Diligence memo · auto-generated · as of July 2, 2026
The Food Lab
The Food Lab looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
The Food Lab operates in Agtech / Foodtech, based in Africa. Egyptian cloud kitchen startup The Food Lab raises $4.5m pre-seed round 0 By Tom Jackson on April 21, 2022 News , North Africa Egyptian startup The Food Lab, a cloud kitchen platform that provides services like procurement, cooking, delivery, data-led insights and recommendations, and marketing for
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
The Food Lab has raised $4.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $4.5M on 2022-04-21.
Most recent recorded round closed around 2022-04-21.
Valuation (modeled)modeled
Provath models The Food Lab at approximately $34M (range $2.8M–$224M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 27.72× the median modeled value of Pre-Seed Agtech / Foodtech companies in 2022–2024 (36 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 4.2 yr ago; this sector typically re-raises about every 14 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 65% of Agtech / Foodtech peers (481 compared).
Modeled value ranks above 76% of those peers.
Closest niche peers: USRC Dairy Ashford, LLC, KA Foods, LLC, Quirk Artisan Foods, LLC, Allibelle Foods, Inc., Automated Coffee Shop, Inc.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.