What is Off Foods?
Founded in August 2021, Off Foods is at the forefront of Indonesia's plant-based food revolution. The company is dedicated to developing and distributing innovative meat alternatives, catering to a growing consumer demand for sustainable and ethical food choices. Its strategic location in Jakarta positions it to capitalize on the expanding Southeast Asian market for plant-based products.
How much funding has Off Foods raised?
Off Foods has raised a total of $1.7M across 1 funding round:
Angel/Seed
$1.7M
Angel/Seed (2022): $1.7M with participation from Global Founders Capital and Alpha JWC Ventures
Key Investors in Off Foods
Global Founders Capital
Global Founders Capital is a global early-stage investor that empowers gifted entrepreneurs by backing them from pre-seed to IPO. With a track record of supporting over five hundred entrepreneurs worldwide, including notable companies like Facebook and LinkedIn, GFC focuses on category-defining ventures. The firm provides operational support through its platform, assisting founders at all stages of growth. GFC is committed to supporting founders in all geographies, ensuring they have the resources needed to scale their businesses.
Alpha JWC Ventures
Alpha JWC Ventures is a Southeast Asian early-to-growth stage venture capital firm founded in Indonesia in 2015. The company focuses on building trusted, lasting partnerships with founders, supporting them through challenges and successes. They aim to empower ambitious impact makers who seek to create positive change in the world. Their initiatives include programs like iGnite, which nurtures the next generation of passionate and driven founders.
What's next for Off Foods?
The recent major strategic investment signals a pivotal growth phase for Off Foods. This financing is expected to fuel product development, expand market reach, and enhance operational capabilities. As the company scales, it is poised to solidify its position as a key player in the regional and potentially global plant-based food industry, leveraging this capital to drive further innovation and market penetration.
See full Off Foods company page
