Soylent Garners $20,000,000 New Financing Round

  • Feed Type
  • Date
    1/14/2015
  • Company Name
    Soylent
  • Mailing Address
    637 Natoma Street San Francisco, CA 94103 USA
  • Company Description
    We’re not just too busy to cook and clean up. In Rhinehart’s view, the act of eating is a task that technology can make more efficient—or eliminate entirely. It also reflects fears about scarce resources: the worry that we may not have enough food, or the infrastructure to distribute it, to feed Earth’s growing population reliably.
  • Website
    http://www.soylent.me
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    With this funding, our team will have the opportunity to accomplish many of our short and long-term business goals. First and foremost, we will be significantly expanding our manufacturing and shipping capabilities. This process has already begun with two new manufacturers that will ramp up our production to more than fifty times its previous rate allowing us to vigorously tackle our order backlog while working toward imminent real-time shipping fulfillment.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor

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