All the funding deals in the alternative protein market
Download our beautiful pitch about the alternative protein market
In our alternative protein market deck, you will find everything you need to understand the market
The alternative protein market includes plant-based foods, fermentation-derived proteins, and cultivated meat and seafood.
We conducted deep research and collected 54 alternative protein funding deals announced from 2024 through Q2 2026.
We refresh this alternative protein funding page very often as new investment announcements become available.
And if you want to better understand this new industry, you should get our beautiful slides covering the alternative protein market.
Insights
- The 54 alternative protein funding deals represented about $1.14 billion in disclosed investment between 2024 and Q2 2026.
- Alternative protein companies raised about $606 million in 2024, equal to more than half of the funding recorded across the full period.
- Alternative protein funding fell to about $366 million in 2025, even though the number of disclosed deals increased from 19 to 20.
- The 15 alternative protein deals announced in the first half of 2026 represented about $172 million in disclosed investment.
- Meati Foods completed the largest alternative protein deal in the dataset, with a $100 million round announced in Q2 2024.
- Fermentation attracted many of the largest alternative protein investments, including rounds for Formo, Infinite Roots, The Protein Brewery, Verley, and Vivici.
- Plant-based meat remained active, but many plant-based funding rounds were smaller than investments in fermentation infrastructure and protein ingredients.
- Mosa Meat, SuperMeat, The Protein Brewery, and Those Vegan Cowboys each announced funding in more than one year.
- The alternative protein market covers several technology models, which reduces its dependence on one product category or production method.
This chart, featured in our alternative protein market deck, shows annual venture capital investment in alternative protein startups
Summary table of the funding deals for the alternative protein market since 2024
We define the alternative protein market as all modern technologies that provide protein for human food as a substitute for conventional meat, seafood, dairy, and eggs.
We include plant-based meat, seafood, dairy and egg products, fermentation-derived proteins used in such foods, and cultivated (cell-based) meat and seafood.
We exclude generic plant staples like beans, lentils, tofu and wheat gluten sold as ordinary foods, as well as insect, algae and other novel proteins, unless they are clearly positioned as meat, seafood, dairy or egg alternatives.
We focused exclusively on pure players, defined as companies with at least 70–80% of their business directly tied to the alternative protein market.
Our analysis has been done at a global level with a minimum funding threshold of $300k.
You can also read our detailed analysis to understand how funding activity in the alternative protein market has evolved recently.
If you want a longer-term view, we also have a study of how funding activity in the alternative protein market has changed over the years.
Also, you should know that we have a dedicated page, updated weekly, with all the latest fundraising deals in the alternative protein market.
| Name | What they do | Amount in $ | Quarter | Source(s) |
|---|---|---|---|---|
| The Protein Brewery | Produces Fermotein, a fungi-derived protein ingredient for food manufacturers | $20.57M | Q2 2026 | The Protein Brewery |
| Pacifico Biolabs | Produces whole-cut mycelium meat using fermentation and converted brewery infrastructure | $8.1M | Q2 2026 | AgFunderNews |
| StrainX Bioworks | Builds fermentation capacity for alternative proteins and other high-value food ingredients | $13.0M | Q2 2026 | AgFunderNews |
| Oshi | Produces plant-based whole-cut salmon and whitefish alternatives | $3.0M | Q2 2026 | Food Ingredients First |
| SuperMeat | Develops cultivated chicken for human food products | $6.0M | Q2 2026 | Green Queen |
| AuX Labs | Produces animal-free casein for cheese through precision fermentation | $4.0M | Q2 2026 | Oregon Technology Today |
| Planetary | Operates an industrial fermentation platform for mycoprotein and other food ingredients | $20.0M | Q2 2026 | Vegconomist |
| Standing Ovation | Produces animal-free casein and dairy proteins through precision fermentation | $28.5M | Q1 2026 | TMCnet |
| Those Vegan Cowboys | Produces animal-free casein for cheese and dairy products through precision fermentation | $14.2M | Q1 2026 | Green Queen |
| Verley | Produces precision-fermented whey protein for high-protein food and dairy applications | $30.0M | Q1 2026 | Sofinnova Partners |
| Green Rebel Foods | Produces Asian-inspired plant-based meat products, including beefless rendang and satay | $12.5M | Q1 2026 | Asia Business Outlook |
| 1.5 Degree | Supplies plant-based dairy and frozen desserts to Indian foodservice customers | $1.0M | Q1 2026 | Entrackr |
| Evergreen Select | Develops cultivated beef designed to improve the stability of beef supplies | $6.0M | Q1 2026 | Business Wire |
| Maia Farms | Develops mushroom and mycelium protein ingredients for food products | $2.7M | Q1 2026 | AFV News |
