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33 Well-Known Unicorns in the Food and Beverage Industry

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The Food and Beverage industry is filled with successful companies that have raised millions of dollars in VC funding that came from some of the top investors in the world.

Many of these successes have turned into unicorns — private companies worth over $1 billion.

If you want to build the next unicorn in the Food and Beverage space, these 33 companies should be your inspiration.

33 Food and Beverage Unicorns Companies

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Yuanqi Senlin

Yuanqi Senlin

Genki Forest is a company with Internet genes and sugar-free roots which produces a variety of healthy beverages with original, proprietary formulas.

Details of the startup:

  • Valuation:

    $15.00

    B (

    March 2020

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2016

  • Founders:

    Binsen Tang

  • Industries:

    Food and Beverage

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $721.31M

  • Number of funding rounds:

    5

  • Number of investors:

    9

here

Weilong

Weilong

Weilong Foods is a snack food brand that produces and manufactures spicy noodles, dried seafood, and other series of snack foods.

Details of the startup:

  • Valuation:

    $10.88

    B (

    May 2021

    )

  • Country:

    China

  • City:

    Luohe

  • Started in:

    1999

  • Founders:

    Liu Fuping, Liu Weiping

  • Industries:

    Food and Beverage, Manufacturing, Snack Food

  • Number of employees:

    No Data

  • Funding Amount:

    $559.74M

  • Number of funding rounds:

    1

  • Number of investors:

    10

here

HEYTEA

HEYTEA

HeyTea offers a selection of specialty tea and fruit teas, including mixed berry tea and cheese-topped milk tea.

Details of the startup:

  • Valuation:

    $9.28

    B (

    July 2019

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2012

  • Founders:

    Yunqi Nie

  • Industries:

    Food and Beverage, Tea

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $579.23M

  • Number of funding rounds:

    7

  • Number of investors:

    12

here

Xingsheng Selected

Xingsheng Selected

Xingsheng Youxuan is the only one-stop community shopping platform for consumers to buy products and services in one place.

Details of the startup:

  • Valuation:

    $8.00

    B (

    July 2020

    )

  • Country:

    China

  • City:

    Changsha

  • Started in:

    2009

  • Founders:

    Lihua Yue

  • Industries:

    E-Commerce, Food and Beverage, Grocery, Retail, Shopping

  • Number of employees:

    10,000+

  • Funding Amount:

    $5,040.00M

  • Number of funding rounds:

    9

  • Number of investors:

    14

here

Impossible Foods

Impossible Foods

Impossible Foods is a food technology company that makes delicious, nutritious plant-based alternatives of meat, dairy and fish.

Details of the startup:

  • Valuation:

    $4.00

    B (

    May 2019

    )

  • Country:

    United States

  • City:

    Redwood City

  • Started in:

    2011

  • Founders:

    Monte Casino, Patrick Brown

  • Industries:

    Food and Beverage, Food Processing, Nutrition, Organic Food

  • Number of employees:

    500-1,000

  • Funding Amount:

    $2,006.16M

  • Number of funding rounds:

    24

  • Number of investors:

    57

here

Kurly

Kurly

Market Kurly is a food delivery and logistics platform that enables its users to order food online.

Details of the startup:

  • Valuation:

    $3.30

    B (

    July 2021

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2014

  • Founders:

    Sophie Kim

  • Industries:

    Consumer, E-Commerce, Food and Beverage, Food Delivery, Online Portals

  • Number of employees:

    250-500

  • Funding Amount:

    $769.86M

  • Number of funding rounds:

    8

  • Number of investors:

    14

here

Flink

Flink

Flink is an online startup that offers grocery deliveries in ten minutes.

Details of the startup:

  • Valuation:

    $2.85

    B (

    December 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2021

  • Founders:

    Christoph Cordes, Julian Dames, Nikolas Bullwinkel, Oliver Merkel, Saad Saeed

  • Industries:

    E-Commerce, Food and Beverage, Food Delivery, Grocery

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $1,042.00M

  • Number of funding rounds:

    4

  • Number of investors:

    10

here

Meicai

Meicai

Meicai is an e-commerce platform for agricultural products that offers a wide selection of organic food, natural pesticide and chemical fertilizer. It has developed an advanced online service system using cutting-edge technology to improve the efficiency of supply chains across the country, enabling farmers to enjoy mechanization, and improving farmers’ livelihood and the quality of rural life.

Details of the startup:

  • Valuation:

    $2.80

    B (

    June 2016

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2014

  • Founders:

    Chuanjun Liu, Xueyin Xu

  • Industries:

    Agriculture, E-Commerce, Food and Beverage

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $199.00M

  • Number of funding rounds:

    8

  • Number of investors:

    8

here

Zume

Zume

Zume is a manufacturing technology company focused on food packaging with economically viable substitutes for plastic packaging.

