Plantible Foods produces a plant-based protein ingredient called Rubi Protein for other food makers. It grows lemna, an aquatic plant, in its own aqua-farms to create a scalable, sustainable protein that is free from major allergens and has a neutral taste and color. The product is sold as an ingredient to food manufacturers for use in baked goods, plant-based meats, dairy alternatives, and nutritional supplements, enabling them to formulate new or improved plant-based products without worrying about allergen issues. The company differentiates itself by controlling its supply chain through in-house aquafarming and by delivering a neutral, versatile protein that can be incorporated across many product categories. Its goal is to meet increasing demand for sustainable, healthy foods by expanding production capacity and broadening its customer base among B2B food manufacturers.
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$108.7M
Headquarters
San Marcos, California
Founded
2016
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