What is Intake?
Founded in 2013 by Seoul National University alumni, Intake Co., Ltd. is a privately held food technology company headquartered in Seoul, South Korea. The company is dedicated to developing sustainable nutrition solutions, focusing on plant-based alternatives to meat, eggs, and sugar. Intake's ambitious goal is to replace 30% of Korea's food resources by 2030 through its innovative product lines, including the alternative protein brand Innocent and the zero-calorie sweetener brand Sugarolo. With robust in-house research and development and manufacturing capabilities, Intake is positioned as a key player in the evolving food and beverage industry.
How much funding has Intake raised?
Intake has raised a total of $11.7M across 2 funding rounds:
Series A
$2.5M
Series C
$9.2M
Series A (2021): $2.5M, investors not publicly disclosed
Series C (2025): $9.2M led by CJ Investment, Korea Development Bank, HB Investments, and Woori Vp Us
Key Investors in Intake
CJ Investment
CJ Investment is a venture capital firm that actively seeks promising companies with high growth potential to disrupt industries, supporting their growth and stabilization. As the investment arm of CJ group, it leverages group-wide resources to aid its investment targets.
Korea Development Bank
Korea Development Bank is a state-owned policy development bank in South Korea, established to finance and manage major industrial projects. It plays a crucial role in fostering the growth and competitiveness of strategic industries and supports corporate restructuring.
HB Investments
HB Investments is the private investment office of the Huda Beauty founders, focusing on building global consumer brands. They partner with entrepreneurs to create digitally-enabled brands through strategic investments and co-creation, supporting companies across various sectors.
What's next for Intake?
With a major enterprise-level funding injection and a recent strategic investment, Intake is poised for significant expansion and market penetration. The company's clear trajectory, marked by progressive funding rounds and a planned KOSDAQ IPO in 2024, signals strong investor confidence and a strategic vision for growth. This capital infusion is expected to fuel further innovation in sustainable food alternatives, enhance manufacturing capacity, and broaden market reach, both domestically and potentially internationally. Intake's focus on R&D and its commitment to replacing traditional food resources position it for continued success in the competitive food tech landscape.
See full Intake company page