Details of the startup:

  • Valuation:

    $2.25

    B (

    November 2018

    )

  • Country:

    United States

  • City:

    Mountain View

  • Started in:

    2015

  • Founders:

    Alex Garden, Julia Collins

  • Industries:

    Consumer, Food and Beverage, Food Delivery, Manufacturing

  • Number of employees:

    100-250

  • Funding Amount:

    $445.69M

  • Number of funding rounds:

    7

  • Number of investors:

    10

here

Guoquan Shihui

Guoquan Shihui

Guoquan Shihui is a food supply chain brand that supplies hot-pot and barbecue ingredients to supermarkets and convenience stores.

Details of the startup:

  • Valuation:

    $2.00

    B (

    March 2021

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2017

  • Founders:

    Yang Mingchao

  • Industries:

    Food and Beverage, Sales

  • Number of employees:

    10-50

  • Funding Amount:

    $154.30M

  • Number of funding rounds:

    5

  • Number of investors:

    9

here

Misfits Market

Misfits Market

Misfits Market delivers a customized subscription box service for organically sourced products.

Details of the startup:

  • Valuation:

    $2.00

    B (

    April 2021

    )

  • Country:

    United States

  • City:

    Pennsauken

  • Started in:

    2018

  • Founders:

    Abhi Ramesh

  • Industries:

    E-Commerce, Food and Beverage, Grocery, Organic Food, Subscription Service

  • Number of employees:

    100-250

  • Funding Amount:

    $526.50M

  • Number of funding rounds:

    4

  • Number of investors:

    10

here

Gousto

Gousto

Gousto, an online meal-kit service, automates the entire process from combining ingredients to delivery.

Details of the startup:

  • Valuation:

    $1.70

    B (

    November 2020

    )

  • Country:

    United Kingdom

  • City:

    London

  • Started in:

    2012

  • Founders:

    James Carter, Timo Boldt

  • Industries:

    E-Commerce, Food and Beverage, Food Delivery, Food Processing, Subscription Service

  • Number of employees:

    500-1,000

  • Funding Amount:

    $361.00M

  • Number of funding rounds:

    14

  • Number of investors:

    14

here

ezCater

ezCater

EzCater is the fastest growing online marketplace for those in need of catering services. Whether you’re headed to a board meeting, a business lunch, or an after-work happy hour, EzCater makes it easy and affordable for you to find fresh food and fantastic local catering options.

Details of the startup:

  • Valuation:

    $1.60

    B (

    April 2019

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2007

  • Founders:

    Briscoe Rodgers, Stefania Mallett

  • Industries:

    Catering, Food and Beverage, Hospitality, Marketplace

  • Number of employees:

    250-500

  • Funding Amount:

    $255.00M

  • Number of funding rounds:

    11

  • Number of investors:

    25

here

Promasidor Holdings

Promasidor Holdings

Promasidor is Africa’s leading manufacturer and supplier of seasonings and processed foods. Its brands are well-established household names, recognized for high quality.

Details of the startup:

  • Valuation:

    $1.59

    B (

    November 2016

    )

  • Country:

    South Africa

  • City:

    Bryanston

  • Started in:

    1979

  • Founders:

    Robert Rose

  • Industries:

    Consumer Goods, Food and Beverage, Manufacturing

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $556.00M

  • Number of funding rounds:

    2

  • Number of investors:

    2

here

Wenheyou

Wenheyou

Wenheyou operates a range of food and beverage brands.

Details of the startup:

  • Valuation:

    $1.55

    B (

    April 2021

    )

  • Country:

    China

  • City:

    Changsha

  • Started in:

    2013

  • Founders:

    Bin Feng

  • Industries:

    Food and Beverage, Restaurants

  • Number of employees:

    No Data

  • Funding Amount:

    $92.44M

  • Number of funding rounds:

    3

  • Number of investors:

    7

here

NotCo

NotCo

NotCo is a food technology company that produces plant-based meat and dairy substitutes.

Details of the startup:

  • Valuation:

    $1.50

    B (

    July 2021

    )

  • Country:

    Chile

  • City:

    Santiago

  • Started in:

    2015

  • Founders:

    Karim Pichara Baksai, Matias Muchnick, Pablo Zamora

  • Industries:

    Artificial Intelligence, Food and Beverage, Food Processing

  • Number of employees:

    250-500

  • Funding Amount:

    $395.84M

  • Number of funding rounds:

    7

  • Number of investors:

    18

here

Yijiupi

Yijiupi

Yijiupi is a one-of-a-kind e-commerce platform that connects beverage suppliers and consumers directly. With this innovative business model, they are transforming the beverage industry.

