Funding round
LIVEKINDLY Collective Growth
Reported as "Growth Equity"
LIVEKINDLY Collective, which works in plant-based food manufacturing in New York, raised $200M in a Growth round announced on 31 May 2022, led by Founders Factory. 1 firm took part. It is LIVEKINDLY Collective's third venture round on record; the one before was a Growth in Mar 2021.
$200M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
LIVEKINDLY Collective did not disclose a valuation in this round. It came 14 months after LIVEKINDLY Collective's Growth. It is 30% of the $670M LIVEKINDLY Collective has raised in the venture rounds on record. No later venture round is on record for LIVEKINDLY Collective.
Investors
Who put money in
Founders Factory led the round.
Lead investor
- backs 33 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations, acquisitions and working capital.
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
6 Growth rounds in Food Production within a year either side disclosed an amount; the median was $43M, and this round was 4.6 times the median. The closest in time, other companies' Growth rounds in Food Production:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Food Production | 25 May 2022 | $31M | not disclosed | Claridge |
| Food Production | 17 Aug 2022 | $3.6M | not disclosed | not named |
| Impossible Foods Food Production | 22 Nov 2021 | $500M | $7.00B | Mirae Asset Global Investments |
| Food Production | 9 Nov 2021 | $28M | not disclosed | Blume Equity |
| Food Production | 5 Nov 2021 | undisclosed | not disclosed | not named |
| Food Production | 1 Dec 2022 | $70M | not disclosed | not named |
| Food Production | 4 Oct 2021 | undisclosed | not disclosed | not named |
| Food Production | 18 Jan 2023 | undisclosed | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did LIVEKINDLY Collective raise in its Growth round?
LIVEKINDLY Collective raised $200M in its Growth round, announced in May 2022.
Who led LIVEKINDLY Collective's Growth round?
Founders Factory led it.
What was LIVEKINDLY Collective's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Food Production?
6 Growth rounds in Food Production within a year either side disclosed an amount; the median was $43M, and this round was 4.6 times the median.