Diligence memo · auto-generated · as of July 2, 2026
Plantible Foods Inc.
Plantible Foods Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Plantible Foods Inc. operates in Agtech / Foodtech, based in San Marcos.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Plantible Foods Inc. has raised $27M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $27M on 2021-08-13.
Most recent recorded round closed around 2021-08-13.
Valuation (modeled)modeled
Provath models Plantible Foods Inc. at approximately $235M (range $63M–$731M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.21× the median modeled value of Series B Agtech / Foodtech companies in 2019–2021 (16 peers) — value vs value, same stage and era. Within the normal band (121% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 35 months.
Last raise 4.9 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 53.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 91% of Agtech / Foodtech peers (481 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: Green Grass Foods Inc, Real Good Food Co LLC, Bellwether Coffee Co., Sprout Foods, Inc, Gathered Foods Corp.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.