Change Foods
PrivateLast Round
Grant
May 5, 2022
Total Funding Raised
$15.98M
Momentum Score
25 /100
Company Overview
Change Foods is a food technology company that creates animal-free dairy products by leveraging precision fermentation. The company was founded in 2019 and is headquartered in Palo Alto, California, after relocating from Australia. It focuses on producing essential dairy proteins, such as casein, to create cheese that is molecularly identical to traditional dairy cheese in taste and texture but free from lactose, hormones, and cholesterol. Change Foods has raised over $15 million in funding from investors including Route 66 Ventures, Plug and Play Ventures, Upfield, and Sigma. The company has strategic partnerships with Upfield and Sigma to accelerate product development, scale production, and facilitate distribution.
Sector
Healthcare & Life Sciences
Verticals
Biotechnology, Sustainable Materials, D2C Brands
Business Model
B2B
Customer Profile
Revenue Share, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Change Foods Comps
Public and private peers based on sector, stage, and business model.
Change Foods Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | May 5, 2022 | ||||
| Seed | Feb 15, 2022 | ||||
| Seed | Jun 16, 2021 | ||||
| Pre Seed | Nov 25, 2020 |
Key People
Founding team and executive leadership
Change Foods Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Canaccord Genuity | Seed |
| Plug & Play Ventures | Seed |
| Route 66 Ventures | Seed |
| Better Bite Ventures | Seed |
| Orkla | Seed |
| Clear Current Capital | Seed |
| Blue Horizon Ventures | Seed |
Change Foods Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Change Foods's valuation, stock price, and market status.