Tech Company Financing Transactions
Adamo Foods Funding Round
On 6/20/2023, Adamo Foods secured $1.9 million in funding from Innovate UK and SFC Capital.
Transaction Overview
Company Name
Announced On
6/20/2023
Transaction Type
Venture Equity
Amount
$1,890,000
Round
Undisclosed
Investors
Proceeds Purpose
Adamo will use the capital to further develop and scale its products, including by biofortifying the nutrients in mycelium to replicate the nutritional benefits of beef. The company will also develop processes to increase production to a pilot scale as it prepares to launch.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
Flat 1 Egerton Mansions 209 Brompton Road
London, England, SW3 2EJ
UK
London, England, SW3 2EJ
UK
Phone
Undisclosed
Website
Email Address
Overview
Adamo Foods is a food technology company, developing the most innovative alternatives to meat whole cuts. We're launching the world's first sustainable and delicious steak, entirely made from fungi. "Adamo" has different meanings across the World. In Hebrew it means 'from the ground & earth,' and in Latin 'for the pleasure of'. Deeply rooted in these ideas, Adamo's goal is to offer natural plant-based foods from the ground, for the enjoyment and pleasure of everyone.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pierre Dupuis
Chief Operating Officer
Nick Wood
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