KBW Ventures invests $9.5M in Rebellyous Foods

• ByStartupStory     |    February 20, 2023

Rebellyous Foods, a food technology firm that offers productivity-enhancing tools to plant-based meat companies, has secured $9.5 million in funding to expand its technological capabilities. The Washington-based startup will allocate the funds towards product deployment, enhancing accessibility and availability of its technology for plant-based meat firms. This investment is expected to drive the growth of Rebellyous Foods and its mission to support the plant-based meat industry.

Rebellyous Foods was established in 2017 by Christie Lagally, a former aerospace engineer, and has developed a patented technology that enables plant-based chicken production at a cost equivalent to animal-based chicken. 

The fund founded by Prince Khaled bin Alwaleed bin Talal Al Saud. KBW Ventures had earlier invested $6 million in Rebellyous Foods in April 2020. This investment is expected to fuel Rebellyous Foods’ growth and support its aim to revolutionize the plant-based meat industry.

Rebellyous Foods has received funding from a diverse group of investors, including Liquid 2 Ventures, Agronomics, Clear Current Capital, and Fifty Years. According to the founder, Christie Lagally, the company’s products are currently available in more than 1,000 retail locations and schools across the United States.

The startup’s patented technology, which enables the production of plant-based chicken at a cost equivalent to animal-based chicken, has garnered significant attention and interest from investors.

According to Mike Miller, a Partner and Board Member of Liquid 2 Capital, Rebellyous Foods is the only plant-based meat company moving toward price parity, and manufacturing is a key area to consider. Rebellyous Foods has developed patented technology that enables the production of plant-based chicken at a cost equivalent to animal-based chicken. 

Rebellyous Foods plans to leverage funding to enhance its technology, facilitate product deployment, and improve accessibility and availability of plant-based meat technology across the industry.

GetWork, an end-to-end SaaS platform based in Gurugram, has announced that it raised Rs 7 crore in a Pre-series A funding round from Samarthya Investment Advisors, NVS Wealth Managers, and Artha Venture Fund. The company made this announcement in a statement.

In addition to the aforementioned investors, prominent founders and angel investors such as Pravin Agarwala (cofounder of Betterplace), Shuchi Kothari (director of Health & Glow and DSP Group Family Office), and Saurabh Garg (cofounder of NoBroker) also participated in the funding round.

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