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Food Processing Unicorns

4 Well-Known Unicorn Companies in the Food Processing Industry

Startups are hard and becoming a unicorn startup is even harder, but here is a list of 4 food processing companies that have achieved the unicorn status.

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There are a lot of things to consider when building a new startup - where to get funding, how to validate your idea, and what features should the product have.

One of the challenges, however, is finding a market that is willing to pay for your solution without even knowing what it is yet.

While some people say this makes your idea too vague and hard to monetize, there’s actually good news.

There’s more money in this space than ever before by angels investing in early-stage companies.

If you're building a Food Processing startup, you must check these 5 companies that have joined the unicorn club.

4 Unicorn Companies in the Food Processing Industry

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Benlai

Benlai

Benlai is a complete e-commerce solution for fresh produce lead generation that allows you to discover, track and distribute fresh produce.

Details of the startup:

  • Valuation:

    $1

    B (

    October 2019

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2012

  • Founders:

    Huafeng Yu, Jerry Yue

  • Industries:

    Delivery, E-Commerce, Food Delivery, Food Processing, Internet

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $348,722,793

  • Number of funding rounds:

    6

  • Number of investors:

    10

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

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

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
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