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Overview
The popularity of plant-based meat is rapidly growing in China; in 2020, 39% of the population were attempting to reduce their meat consumption, and 65% of them were willing to try plant-based meat to help them in this. However, many are dissatisfied with the plant-based meat options in China; Haofood’s founders discovered that this was because of the tofu-like quality of products currently available in the market. On top of that, often flexitarians and vegetarians struggle with craving comfort foods. Being the most consumed meat in the world, chicken products, such as fried chicken, are a comfort food to and missed by countless first-time vegetarians.
Haofood offers a solution to these problems with its realistically textured and healthy plant-based chicken. They are the first company in the world to use peanut protein as their base, taking advantage of its potential for a strong and elastic texture. Led by a founding team of senior professionals from the food industry, who, together, hold a well-rounded skill set ranging from entrepreneurship to food technology, Haofood uses its own proprietary extrusion technology and formulation to create affordable, delicious plant-based chicken made from sustainable, non-GMO peanuts.
About
Food and Beverage, Food Processing, Nutrition, Alternative Protein
2020
1-10
Headquarters locations
Asia
Social
N/A
Profile Resume
Haofood headquartered in Asia, operates in the Food and Beverage, Food Processing, Nutrition, Alternative Protein sector. The company focuses on Food and Beverage and has secured $244.1M in funding across 64 round(s). With a team of 1-10 employees, Haofood is actively contributing to advancements in Food and Beverage. Their latest funding round, Non Equity Assistance - Haofood, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.
Employees
N/A
Funding Rounds
4
1
0
$3.8M
Details
3
Haofood has raised a total of $3.8M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2020 | Seed | 100.0K | ||
2022 | Seed | 3.5M | ||
2021 | Seed | 214.2K |
Investors
Haofood is funded by 11 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
ProVeg Incubator | - | FUNDING ROUND - ProVeg Incubator | 214.2K |
Stephen Liang | - | FUNDING ROUND - Stephen Liang | undefined |
Haofood | - | FUNDING ROUND - Haofood | undefined |
Start-up Express | - | FUNDING ROUND - Start-up Express | undefined |
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