Tech Company Financing Transactions
Paleo Funding Round
Paleo closed a $12.7 million Series A investment round on 2/21/2023. Investors included DSM Venturing, Planet A Ventures and Beyond Impact.
Transaction Overview
Company Name
Announced On
2/21/2023
Transaction Type
Amount
$12,746,000
Round
Series A
Investors
DSM Venturing (Lead Investor)
Planet A Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to scale the technology and move towards commercial production and file for regulatory approval in key markets.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Undisclosed
Leuven, Undisclosed
BE
Leuven, Undisclosed
BE
Phone
Undisclosed
Website
Email Address
Overview
Our idea is simple; our convictions are strong. We want to make meat and fish, but not kill animals to do it. So, we had to crack the code of meat. In our search for what exactly makes fish and meat look, taste and smell like meat, we zeroed down on heme proteins. It is our contribution to putting alternative proteins on the menu. Paleo's animal-free heme platform is the most advanced on the market today and will be available for food manufacturers shortly.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hermes Sanctorum
Chief Operating Officer
Andy Jong
Chief Scientific Officer
Elsa Lauwers
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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