Nowadays, a Silicon Valley-based plant-based protein startup, has secured a USD 2 million pre-seed investment to launch its clean-label meat alternatives, focusing on health, sustainability, and simplicity.
Information on the Target
Nowadays is a promising startup based in Silicon Valley that specializes in creating clean-label, plant-based meat products. Their flagship offering is a plant-based nugget made with just seven wholesome ingredients: filtered water, yellow pea protein, whole wheat flour, sunflower oil, yeast extract, maple fiber, and mushroom extract. This minimalist ingredient approach is crafted to deliver a delicious alternative to traditional meat products, prioritizing both health and environmental sustainability.
Industry Overview in the Target’s Specific Country
The plant-based protein market in the United States has experienced remarkable growth, driven by increasing consumer awareness regarding health, sustainability, and animal welfare. In 2019, investments in this sector reached nearly USD 457 million, with companies like Beyond Meat achieving significant public valuations, highlighting the demand for plant-based alternatives.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Research indicates that consumers are shifting toward flexitarian diets, seeking options that complement their lifestyle while maintaining nutritional values. This shift in consumer behavior underscores a growi
Similar Deals
HPA → Aqua Cultured Foods
2023
Beyond → Leading consumer brand producing high-quality edible oils
2023
Michigan Rise Pre-Seed Fund III → Hummus Goodness
2023
Plug and Play Ventures → FloWaste
2021
3Lines Venture Capital → Tastry
2021
VegInvest, Cornucopian Capital, Stray Dog Capital
invested in
Nowadays
in 2023
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $2M