UPSIDE Foods is a food tech company that produces and grows sustainable cultured meat.
UPSIDE Foods (formerly known as Memphis Meats) develops meat produced directly from animal cells without the need to raise and slaughter actual animals. This approach requires significantly less water, land, and energy than conventional meat production, enabling consumers to enjoy meat that is clean, humane, and free of harmful chemicals.
Co-founded and led by Dr. Uma Valeti in 2015, UPSIDE Foods is headquartered in Berkeley, California.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Apr 21, 2022 | Series C | $400M | 20 |
Abu Dhabi Growth Fund
Temasek Holdings |
— | Detail |
Jan 22, 2020 | Series B | $186M | 12 |
Norwest Venture Partners
SoftBank Vision Fund Temasek Holdings |
— | Detail |
Jan 29, 2018 | Corporate Round | — | 1 | — | — | Detail |
Aug 23, 2017 | Series A | $17M | 17 | DFJ Element | — | Detail |
Mar 10, 2016 | Seed | $2.75M | 6 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Abu Dhabi Growth Fund | Yes | Series C |
Temasek Holdings | Yes | Series C |
DFJ Element | Yes | Series A |
Baillie Gifford | — | Series C |
Bill Gates | — | Series C |
Cargill | — | Series C |
Cercano Management | — | Series C |
Christiana Wyly | — | Series C |
CPT Capital | — | Series C |
Dentsu Ventures | — | Series C |
UPSIDE Foods has acquired 1 organizations. Their most recent acquisition was Cultured Decadence on Jan 25, 2022. They acquired Cultured Decadence for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Jan 25, 2022
Cultured Decadence
|
Beauty | acquisition | — | Detail |