The Paris Technology team advised Umiami, a French foodtech startup specializing in 100% plant-based poultry fillets, on its €26.5 million Series A financing.
The fundraising was led by Astanor Ventures, with the support from Redalpine and French Partners. Existing shareholders also participated in the round, including VERSO Capital, Newfund and BPI France’s French Tech Seed Fund, the French government’s public venture investing arm. The objective of the fundraising is for the French foodtech to expand internationally.
Umiami is a FoodTech specialising in a proprietary texturing technology, umisation, for plant-based meats and fish applications. The firm develops and produces delicious and clean label plant-based chicken breasts, cod fillets and chicken nuggets. Umiami is based in Ile-de-France and partners with brands from all over the world to flood the market with products that are better than meat, in all respects.