Funding round
UPSIDE Foods Seed
UPSIDE Foods, which works in cultivated meat and beef production in Berkeley, raised an undisclosed amount in a Seed round announced on 1 Mar 2016. 2 firms took part. It is UPSIDE Foods' first venture round on record.
Undisclosed
Amount raised
Not disclosed
Post-money valuation
2
Investors
no lead named
Valuation
What this round says about the price
UPSIDE Foods did not disclose a valuation in this round. It is UPSIDE Foods' first venture round on record, 1 year after it was founded in 2015. UPSIDE Foods raised again 17 months later: a Series A round of $17M in Aug 2017. Its next priced round, a Series B in Jan 2020, valued it at $500M.
UPSIDE Foods' funding rounds
UPSIDE Foods has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- backs 196 venture-backed companies new investor
- backs 12 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time: Seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Video Games - Development & Publishing | 10 Mar 2016 | $8.5M | not disclosed | Accelerate Ventures |
| Boom Aircraft Parts & Services | 21 Mar 2016 | $6.4M | not disclosed | not named |
| Tech Companies | 14 Mar 2016 | $4.5M | not disclosed | True Ventures and Resolute Ventures |
| Tech Companies | 15 Mar 2016 | $4.0M | not disclosed | Dawn Capital |
| Food Banks | 21 Mar 2016 | $3.1M | not disclosed | not named |
| Tekion Tech Companies | 1 Mar 2016 | $3.1M | not disclosed | Storm Ventures |
| Cosmetics Stores | 30 Mar 2016 | $2.8M | not disclosed | not named |
| Tech Companies | 15 Mar 2016 | $2.5M | not disclosed | University Ventures and New Markets Venture Partners |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did UPSIDE Foods raise in its Seed round?
UPSIDE Foods did not disclose the amount of its Seed round, announced in Mar 2016.
Which investors took part in UPSIDE Foods' Seed round?
SOSV and Unovis Asset Management.
What was UPSIDE Foods' valuation at the Seed round?
It was not disclosed.
Did UPSIDE Foods raise again after this round?
Yes: a Series A round in Aug 2017 of $17M.