| Mö Foods | Produces oat-based cheese alternatives with dairy-like taste, texture, and melting properties | $2.8M | Q1 2026 | Green Queen |
| Bettani Farms | Produces protein-rich dairy-free cheese using seed-derived proteins | $6.5M | Q4 2025 | PR Newswire |
| Asterix Foods | Uses plant-cell cultures to produce bioactive proteins for food products | $4.2M | Q4 2025 | Business Wire |
| MATR Foods | Produces organic plant-based meat using solid-state fermentation | $21.6M | Q4 2025 | Novo Holdings |
| Umami United | Produces plant-based egg alternatives and egg-replacement ingredients | $2.01M | Q4 2025 | Vegconomist |
| Atlantic Fish Co. | Develops cultivated seafood, starting with whitefish fillets | $1.2M | Q4 2025 | Atlantic Fish Co. |
| The EVERY Company | Produces precision-fermented egg proteins for food manufacturers | $55.0M | Q4 2025 | EVERY |
| SuperMeat | Develops cultivated chicken for human food products | $3.5M | Q4 2025 | London Stock Exchange |
| Those Vegan Cowboys | Produces cow-free casein for animal-free cheese and dairy products | $6.9M | Q4 2025 | Protein Production Technology |
| Mosa Meat | Develops cultivated beef grown from animal cells | $17.6M | Q4 2025 | AgFunderNews |
| The Better Meat Co | Produces Rhiza mycoprotein for meat-like food products | $31.0M | Q3 2025 | AgFunderNews |
| The Protein Brewery | Produces Fermotein, a fungi-derived protein ingredient for food manufacturers | $35.6M | Q3 2025 | AgFunderNews |
| Revyve | Produces yeast proteins that replace eggs and additives in food manufacturing | $28.0M | Q3 2025 | Revyve |
| Nxtfood / ACCRO | Produces plant-based meat alternatives under the ACCRO brand | $58.0M | Q3 2025 | AgFunderNews |
| High Time Foods | Produces shelf-stable plant proteins for meat alternative products | $1.2M | Q2 2025 | Economic Times |
| NoMy | Produces mycoprotein through fermentation using food-industry sidestreams | $1.35M | Q2 2025 | EU-Startups |
| Rival Foods | Produces whole-cut plant-based meat using shear-cell texturization | $11.6M | Q2 2025 | Rival Foods |
| Rebellyous Foods | Produces plant-based chicken and manufacturing technology that lowers production costs | $2.4M | Q1 2025 | GeekWire |
| Project Eaden | Develops realistic plant-based meat using fiber-spinning technology | $15.6M | Q1 2025 | AgFunderNews |
| Vivici | Produces dairy proteins through precision fermentation | $33.7M | Q1 2025 | Vivici |
| Aleph Farms | Develops whole-cut cultivated beef using cell-cultivation technology | $29.0M | Q1 2025 | AgFunderNews |
| Happy Plant Protein | Helps food manufacturers produce high-quality plant proteins locally | $1.91M | Q4 2024 | Vegconomist |
| Plantible Foods | Produces lemna protein that replaces eggs and animal-derived functional ingredients | $30.0M | Q4 2024 | PR Newswire |
| Standing Ovation | Produces animal-free casein for dairy alternatives through precision fermentation | $4.2M | Q3 2024 | Tech.eu |
| Novameat | Produces plant-based whole cuts using proprietary protein-texturizing technology | $19.2M | Q3 2024 | AgFunderNews |
| Formo | Produces animal-free cheese using fermentation-derived proteins | $61.0M | Q3 2024 | AgFunderNews |
| NovoNutrients | Converts carbon dioxide and hydrogen into protein through gas fermentation | $18.0M | Q3 2024 | TechCrunch |
| Tender Food | Produces plant-based meat and seafood using spun protein fibers | $11.0M | Q2 2024 | TechCrunch |
| Prolific Machines | Uses light-controlled cell growth for cultivated meat and protein manufacturing | $55.0M | Q2 2024 | Ki Tua Fund |
| Meati Foods | Produces whole-cut meat alternatives made from mycelium | $100.0M | Q2 2024 | Green Queen |
| Mosa Meat | Develops cultivated beef grown from animal cells | $42.4M | Q2 2024 | Green Queen |
| Onego Bio | Produces animal-free egg protein through precision fermentation | $40.0M | Q2 2024 | Onego Bio |
| Cauldron | Builds continuous fermentation infrastructure for alternative protein production | $6.25M | Q1 2024 | Cauldron |
| Orbillion Bio | Develops cultivated meat using predictive modeling and production technology | $10.0M | Q1 2024 | WSGR |
| Umaro Foods | Produces seaweed-based bacon as an alternative to pork bacon | $3.8M | Q1 2024 | AgFunderNews |
| Miruku | Uses oilseed crops to produce animal-free dairy proteins and fats | $5.0M | Q1 2024 | TechCrunch |
| Heura Foods | Develops clean-label plant-based meat and other animal-free protein products | $43.0M | Q1 2024 | Houlihan Lokey |
| Infinite Roots | Develops mycelium proteins for alternative meat and other food products | $58.0M | Q1 2024 | AgFunderNews |
| Chunk Foods | Produces plant-based whole-cut meat, including steak-style products | $7.5M | Q1 2024 | Green Queen |
| Perfect Day | Produces animal-free dairy proteins through precision fermentation | $90.0M | Q1 2024 | Food Business News |
This market map, featured in our alternative protein market deck, highlights top companies and startups in the alternative protein market
Related blog posts
- What is new in the alternative protein market?
- What is the latest news in the alternative protein market?
- What is the actual size of the alternative protein market?
- The latest funding news in the alternative protein market
- What are the key fundraising trends in the alternative protein market?
- How funding activity has evolved in the alternative protein market
