Paleo uses precision fermentation to produce animal-identical myoglobin proteins for beef, chicken, pork, lamb, tuna, and other food profiles without raising animals.
Investment Funding
Last Funding Stage
Grant
Total Funding Amount
19.04M
Last Funding Date
31-10-2024
Startup Stage
Early Stage
Lead Investors
Planet A Ventures, European Union, Siddhi Capital, SFPIM, Beyond Impact
People
Founders
Andy de Jong
Hermes Sanctorum
About
Paleo is a food ingredient company that develops ingredients for plant-based foods, making them tasty, healthy, and more sustainable, feel and look like real meat or fish without hurting animals through bioscience.
Products
Product
Precision-fermented myoglobin ingredients for plant-based meat and fish applications.
Star Product
Myoglobin platform, because it is the core technology used across Paleo’s species-specific ingredient portfolio.
Demo Product or Complete Product?
B2B ingredient platform in development and scale-up; products are intended for formulation by food manufacturers.
Future Plan
Investment Funding
The company reported raising €2 million in a seed round, bringing total seed funding referenced on its site to about €2.5 million; it also stated plans to raise a Series A.
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