Umiami in a €2.3M deal backed by Newfund, Kima Ventures and Verso Capital

Umiami, a Paris, France-based startup manufacturer of plant-based meat products, announced the completion of a €2.3M ($2.8M) capital funding round.

The money is a combination of €1.5 million ($1.8M) in equity raised from from Newfund (€400K), Kima Ventures (€100K) and 17 business angels, including Jérémy Rocher, serial entrepreneur and son of Yves Rocher (€100K), and of loans and grants provided by bpifrance (€500K), Société Générale and CIC.

Umiami, founded in 2020 by CEO Tristan Maurel, Martin Habfast, Sales Director, and Hugo Dupuis, developed a new, ground-breaking ‘texturing’ technology, called umisation, which allows them to create unprecedented products, such as plant-based cod and chicken filets.