Details of the startup:

  • Valuation:

    $1.50

    B (

    September 2018

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2014

  • Founders:

    Sheng Qiang Chen, Shi Tao

  • Industries:

    B2B, E-Commerce, Food and Beverage, Supply Chain Management, Wine And Spirits

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $2,517.00M

  • Number of funding rounds:

    7

  • Number of investors:

    15

here

Yipin Shengxian

Yipin Shengxian

Yipin Fresh provides a range of fresh and discounted food products, ensuring you’re always saving on your grocery bill.

Details of the startup:

  • Valuation:

    $1.49

    B (

    March 2019

    )

  • Country:

    China

  • City:

    Hefei

  • Started in:

    2017

  • Founders:

    Jianfei Jiang

  • Industries:

    Consumer Goods, Food and Beverage

  • Number of employees:

    1-10

  • Funding Amount:

    $658.49M

  • Number of funding rounds:

    3

  • Number of investors:

    4

here

Cava Group

Cava Group

Cava Group is a Mediterranean food brand that specializes in chef-crafted dips and spreads.

Details of the startup:

  • Valuation:

    $1.30

    B (

    April 2021

    )

  • Country:

    United States

  • City:

    Washington

  • Started in:

    2010

  • Founders:

    Brett Schulman, Dimitri Moshovitis, Ike Grigoropoulos, Ronald M. Shaich, Theodore Xenohristos

  • Industries:

    Food and Beverage, Food Processing, Hospitality, Restaurants

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $678.35M

  • Number of funding rounds:

    10

  • Number of investors:

    9

here

Manner

Manner

Manner is a specialty coffee chain, committed to exceptional atmosphere, taste, and style while maintaining a sustainable work environment.

Details of the startup:

  • Valuation:

    $1.30

    B (

    December 2020

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2015

  • Founders:

    Yulong Han

  • Industries:

    Coffee, Food and Beverage, Supply Chain Management

  • Number of employees:

    50-100

  • Funding Amount:

    $497.19M

  • Number of funding rounds:

    3

  • Number of investors:

    4

here

Flipdish

Flipdish

Flipdish helps on-demand food businesses create branded food ordering systems, websites, and apps.

Details of the startup:

  • Valuation:

    $1.25

    B (

    January 2022

    )

  • Country:

    Ireland

  • City:

    Dublin

  • Started in:

    2015

  • Founders:

    Conor McCarthy, James McCarthy

  • Industries:

    Brand Marketing, E-Commerce, Food and Beverage, Food Delivery, Mobile Apps

  • Number of employees:

    250-500

  • Funding Amount:

    $156.34M

  • Number of funding rounds:

    6

  • Number of investors:

    6

here

BrewDog

BrewDog

BrewDog is a craft beer company that produces unpasteurized bottled and can beers in a variety of styles.

Details of the startup:

  • Valuation:

    $1.24

    B (

    April 2017

    )

  • Country:

    United Kingdom

  • City:

    Aberdeen

  • Started in:

    2007

  • Founders:

    James Watt, Martin Dickie

  • Industries:

    Brewing, Food and Beverage, Wine And Spirits

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $296.77M

  • Number of funding rounds:

    15

  • Number of investors:

    7

here

Eat Just

Eat Just

EAT JUST is inspiring a global shift in perception towards veganism and plant- based foods.

Details of the startup:

  • Valuation:

    $1.10

    B (

    November 2017

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2011

  • Founders:

    Josh Balk, Josh Tetrick

  • Industries:

    Biotechnology, Food and Beverage, Food Processing, Nutrition, Organic Food

  • Number of employees:

    100-250

  • Funding Amount:

    $303.10M

  • Number of funding rounds:

    12

  • Number of investors:

    39

here

Daily Harvest

Daily Harvest

Daily Harvest is a customer-first platform that provides subscription-based food delivery services to offer healthy frozen foods.

Details of the startup:

  • Valuation:

    $1.10

    B (

    November 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2014

  • Founders:

    Rachel Drori

  • Industries:

    E-Commerce, Food and Beverage, Food Delivery, Organic Food, Subscription Service

  • Number of employees:

    100-250

  • Funding Amount:

    $120.98M

  • Number of funding rounds:

    6

  • Number of investors:

    24

here

Jiuxian

Jiuxian

Jiuxian offers some of the best wine online to help you and your friends share a good drink, whether you’re celebrating or commiserating.

