About this raise
Planetarians patent-pending technology converts defatted seats into a protein ingredient that’s also rich in fiber. They’ve also filed a patent for a new ingredient based on this technology called SunMeal. SunMeal is allergen-free, non-GMO, and 5x cheaper than pea protein. For example, replacing 30% of all-purpose flour with SunMeal doubles the protein and fiber contents -- but keeps costs the same. It can be used to fortify food products, create nutrient-rich fast food that’s plant-based, and is sustainable to grow. So far, they’re backed by Brad Feld, Lisa Gansky, and David Larrabee. Their nutrition facts are certified by General Mills, and they have a partnership in place with the University of Minnesota.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2013
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- Palo Alto, California
- Company Website
-
Visit Website
Team
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
10/21/2021 | Wefunder | $15,000,000 | $0 | SAFE | Not Funded | RegCF |
08/24/2018 | SeedInvest | - | $0 | Debt | Not Funded | RegCF / RegD 506(c) |