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Magic Spoon

Magic Spoon is a food company that provides childlike, low-carbohydrate cereal foods for adult customers.
2019
Nov-50
11-50
Brooklyn, New York, United States
  • Bakery and Snacks
  • Cereals
  • Sugar/Alternative Sweeteners/Sugar Reduction

Innovation

Industry Problem

Conventional breakfast cereals often contain high sugar and limited protein, while low-carb consumers still want familiar taste and formats.

R&D Focus

High-protein, low-sugar cereal and snacks.

Innovative Solution

Reformulates nostalgic cereals and snack formats with milk proteins, alternative sweeteners and low-carbohydrate ingredients.

Solution Effectiveness

The company reports 80,000+ five-star reviews across products; a flagship variety pack displayed approximately 4.6/5 from more than 25,000 reviews. In 2026, distribution was reported at roughly 30,000 stores.

Investment Funding

Last Funding Stage

Series B

Total Funding Amount

121.M

Last Funding Amount

106.M

Last Funding Date

13-06-2022

Startup Stage

Early Stage

Lead Investors

Lightspeed Venture Partners, Collaborative Fund, Coefficient Capital, Siddhi Capital, HighPost Capital

Revenue

$50M to $100M

People

Founders

About

Magic Spoon is a food company that provides childlike, low-carbohydrate cereal foods for adult customers. The cereal is keto-friendly and non-GMO and free from gluten, grain, wheat, soy, and artificial sweeteners. It gets its taste from allulose, a natural sweetener found in figs and maple syrup that has zero glycemic impact. The company was established in 2019 and has its main office in Brooklyn, New York.

Products

Product

Magic Spoon cereal, Treats and pastries with about 13–14 g protein and 0–2 g sugar depending on product.

Star Product

Magic Spoon Cereal – the founding product, largest review base and primary retail driver.

Demo Product or Complete Product?

Complete commercial product portfolio.

Future Plan

Market Expansion

Expanded from direct-to-consumer into mass retail and approximately 30,000 stores by 2026, alongside new formats such as pastries.

Investment Funding

Raised an $85 million Series B in 2022, bringing reported funding to about $100 million; no later planned raise found.

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