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KBW Ventures invests in Rebellyous Food

Startups 17 May 2023 272 Views

Rebellyous Foods, a food manufacturing technology business announced that it had lifted a $9.5M equity contest to construct its novel production technology.

Rebellious Foods, directed by Christie Layally, the ex-aerospace engineer, is located in Seattle, Washington, a patented technology has been developed that opens production to animal-based chicken at cost-parity. 

Rebellyous will utilize this investment in expanding operationsand its vision to help the plant-based meat industry through tech-backed solutions.

Christie Lagally, founder and CEO of Rebellyous Foods said, “During a tough economic slump, we are thrilled by this testament to investor belief in Rebellyous and in price parity as a solution to the sustained growth of plant-based meat in the marketplace. The world is in desperate need of viable solutions to animal agriculture, and we are delighted we are one step closer to delicious, affordable plant-based meat for all.”

Rebellyous products are currently being used in the US in more than 100 schools and 1000 retail areas. 

In the plant-based meat category, the 2nd fastest-growing category is the plant-based chicken and is poised for tremendous segment growth. 

Mike Miller, Board Member and Partner at Liquid 2 Capital said, “Rebellyous is the only company making meaningful strides towards price parity. The plant-based meat industry has shown us that the status quo isn’t cutting it… and it takes a new style of thinking to look beyond food chemistry to manufacturing.” 

Rebellious was established in 2017 with the aim of facilitating the plant-based meat industry. The tools were required primarily to increase production capacity, while dramatically lowering costs for high-quality plant-based meat. Investors include Fifty Years, Liquid 2 Ventures, Clear Current Capital, KBW Ventures, Agronomics, and CPT Capital. 

In April 2020, KBW Venture took part in the earlier rounds of &6 million invested in Rebellyous Foods to create on its initial promises. Prince Khaled bin Alwaleed bin Talal Al Saud founded the funds.