious consumers, plant-based diet advocates, and foodservice operators.Zero Egg generates revenue through direct sales and partnerships with foodservice distributors and retailers. Operating on a business-to-business (B2B) model, the company supplies its plant-based egg products to various clients, including restaurants and educational institutions. These clients may place bulk orders, allowing for integration of Zero Egg products into their menus. The company's pricing structures align with its commitment to providing sustainable food solutions while maintaining quality.In November 2020, Zero Egg Ltd. raised USD 5 mn in Series A funding to support its growth initiatives. The company plans to expand its product line with new offerings designed to meet the evolving needs of the market. Specific markets targeted for future expansion include additional regions in the United States and potential entry into European markets by 2023. This funding will be pivotal in developing new products and scaling operations to meet increasing demand.

## Funding rounds

- Series A, Nov 11, 2020, $5M — GroundForce Capital, The Kitchen - FoodTech Hub, Unovis Asset Management
- Seed, Dec 1, 2018, $1.5M — The Kitchen - FoodTech Hub, Unovis Asset Management

## Investors

- The Kitchen - FoodTech Hub — Seed, Series A
- Unovis Asset Management (https://capitalatlas.ai/funds/unovis-asset-management) — Seed, Series A
- GroundForce Capital (https://capitalatlas.ai/funds/groundforce-capital) — Series A