Propel Foods logo — Impulsado al mundo a través de proteínas mexicanas libres de...

Propel Foods

Impulsado al mundo a través de proteínas mexicanas libres de carne 🌱🚀

Founded 2022 Mexico Mexico 3 employees Pre-Seed Total: $375.00K Food and Beverage

General Information

Company Name Propel Foods
Founded Year 2022
Location Mexico Mexico
Founders / Decision Makers
Team member Team member Team member
Employees 3
Industries Food and Beverage
Funding Stage Pre-Seed
Social

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About Propel Foods

Propel Foods is a Mexican FoodTech startup focused on developing alternative plant-based and fermentation-based proteins, with a clear emphasis on the Mexican market. The company has garnered significant attention including winning the 2023 ProVeg Incubator, being listed on The FoodTech 500 in 2023, and being recognized by Fuel, a McKinsey & Company in 2022. Additionally, it was a part of MassChallenge in 2022 and achieved acclaim as the 2021 Hult Prize Global Winner. Propel Foods leverages Artificial Intelligence (AI) to drive the development of Mexican proteins and aims to address the key challenges associated with plant-based foods, including nutritional value, sustainability, accessibility, and taste. The company utilizes next-generation technology to create highly realistic and nutritious alternative proteins, contributing to local production, the health of Mexicans, and the environment. Founded in 2022, the startup operates in the Food and Beverage industry, with its headquarters in Mexico. Recently, it secured a Pre Seed Round investment on 01 January 2024, with backing from Sustainable Food Ventures. Propel Foods' vision centers around trust, collaboration, quality, innovation, and passion, representing its commitment to advancing the future of Mexican proteins.

Taxonomy: FoodTech, plant-based protein, CPG (Consumer Packaged Goods), alternative proteins, nutrition, food science, innovative foods, Mexican cuisine, local producers, community impact, sustainable sourcing, health-focused

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round Undisclosed 1
Sustainable Food Ventures
01 Jan 2024
Pre Seed Round $75.00K 1
ProVeg Incubator
12 Apr 2023
Grant $150.00K 1
Hult Prize Foundation
25 Apr 2022
Pre Seed Round $150.00K -
17 Feb 2022

Propel Foods Alternatives & Competitors

View All Alternatives
Propel Foods vs
Planted
Planted Switzerland

Unique and juicy plant-based meat, with the perfect meaty bite and only clean ingredients. 🌱 🌏 💜

Grant
210 employees
Food and Beverage, Health and Wellness
Propel Foods vs

We simplified protein. Nature perfected the taste. Experience our sunflower proteins difference!

Series A
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Propel Foods vs
kencko
kencko United States

Your daily dose of plant power. All organic. Nothing added. Nothing taken out except water.

Equity Crowdfunding
110 employees
E-Commerce, Food and Beverage

FAQ About Propel Foods

Impulsado al mundo a través de proteínas mexicanas libres de carne 🌱🚀
Propel Foods was founded in 2022.
Propel Foods is headquartered in Mexico.
Propel Foods operates in Food and Beverage. Its work centres on FoodTech, plant-based protein, CPG (Consumer Packaged Goods) and alternative proteins.
Propel Foods has approximately 3 employees.
Propel Foods has completed 4 funding rounds, raising a total of $375.00K. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Propel Foods include Planted, Sunbloom Proteins GmbH, kencko, Banza, Plant Origin. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Propel Foods and Planted are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Propel Foods, https://bouncewatch.com/company/propel-foods, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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