Companies · Agtech / Foodtech
OAKLAND · Agtech / Foodtech · refined from filed group “Other Technology”
Diligence memoA one-page analyst read on Voyage Foods Inc. — recommendation, valuation, rhythm, risks.→Voyage Foods Inc. looks under-valued against its niche peers and is active on financing cadence.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the agriculture sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
No named principal in this company's public records yet — see all operators below.
Explore how these operators interlock with other companies in the operator network.
Voyage Foods Inc. is one of 481 Agtech / Foodtech companies tracked from OAKLAND. By capital raised it ranks among the largest (ahead of 97% of sector peers), and mid-pack by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
As reported in public records reported — not modeled.
Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.
The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.
Round size and date are reported; the stage label is inferred from round size (latest is Series B — a $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the agriculture sector profile. Directional, not a quoted figure.
Benchmarked against 481 companies in Agtech / Foodtech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.
Raised more than 97% of sector peers (real $). Modeled value above 62% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #6 of 6.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Agrify Corp | Series B | $118.3M | $130.9M | 1.97× |
| Kernel Foods, Inc. | Series B | $57.4M | $122.0M | 1.84× |
| V2 Food Pty Ltd | Series B | $16.6M | $70.1M | 1.06× |
| Nara Organics, Inc. | Series B | $45.8M | $62.4M | 0.94× |
| Mend Nutrition Inc. | Series B | $39.7M | $37.7M | 0.57× |
| Voyage Foods Inc. this company | Series B | $68.3M | $12.8M | 0.19× |
Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Series A | $5.6M | 2021-02-03 | $25.2M | $47.3M | 90% |
| Series B | $36.0M | 2022-02-18 | $200.0M | $286.7M | 90% |
| Series B | $22.0M | 2023-12-19 | $122.1M | $124.8M | 90% |
| Series B | $23.5M | 2023-12-19 | $130.5M | $133.3M | 90% |
| Series B | $3.3M | 2025-12-05 | $18.1M | $12.8M | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.
Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Jonathan Shulkin | — | 16 other | 2022-02 |
| Stephen George | — | 6 other | 2023-12 |
| Peter Rahal | — | 5 other | 2022-02 |
| James Stewart | — | 4 other | 2023-12 |
| Alec Lee | — | 1 other | 2021-02 |
| Ho Ching Ho | — | 1 other | 2022-02 |
| Adam Maxwell | — | — | 2021-02 |
| Gary Wu | — | — | 2023-12 |
Voyage Foods Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Ava Food Labs, Inc. | Agtech / Foodtech | Series C | $84.7M | $614.0M | network2 shared operators · same sector |
| Cumulus Coffee Co | Agtech / Foodtech | Series B | $33.1M | $70.3M | network1 shared operator · same sector · same stage |
| Agrivida Inc | Agtech / Foodtech | Series B | $56.1M | $42.2M | same sector · same stage |
| Apollo Agriculture, Inc. | Agtech / Foodtech | Series B | $52.0M | $40.4M | same sector · same stage |
| Bicycle Health Inc. | Healthtech | Series B | $61.4M | $492.6M | network1 shared operator · same stage |
| Roti Restaurants Inc. | Restaurants | Series B | $58.0M | $63.0M | network1 shared operator · same stage |
| Mend Nutrition Inc. | Agtech / Foodtech | Series B | $39.7M | $37.7M | same sector · same stage |
| Seattle Food Tech, Inc. | Agtech / Foodtech | Series B | $35.6M | $11.9M | same sector · same stage |
Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Galley Foods Inc. | Agtech / Foodtech | Pre-Seed | $14.0M | 88% |
| Territory Foods, Inc. | Agtech / Foodtech | Series A | $13.9M | 87% |
| Ando Food, Inc. | Agtech / Foodtech | Series A | $102.4M | 86% |
| AgroSpheres, Inc. | Agtech / Foodtech | Series B | $45.9M | 86% |
| Better Foods Inc. | Agtech / Foodtech | Seed | $6.1M | 85% |
| Agrisight Inc. | Agtech / Foodtech | Series B | $172.4M | 85% |
| Vitro Foods Inc. | Agtech / Foodtech | Pre-Seed | $3.8M | 85% |
| Maestro Food Co. | Agtech / Foodtech | Seed | $44.7M | 85% |
See where Voyage Foods Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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