Food and Beverage Unicorns

20 Food and Beverage Companies that went to Become Unicorns

If you're building a food and beverage startup, you must check these 20 companies that have joined the unicorn club.

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How do unicorn startups emerge?

How are they formed?

What does it take to become one of the Unicorn startups?

These are all questions many entrepreneurs ask themselves when building their companies.

Here are 20 Food and Beverage startups – BrewDog and Impossible Foods included – which have become unicorns.

20 Food and Beverage Companies that Became Unicorns

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:

    Ellon

  • 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:

    $376,987,376

  • Number of funding rounds:

    15

  • Number of investors:

    6

here

Dingdong Maicai

Dingdong Maicai

Dingdong Maicai is a fresh vegetable e-commerce platform that enables farmers to sell their fresh produce online to consumers.

Details of the startup:

  • Valuation:

    $2.00

    B (

    May 2020

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2014

  • Founders:

    No Data

  • Industries:

    E-Commerce, Food and Beverage, Sales

  • Number of employees:

    50-100

  • Funding Amount:

    $1,330,000,000

  • Number of funding rounds:

    7

  • Number of investors:

    22

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:

    Food and Beverage, Food Processing, Nutrition, Organic Food

  • Number of employees:

    100-250

  • Funding Amount:

    $440,000,000

  • Number of funding rounds:

    13

  • Number of investors:

    34

here

Genki Forest

Genki Forest

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:

    $6.00

    B (

    March 2020

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2016

  • Founders:

    Binsen Tang

  • Industries:

    Food and Beverage

  • Number of employees:

    250-500

  • Funding Amount:

    CN¥150,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    9

here

Gousto

Gousto

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

Details of the startup:

  • Valuation:

    $1.00

    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:

    $211,295,692

  • Number of funding rounds:

    12

  • Number of investors:

    12

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:

    $2.26

    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:

    $95,145,464

  • Number of funding rounds:

    6

  • Number of investors:

    10

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:

    Campina

  • 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:

    $591,860,000

  • Number of funding rounds:

    7

  • Number of investors:

    5

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:

    Cooking, Food and Beverage, Food Processing, Nutrition, Organic Food

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,587,500,000

  • Number of funding rounds:

    14

  • Number of investors:

    52

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:

    $363,670,677

  • Number of funding rounds:

    8

  • Number of investors:

    7

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:

    No Data

  • Industries:

    Coffee, Food and Beverage, Supply Chain Management

  • Number of employees:

    50-100

  • Funding Amount:

    No Data

  • Number of funding rounds:

    2

  • Number of investors:

    3

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:

    $1,453,352,805

  • Number of funding rounds:

    8

  • Number of investors:

    8

here

Misfits Market

Misfits Market

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

Details of the startup:

  • Valuation:

    $1.10

    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:

    $301,500,000

  • Number of funding rounds:

    3

  • Number of investors:

    8

here

Missfresh

Missfresh

Missfresh is an e-commerce platform running on complex technology to provide you with your daily fresh food.

Details of the startup:

  • Valuation:

    $3

    B (

    July 2020

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2014

  • Founders:

    Bin Zeng, Zheng Xu

  • Industries:

    Apps, Consumer Goods, E-Commerce, Food and Beverage, Grocery, Mobile

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,662,656,167

  • Number of funding rounds:

    10

  • Number of investors:

    22

here

Plenty

Plenty

Plenty is a vertically integrated technology company that helps farmers grow produce year-round, in any climate, directly to customers.

Details of the startup:

  • Valuation:

    $1.05

    B (

    June 2019

    )

  • Country:

    United States

  • City:

    South San Francisco

  • Started in:

    2014

  • Founders:

    Jack Oslan, Matt Barnard, Nate Mazonson, Nate Storey

  • Industries:

    AgTech, Farming, Food and Beverage, Sustainability

  • Number of employees:

    250-500

  • Funding Amount:

    $541,000,000

  • Number of funding rounds:

    6

  • Number of investors:

    11

here

Promasidor

Promasidor

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:

    $532,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    2

here

Qdama

Qdama

Qdama is a vertically integrated provider that offers fresh food and frozen good intermediary services to processors, distributors, retailers, and consumers.

Details of the startup:

  • Valuation:

    $1.20

    B (

    December 2019

    )

  • Country:

    China

  • City:

    Guangzhou

  • Started in:

    2012

  • Founders:

    Jisheng Feng, Song Tan, Weihua Feng

  • Industries:

    Agriculture, Food and Beverage, Retail

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $142,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    10

here

Sweetgreen

Sweetgreen

Sweetgreen is a chain of restaurants that offer locally sourced produce and freshly prepared, healthy salads.

Details of the startup:

  • Valuation:

    $1.60

    B (

    November 2018

    )

  • Country:

    United States

  • City:

    Washington

  • Started in:

    2007

  • Founders:

    Jonathan Neman, Nathaniel Ru, Nicolas Jammet

  • Industries:

    Food and Beverage, Organic Food

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $478,595,000

  • Number of funding rounds:

    13

  • Number of investors:

    20

here

Xingsheng Youxuan

Xingsheng Youxuan

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:

    Changshahsien

  • Started in:

    2018

  • Founders:

    Lihua Yue

  • Industries:

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

  • Number of employees:

    10,000+

  • Funding Amount:

    $3,894,600,000

  • Number of funding rounds:

    9

  • Number of investors:

    11

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:

    Wuhu

  • 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:

    $511,361,922

  • Number of funding rounds:

    7

  • Number of investors:

    15

here

Yipin Fresh

Yipin Fresh

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:

    Nanan

  • Started in:

    2013

  • Founders:

    Jianfei Jiang

  • Industries:

    Consumer Goods, Food and Beverage

  • Number of employees:

    1-10

  • Funding Amount:

    CN¥4,500,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    4

here
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