Details of the startup:

  • Valuation:

    $1.05

    B (

    July 2015

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2009

  • Founders:

    Haofeng He

  • Industries:

    E-Commerce, E-Commerce Platforms, Food and Beverage, Sales, Wine And Spirits

  • Number of employees:

    100-250

  • Funding Amount:

    $249.21M

  • Number of funding rounds:

    8

  • Number of investors:

    7

here

Kitopi

Kitopi

Kitopi is a cloud kitchen startup that provides delivery only services for restaurants.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2021

    )

  • Country:

    United Arab Emirates

  • City:

    Dubai

  • Started in:

    2018

  • Founders:

    Andres Arenas, Bader Ataya, Mohamad Ballout, Saman Darkan

  • Industries:

    Cloud Infrastructure, Delivery, Food and Beverage, Food Delivery, Restaurants

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $502.20M

  • Number of funding rounds:

    4

  • Number of investors:

    20

here

Kopi Kenangan

Kopi Kenangan

Kopi Kenangan is Indonesia’s fastest-growing coffee chain, leveraging on a tech-based 'grab & go' strategy.

Details of the startup:

  • Valuation:

    $1.00

    B (

    December 2021

    )

  • Country:

    Indonesia

  • City:

    Kebayoran Baru

  • Started in:

    2017

  • Founders:

    Edward Tirtanata, James Prananto

  • Industries:

    Coffee, Food and Beverage

  • Number of employees:

    50-100

  • Funding Amount:

    $233.00M

  • Number of funding rounds:

    6

  • Number of investors:

    17

here

Licious

Licious

Licious is an online meat and seafood ordering startup that follows an end-to-end business.

Details of the startup:

  • Valuation:

    $1.00

    B (

    October 2021

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2015

  • Founders:

    Abhay Hanjura, Varun Sadana, Vivek Gupta

  • Industries:

    Delivery Service, E-Commerce, Food and Beverage, Food Delivery

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $338.00M

  • Number of funding rounds:

    9

  • Number of investors:

    24

here

iFood

iFood

IFood is the best app to order food online while you are on the go or in your home in some relaxing time. It is globally recognised and delivers foods to your doorstep!

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2018

    )

  • Country:

    Brazil

  • City:

    Osasco

  • Started in:

    2011

  • Founders:

    Eduardo Baer, Felipe Ramos Fioravante, Gabriel Pinto, Guilherme Bonifacio, Michel Eberhardt, Patrick Sigrist

  • Industries:

    Delivery, E-Commerce, Food and Beverage, Food Delivery, Mobile, Restaurants

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $591.86M

  • Number of funding rounds:

    7

  • Number of investors:

    5

here

Nature's Fynd

Nature's Fynd

Nature’s Fynd is a food company that makes nutritional vegan protein from a microbe.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2021

    )

  • Country:

    United States

  • City:

    Chicago

  • Started in:

    2012

  • Founders:

    Mark Kozubal, Matthew Strongin, Thomas Jonas

  • Industries:

    Agriculture, AgTech, Food and Beverage, Food Processing, Sustainability

  • Number of employees:

    50-100

  • Funding Amount:

    $508.48M

  • Number of funding rounds:

    4

  • Number of investors:

    17

here

Slice

Slice

Slice is a provider of tools for pizzerias to manage the digital side of their businesses.

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2021

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2015

  • Founders:

    Ilir Sela

  • Industries:

    Food and Beverage, Food Delivery, Restaurants, SaaS

  • Number of employees:

    500-1,000

  • Funding Amount:

    $303.73M

  • Number of funding rounds:

    6

  • Number of investors:

    14

here

Swile

Swile

Swile is a digital solutions provider for employee benefits with an all-in-one smartcard and an app for team life.

Details of the startup:

  • Valuation:

    $1.00

    B (

    October 2021

    )

  • Country:

    France

  • City:

    Montpellier

  • Started in:

    2016

  • Founders:

    Loic Soubeyrand

  • Industries:

    Apps, Coupons, Employee Benefits, Food and Beverage, Mobile Payments

  • Number of employees:

    250-500

  • Funding Amount:

    $328.43M

  • Number of funding rounds:

    4

  • Number of investors:

    8

here

Zihaiguo

Zihaiguo

Zihaiguo is a developer and retailer of self-heating hot pots.

Details of the startup:

  • Valuation:

    $1.00

    B (

    May 2021

    )

  • Country:

    China

  • City:

    Chongqing

  • Started in:

    2018

  • Founders:

    Hongliang Cai

  • Industries:

    Food and Beverage, Food Processing

  • Number of employees:

    10-50

  • Funding Amount:

    $3,206.53M

  • Number of funding rounds:

    5

  • Number of investors:

    5

here
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