Prime Roots Raises $30M in Series B Funding

prime roots

Prime Roots, a San Francisco, CA-based plant-based deli and charcuterie company, raised $30M in Series B funding.

The round, which brought the total amount to approximately $50M, was led by True Ventures, Pangaea Ventures, Prosus Ventures, Top Tier Capital, Diamond Edge Ventures, SOSV/IndieBio, Solasta Ventures, Monde Nissin, Alumni Ventures, Gaingels, Meach Cove Capital, The House Fund, and Hyphen Capital.

The company intends to use the funds to scale and expand to deli counters and restaurants nationwide.

Led by Kimberlie Le, Founder and CEO, Prime Roots is a plant-based food company that offers a line of sliceable deli meats and charcuterie which includes flavors like turkey, ham, salami, pepperoni, as well as bacon, pâté and foie gras. These products are made from koji and are designed for use in deli counters and restaurants and have no nitrates, preservatives, cholesterol, soy, wheat and are lower in sodium.

FinSMEs

15/05/2023