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UPSIDE FOODS
Upside Foods
Foodtech · United States · Founded · 2015 · ≈ · 125 · employees

Upside Foods Funding — Last Valued at $1B

Private

Upside Foods has raised $417M across 2 funding rounds. The latest round valued Upside Foods at $1B post-money, with Temasek, Abu Dhabi Growth Fund on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Upside Foods funding · at a glance
Total raised, all rounds
$417M
sum of disclosed sizes
Funding rounds
2
priced rounds
Latest round
$1B
post-money · Apr 2022
Lead on that event
Temasek
Largest funding round in cultivated meat industry
2022
About Upside Foods

Upside Foods' Series C round closed at $400 million with backing from Breakthrough Energy and Agronomic Capital, pushing its valuation over $1 billion, on top of an earlier $17 million Series A backed by DFJ, Bill Gates, Richard Branson, and Cargill.

Funding timeline

The Upside Foods funding timeline

2 funding rounds, the latest highlighted.

2015
Upside Foods founded

Upside Foods was founded in 2015, United States.

AUG 2017
Series A

Bill Gates, Richard Branson, Suzy and Jack Welch, Cargill, Kimbal Musk, Atomico. $17M raised, led by DFJ.

Valuation basisAmount$17MPrice / shareLeadDFJ
APR 2022LATEST
Series C at $1B post-money

Largest funding round in cultivated meat industry. $400M raised, led by Temasek, Abu Dhabi Growth Fund.

Valuation basispost-moneyAmount$400MPrice / shareLeadTemasek, Abu Dhabi Growth Fund
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Upside Foods funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series C LATEST
Apr 2022
$400M
$1Bpost-money
—
Temasek, Abu Dhabi Growth Fund
Largest funding round in cultivated meat industry
Series A
Aug 2017
$17M
—
—
DFJ
Bill Gates, Richard Branson, Suzy and Jack Welch, Cargill, Kimbal Musk, Atomico
Upside Foods · investors

Investors

TemasekLEADAAbu Dhabi Growth FundLEADDDFJLEADBBreakthrough EnergyAAgronomic Capital

Frequently asked questions

Who are Upside Foods's competitors?›

The closest foodtech peers are on the competitors page.

How can I get exposure to Upside Foods?›

The routes section explains what is realistically available for a company at this stage.

Is Upside Foods publicly traded?›

No. Upside Foods is a private company; its shares do not trade on a public exchange.

What is Upside Foods's valuation?›

The last valuation is $1B.

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