Tech Company Financing Transactions
Joywell Foods Funding Round
Joywell Foods, based in Davis, raised $25 million in funding from Piva, Alumni Ventures and B37 Ventures.
Transaction Overview
Company Name
Announced On
5/27/2022
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Seed
Investors
Piva (Lead Investor) (Adzmel Adznan)
Proceeds Purpose
Joywell uses a proprietary microbial fermentation process to produce sweet proteins that are nearly identical to those found in exotic fruits and berries.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
202 Cousteau Place 210
Davis, CA 95618
USA
Davis, CA 95618
USA
Phone
Undisclosed
Website
Email Address
Overview
Joywell Foods is a food tech company focused on building new and exciting foods around the best tasting and healthiest sweeteners in the world. These sweeteners are natural, exotic fruit proteins that evolved to provide sweetness without sugar. We produce our proteins through both plants and fermentation, then use them as ingredients to make our low or no sugar food products. We are located in Davis, California.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ali Wing
Chief Technical Officer
Jason Ryder
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