Best Food Companies to Watch
Every year, new startups pull to the forefront of their industry through exciting innovation and industry-disrupting business models. We’ve rounded up the most exciting food startups of 2022 that startup-lovers, investors, and aspiring entrepreneurs should follow.
Disclaimer: With so many exciting startups launching and growing worldwide, we aren’t able to cover them all. Furthermore, the startups that are listed below are not officially ranked and are listed in no particular order.
1. Redefine Meat
Location: Tel Aviv, Israel
Funding: Series Unknown, $170 Million
Tel Aviv startup Redefine Meat is doing just what its name implies. The innovative brand takes everyday products, like ground beef and burgers, and completely redefines them. Using 3D printers, they take plant products like soy and turn them into familiar dinner favorites. They currently have plans to expand their line into products like minute steak and beef skewers.
Location: Detroit, Michigan
Funding: Series B, $28.8 Million
Pasta company Banza uses chickpeas to reinvent traditionally flour-based products like penne pasta, mac and cheese, and even pizza. The end product has more protein and fiber than typical pasta, and consumers praise the brand’s texture and flavor. Is it exactly the same as regular pasta? No. But for carb-lovers looking to eat a bit healthier, Banza is pure gold.
3. Babylon Micro-Farms
Location: Richmond, Virginia
Funding: Debt Financing, $10.9 Million
Babylon Micro-Farms doesn’t produce any food or beverages or even deliver them. Instead, the Virginia startup is taking the food world by storm through farming—micro-farming, to be exact. Babylon’s tiny farms allow you to grow fresh, delicious produce anywhere, from your garage to your living room. There is even an app that tells you what can be grown, how to do it, and when to harvest.
Location: Paris, France
Funding: Series Unknown, $4.7 Million
Foodvisor is a free wellbeing app for IOS and Android. Users can photograph their meals, and the program uses deep learning to identify the food and give a nutritional breakdown. In addition, the app also estimates the food's weight by analyzing the distance between your plate and the phone using autofocus data. Users can set a goal, log activities, and monitor progress.
5. Remedy Organics
Location: Englewood, New Jersey
New Jersey food startup Remedy Organics sells plant-based wellness shakes and immunity shots that “unleash your body’s natural healing power.” The drinks are organic, non-GMO, vegan, gluten-free, and dairy-free. They each contain 8-14 grams of protein, and the keto line has zero added sugar. For consumers who want a complete reset, the brand also offers a 3-day Remedy Reset Program.
Feeling inspired? Learn how to launch your company with our guide on How to Start a Startup.
6. Cultivated Biosciences
Location: Zurich, Switzerland
New kid on the block Cultivated Biosciences creates plant-based fats using fermented yeast. The fats address the textural issues often faced by traditional vegan products and can add creaminess to things such as dairy-free milk and yogurt. In addition to being tasty, the fats naturally have zero cholesterol and typically have a lower saturated level than comparable animal products.
7. Everything Legendary
Location: Lanham, Maryland
Funding: Series A, $6.3 Million
Maryland-based startup Everything Legendary makes gluten-free, soy-free, plant-based food products. Featured on Shark Tank, the brand currently offers vegan burgers, cheeseburgers, and crumbles (wings and sausages are in the works). But with countless other meat alternatives on the market, what makes them different? A bevy of unique and tasty ingredients, including mango concentrate, orange peel, and ginger.
Location: Bellevue, Washington
Funding: Private Equity, $31.5 Million
Nutpods offers an alternative to conventional creamer that can make your coffee or tea delicious without the dairy. Their almond, coconut, and oat-based products come in various flavors, from vanilla to cinnamon swirl. Unlike many dairy alternatives, this one is froth-friendly and has only nine ingredients. Bonus: Nutpods was the first-ever Whole 30 certified creamer.
Location: San Francisco, California
Funding: Series Unknown, $5.5 Million
Rice is something millions of people around the world eat every day, and RightRice is looking to put a healthy spin on the pantry staple. The California startup is changing the game with its vegetable-based rice alternative. Low in net carb and high in protein (and flavor), this is a product worth watching.
10. Bizzy Coffee
Location: Minneapolis, Minnesota
Funding: Series Unknown, $7.2 Million
As the name might suggest, this up-and-coming business is focused on coffee — but just one kind. Bizzy Coffee exclusively makes cold brew. Their product starts with ethically-sourced beans and is then transformed to make the best grab-and-go coffee out there. In addition to their ready-to-drink blends, the company sells grounds and brew bags (just like tea bags, but for cold brew).
Recommended: Check out our full list of the hottest startups to watch!