
Paleo
Creates animal-free heme proteins through precision fermentation for plant-based meat and fish alternatives.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
* | €12.0m | Series A | |
Total Funding | 000k |
EUR | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Paleo Taste is a pioneering player in the global food industry, specializing in enhancing the flavor and nutritional value of plant-based meat and fish substitutes. The company's primary clientele includes manufacturers of plant-based foods looking to make their products more appealing to flexitarian consumers - those who primarily eat a plant-based diet but occasionally consume meat.
Operating in the rapidly growing market of plant-based foods, Paleo Taste's business model is centered around the production of animal-free heme proteins through a process known as precision fermentation. This process involves using yeasts to produce the desired proteins, which are then extracted and used to give plant-based foods the taste and nutritional profile of their animal-based counterparts.
The company's unique selling proposition lies in its commitment to ethical and sustainable food production. By eliminating the need for animal products, Paleo Taste reduces the environmental impact of food production, while also addressing issues of animal welfare and food poverty. Additionally, Paleo Taste is the first company in its sector to offer a GMO-free product, further enhancing its appeal to health-conscious consumers.
In terms of revenue generation, Paleo Taste likely sells its heme proteins to food manufacturers, who then incorporate these into their own products.
Keywords: Plant-based foods, Flexitarian consumers, Precision fermentation, Animal-free heme proteins, Sustainable food production, Ethical food production, GMO-free, Taste enhancement, Nutritional enhancement, Global food industry.