Prime Roots Explained

Prime Roots
Type:Privately held company
Industry:Plant-based meat
Founded:2017
Hq Location:San Francisco, California
Hq Location Country:United States
Area Served:United States

Prime Roots (also known as Terramino Foods)[1] is an American koji-based meat-producing company focusing on deli and charcuterie products.[2]

History

Prime Roots was founded in 2017 by Joshua Nixon and Kimberlie Le. It produces non-GMO meat alternatives, and meat-free alternative seafood products, from a protein-rich and nutrient-dense fungi.[3] [4]

In December 2017, Terramino Foods (now known as Prime Roots) closed their first seed funding round raising $250,000 in capital and raising $4.25 million in second seed funding in July 2018 from IndieBio and SOSV respectively.[5] [6] In May 2023, it raised $30 million in series B funding to expand its operations US-wide.[7] [8]

In June 2023, it announced a partnership with UK-based mycoprotein product manufacturer Quorn, and in January 2024, Prime Roots was featured in , a Netflix vegan documentary.[9]

See also

Notes and References

  1. Web site: Prime Roots makes major commitment to plant-based seafood analogs . 2024-01-04 . www.seafoodsource.com . en.
  2. News: How far can you go with lab-made food substitutes? This reporter found out. . The New York Times . 22 February 2021 . January 4, 2024 .
  3. Web site: Axworthy . Nicole . Prime Roots Plots 'Disruptive Innovation' In the Deli Case With Novel Vegan Meat . 2024-01-04 . VegNews.com . en-US.
  4. Web site: Brodwin . Erin . The startup behind the Bill Gates-backed veggie burger that 'bleeds' is part of a transition to animal-free meat — here are the other frontrunners . 2024-01-04 . Business Insider . en-US.
  5. Web site: Fungi-based meat alternative start-up raises $4.25 million 2018-07-25 Food Business News . 2024-01-04 . www.foodbusinessnews.net . en.
  6. Web site: Brodwin . Erin . A 23-year-old dropped out of college to make meatless burgers using fungus — and got $100,000 from Peter Thiel . 2024-01-04 . Business Insider . en-US.
  7. Web site: Peluso . Olivia . Prime Roots Raises $30 Million To Ramp Up Its Plant-Based Deli Meat Production . 2024-01-04 . Forbes . en.
  8. Web site: Marston . Jennifer . 2023-05-18 . The Week in AgriFoodTech: GoodLeaf Farms snags $78m, Prime Roots raises $30m, Miso Robotics gets new investment . 2024-01-04 . AgFunderNews . en-US.
  9. Web site: Mridul . Anay . 2024-01-02 . Better Sex, Longer Life: Netflix's New Doc on Vegan Diets . 2024-01-04 . Green Queen . en-US.