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French Food Tech Umiami Secures $34.7 Million To Drive Plant-Based Chicken Innovation And Us Growth

Oct 19, 2023over 1 year ago

Amount Raised

$34.7 Million

ParisFood ProcessingFood And Beverage

Description

UMIAMI, the pioneering French food tech company specializing in plant-based meat alternatives, has successfully raised $34.7 million, bringing their total funding to an impressive $107 million in just three years. To underline its growth and commitment to the American market, the Company is opening up a headquarters in Chicago, and will recruit locally.

Company Information

Company

Umiami

Location

Paris, Texas, United States

About

Founded in 2020, UMIAMI offers alternatives to meat products to reduce the impact of livestock farming (15% of global CO2 emissions) on global warming and the effects of intensive farming on animal welfare and human health. Based in the Paris area, the company has developed an innovative process to produce plant protein-based meat, which makes it possible to create whole pieces of thick and fibrous plant meat without artificial texturizing agents. For more information: https://www.UMIAMI.com/.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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