logo
logo

Lo! Foods secures $3.5 million in Series B funding led by Rainmatter Health and Capital Code to expand operations and enhance technology.

Jul 17, 2025•5 days ago

Amount Raised

$3.5 Million

Round Type

series b

BengaluruNutritionHospitalityFood and BeverageHealth CareE Commerce

Investors

Kpb VenturesIce.VcMount Judy VenturesCapital CodeRainmatter Health

Description

Lo! Foods, a Bengaluru-based functional food startup, has raised $3.5 million in Series B funding led by Rainmatter Health and Capital Code. The proceeds will be used to expand warehousing, enhance backend technology, and launch offline pilots in Bengaluru. The company aims to invest in brand-building for its Protein Chef product. The startup has rapidly emerged as a leader in functional foods, with significant revenue growth reported.

Company Information

Company

Lo! Foods

Location

Bengaluru, Karnataka, India

About

Lo! Foods is a Bengaluru-based functional food startup that offers a variety of products aimed at protein enrichment, weight loss, diabetes management, and gluten intolerance. The company has rapidly emerged as a significant player in the health food sector, with a focus on online sales through quick commerce platforms. Their growth is driven by strong revenue from their Protein Chef brand, alongside plans to expand and enhance their market presence. They are also looking to launch new products and reposition some existing brands for better market appeal.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers