Neutral Foods, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Neutral Foods, Inc. - overview

Established

2018

Location

Portland, OR, US

Primary Industry

Food

About

Neutral Foods, Inc. is a pioneering company focused on developing sustainable dairy products that significantly reduce agriculture's carbon footprint, catering primarily to food service establishments. Founded in 2018 and headquartered in Portland, US, Neutral Foods specializes in sustainable dairy production. The company operates independently and has not undergone any notable changes in business strategy since its inception.


The founder's history or previous ventures is not publicly documented. Neutral Foods raised USD 12. 000 mn in Series A funding on August 31, 2022, led by Breakthrough Energy Ventures, contributing to a total amount raised of USD 12. 000 mn and a current valuation of USD 76.


930 mn. Neutral Foods produces a variety of sustainable dairy products, including Dairy Milk, Barista Milk, Half & Half, and Heavy Whipping Cream. These offerings are developed with input from dairy farmers to meet rigorous environmental standards while ensuring quality. The company employs innovative solutions like feed supplements and advanced manure management techniques to mitigate carbon emissions from dairy farming, primarily serving restaurants, coffee shops, and food service establishments in urban markets across the United States and Canada.


Neutral Foods generates revenue through partnerships with farmers and B2B sales to food service providers. Their business model reflects a commitment to sustainability, with revenue streams derived from sales of their diverse milk products designed for various culinary applications. Transactions are structured as bulk purchases, allowing them to establish customized supply agreements that align with their clients' sustainability goals, promoting environmentally friendly dairy options. The recent Series A funding of USD 12.


000 mn will allow Neutral Foods to expand its customer base and enhance its carbon-neutral foods and technologies. The company plans to introduce new product lines focusing on sustainability and aims to penetrate additional markets, particularly targeting urban regions in the US and Canada. Specific release dates for upcoming products have not been disclosed, but the funding will support these initiatives as they seek to meet growing consumer demand for sustainable dairy solutions.


Current Investors

Breakthrough Energy Ventures, Mark Cuban Companies, Darco Capital

Primary Industry

Food

Sub Industries

Non-Alcoholic Beverages, Dairy Products

Website

www.eatneutral.com

Verticals

Manufacturing

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.