Kingdom Supercultures Lands $25M Series A
2021-10-05
NEW YORK, NY, Kingdom Supercultures today announced a $25 million Series A funding round led by Shine Capital.
Kingdom Supercultures, a biodesign company that specializes in developing natural microbial cultures - which it calls "Supercultures" - today announced a $25 million Series A funding round led by Shine Capital. This follows a $3.5M seed round with participation from Sequoia, Y-Combinator, Lakehouse Ventures, and Brand Foundry Ventures in 2020. As the plant-based food market shows no signs of slowing down, and more established food companies continue to enter the ring, the investment will enable Kingdom to expand its portfolio of Superculture ingredients that power products with unmatched flavors, textures, and functionalities in the plant-based and natural consumer goods categories.
In addition to Shine Capital, this funding round was supported by Valor, Tao, Lux, SALT, Reference, Digitalis, and existing investors - along with recognized names in the future of food, including the founders of Daring Foods, Good Culture, Hungryroot, RXBAR, Waterloo and many others.
Kingdom Supercultures is a biotech company harnessing natural microbial cultures to transform the consumer packaged goods industry. Kingdom designs and supplies a new class of natural ingredients ("Supercultures") that make it easy for food, beverage, and personal care manufacturers to create exciting products that are healthier and more sustainable. These Supercultures are composed entirely of microbial strains found naturally in food, which Kingdom rearranges into new combinations with exciting new functionalities. Manufacturers then use these Supercultures to create plant-based yogurts and cheeses that taste like dairy, lower-alcohol wines and beers with full flavor, and personal care products without artificial chemicals. For the last hundred years, consumer goods manufacturers have relied on chemistry for new ingredients, while current innovation has primarily focused on genetically-modified microbes. Kingdom's vision is to replace artificial chemicals and GMOs with natural Supercultures as the backbone of the modern CPG industry.
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