# UPSIDE Foods: Food production, Berkeley, United States > UPSIDE Foods: UPSIDE Foods is a food technology company based in Berkeley, California, specializing in cultivated meat. Based in Berkeley, United States. Source: https://millionrounds.com/startup/upside-foods (Millionrounds; every figure on the page links to its filing or article) United States · [Food production startup](https://millionrounds.com/companies) # UPSIDE Foods UPSIDE Foods is a food technology company based in Berkeley, California, specializing in cultivated meat. Funding reported Last round: Grant Food production Berkeley, United States Company summary - **Founded:** 2015 11 years old - **Team:** 220 201 to 1,000 people - **Funding reported:** $598M in dollars - **Last round:** Grant Jun 2023 How sure we are - ✓ **Listed** We know it exists and what it does - 2 **Funding reported** A company dataset reports a raise - 3 **Observed** A filing or a dated announcement confirms a round No round for UPSIDE Foods has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology) ## About UPSIDE Foods UPSIDE Foods is a food technology company based in Berkeley, California, specializing in cultivated meat. Founded in 2015 by Uma Valeti, the company grows real meat from animal cells in a controlled environment, which eliminates the need for raising or slaughtering animals. Their main product is cultivated chicken, branded as "UPSIDE Chicken," and they also develop ground and whole-cut formats for various meats, including beef, duck, and seafood. In November 2022, UPSIDE became the first company in the U.S. to receive an FDA "No Questions" Letter for cultivated meat, allowing for commercial production and sale. The company targets U.S. consumers, restaurant networks, and distributors, with plans to achieve price parity with conventional meat in the next 5 to 15 years. With a workforce of 174 employees and significant funding of $609 million from various investors, UPSIDE Foods aims to capture a share of the $1.4 trillion global meat market. ## What company datasets say UPSIDE Foods raised Funding, as reported Reported in all **$598M** in dollars Rounds **8** Last round **Grant** Last round size **$400M** Last round date **Jun 2023** Investors listed **43** Valuation **$1.0B, Mar 2026** ## Founders and team From the SEC filings it signed: 1 on the team. - **Uma Valeti** Executive Officer, Director i On the board, as filed i *Heidi Roizen* *Jeff Housenbold* *Kyle Vogt* *Sebastien Pascual* *Tim Welsh* ## On 11 portfolio pages Investors who name them - [Dentsu Ventures](https://millionrounds.com/fund/dentsu-ventures) - [Stray Dog Capital](https://millionrounds.com/fund/stray-dog-capital) - [Future Ventures](https://millionrounds.com/fund/future-ventures) - [Unovis Asset Management](https://millionrounds.com/fund/unovis-asset-management) - [Joyance Partners](https://millionrounds.com/fund/joyance-partners) - [Lifely VC](https://millionrounds.com/fund/lifely-vc) - [Alwyn Capital](https://millionrounds.com/fund/alwyn-capital) - [PWV](https://millionrounds.com/fund/pwv) - [Good Startup](https://millionrounds.com/fund/good-startup) - [Preston-Werner Ventures](https://millionrounds.com/fund/preston-werner-ven) - [advisors.fund](https://millionrounds.com/fund/advisors-fund) Each firm lists UPSIDE Foods on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source. ## The company, in detail What they build Known for cultivated meat safety environmentally friendly meat consumers cultured seafood meat production facility lab-grown meat taste meat cultured poultry cell-based food production future-friendly meat manufacturing cell culture technology food technology culinary applications cultivated meat products cell growth monitoring Built with from their website Adobe Amazon SES Google Tag Manager Tableau WordPress.org Atlassian CallMiner Eureka Google Ads Flow MailChimp +8 more Google Workspace CloudFlare Viewport Meta Element UI Amazon Simple Email Service webpack Facebook SDK AWS Analytics - **Sector:** Food production - **Industry code:** NAICS 31111, 541714, 311999, SIC 2834 - **Region:** California - **Revenue:** $183M a year, as listed - **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/upside-foods) ## Food production in United States Startups like it - [**David** New York · founded 2023 *Raised*](https://millionrounds.com/company/david) - [**Plenty** South San Francisco · founded 2013 *Raised*](https://millionrounds.com/company/plenty) - [**Revol Greens** Medford · founded 2017 *Raised*](https://millionrounds.com/company/revol-greens) - [**BrightFarms** Irvington · founded 2011 *Raised*](https://millionrounds.com/company/brightfarms) - [**The Farmer's Dog** New York · founded 2014 *Raised*](https://millionrounds.com/company/the-farmer-s-dog) - [**wine.com** San Francisco · founded 1998 *Raised*](https://millionrounds.com/company/wine-com) - [**Gotham Greens** Brooklyn · founded 2009 *Raised*](https://millionrounds.com/company/gotham-greens) - [**Wildtype** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/wild-type) ## Is this your company? 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