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- Aleph Farms
Aleph Farms Funding, Investors & Competitors
Aleph Farms has raised $148M across 4 funding rounds, most recently a $29M Series C in March 2025.
Last Aleph Farms funding round
$29M
Series C · Mar 2025
Cumulative funding Aleph Farms raised
$148M
across 4 funding rounds
Key investors in Aleph Farms
Peregrine Ventures
New Crop Capital
L Catterton
CPT Capital
Cargill
Unovis Asset Management
The Kitchen FoodTech Hub
Clay Capital
About Aleph Farms
Aleph Farms is a Rehovot, Israel-based foodtech company founded in 2017 pioneering cellular agriculture. It produces cultivated beef steaks, including the world's first thin-cut steak in 2018, ribeye in 2021, and collagen in 2022. Under the Aleph Cuts brand, it prepares to launch Petit Steak from Angus cow cells. The firm committed to net zero emissions in 2020, earning recognition from the World Economic Forum and United Nations.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Sectors
Aleph Farms Funding History
Aleph Farms has raised a total of $148M across 4 funding rounds.
Aleph Farms' first fundraising round was a $2M seed round in January 2017. The most recent completed round was a $29M Series C in March 2025.
Aleph Farms funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2025 | Series C | Peregrine Ventures | $29M | Aleph Farms is an Israeli cultivated meat company that grows steaks directly from non-genetically modified animal cells. The company has developed technology to produce whole-cut beef steaks and has modified its core technology to enable whole cuts with fewer production steps at lower cost. In early 2025, Aleph Farms raised $29 million comprising $22 million through a SAFE that converted and $7 million from existing investors in the first closing of an ongoing round that began in 2024. This funding follows a bridge investment secured in 2023 and represents the company's efforts to scale production at its pilot facility in Israel and establish intermediate-scale facilities in Europe and Asia. The capital will enable the company to launch its first cultivated beef steak through an optimized production process and work toward breakeven and profitability. CEO Didier Toubia stated the company does not disclose its valuation but acknowledged the sector is undergoing correction with fundraising terms adjusting to 2025 market conditions. The company has successfully addressed major challenges in cultivated meat including regulation, product-market fit, profitability, and scalability, and plans to collaborate with chef Eyal Shani for restaurant launches of the world's first cultured beef steak. |
| Jul 2021 | Series B | DisruptAD (lead); L Catterton (lead) | $105M | Aleph Farms is an Israeli cultivated meat company that grows steaks directly from non-genetically modified animal cells, positioning itself in the nascent cell-based meat industry with a focus on premium whole-cut beef products rather than processed chicken alternatives. The company completed a $105 million Series B funding round on July 7, 2021, led by the Growth Fund of L Catterton, a US-French consumer-focused private equity firm with over $30 billion in equity capital, and DisruptAD, the venture capital arm of Abu Dhabi's ADQ holding company. Additional investors in the round included international food giants Thai Union, BRF, and CJ CheilJedang, alongside new investor Skyviews Life Science and existing backers Strauss Group, Cargill, VisVires New Protein, Peregrine Ventures, and CPT Capital. As part of the investment, Aleph Farms committed to evaluating the establishment of a manufacturing facility in Abu Dhabi to supply cultivated meat products across the UAE and the broader GCC region, aligning with Abu Dhabi's long-term focus on food resilience. The company had achieved significant progress in its production efficiency, with reported cost reductions of 97 percent since 2020 and targeted production costs of $14 per pound at intermediate scale (2,000-5,000 liter) and $6-7 per pound at large-scale production, enabling near cost-parity for premium products at scale. Prior to this Series B round, Aleph Farms had raised $29 million in additional funding and held backing from major institutional investors, positioning it as one of the better-funded players in the cultivated meat sector at that time. |
| May 2019 | Series A | Clay Capital (lead); CPT Capital; New Crop Capital; Jesselson Capital; Cargill; Technion Seed; M-Industry; Strauss Group; Peregrine Ventures; Unovis Asset Management | $12M | - |
| Jan 2017 | Seed | The Kitchen FoodTech Hub; New Crop Capital | $2M | - |
Who has invested in Aleph Farms?
13 investors have backed Aleph Farms across its funding rounds, including Peregrine Ventures, New Crop Capital, L Catterton, CPT Capital, Cargill and Unovis Asset Management.
Lead investors include DisruptAD, L Catterton and Clay Capital.
Aleph Farms Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Jan 2017 | ||
| 2 | Participant | May 2019 | ||
| 1 | Participant | Jan 2017 | ||
| 1 | Participant | May 2019 | ||
| 1 | Participant | May 2019 | ||
| 1 | Participant | May 2019 | ||
| 1 | Lead | Jul 2021 | ||
| 1 | Participant | May 2019 | ||
| 1 | Lead | May 2019 | ||
| 1 | Participant | May 2019 | ||
| 1 | Lead | Jul 2021 | ||
This data is available for Pro users. Sign up to see all 13 Aleph Farms investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAleph Farms Competitors
Aleph Farms competitors include listed companies like Hebei Yangyuan Zhihui and Ingredion, and private ones like Impossible Foods, Picnic, Nature's Fynd and Believer Meats.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $796M | $254M | $8.1B | 8.4x | ||
| Private | $460M | - | $7B | 15.2x | ||
| Publicly listed | $7.2B | $1.2B | $6.2B | 1.0x | ||
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $900M | - |
Aleph Farms Public Comps
Aleph Farms is still privately-owned, but its public comps include Coca-Cola, Nestlé, PepsiCo, AB InBev, Unilever, Monster Beverage, Mondelez, Nongfu Spring, Hindustan Unilever and Coca-Cola Europacific Partners.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $48B | $18B | 8.5x | 8.3x | 22.8x | 24.1x | |||
| $109B | $19B | 2.9x | 2.8x | 16.2x | 14.4x | |||
| $94B | $16B | 2.4x | 2.3x | 14.5x | 11.8x | |||
| $59B | $20B | 3.9x | 3.6x | 11.7x | 10.0x | |||
| $58B | $12B | 2.9x | 2.8x | 13.6x | 12.4x | |||
| $8.3B | $2.5B | 10.1x | 9.0x | 33.3x | 28.9x | |||
| $39B | $4.7B | 2.6x | 2.5x | 21.4x | 14.9x | |||
| $7.8B | $3.5B | 6.9x | 6.3x | 15.2x | 14.0x | |||
This data is available for Pro users. Sign up to see all Aleph Farms competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Aleph Farms
| When was Aleph Farms founded? | Aleph Farms was founded in 2017. |
| Where is Aleph Farms headquartered? | Aleph Farms is headquartered in Rehovot, Israel. |
| Is Aleph Farms publicly listed? | No, Aleph Farms is a private, VC-backed company. |
| How much funding has Aleph Farms raised? | Aleph Farms has raised $148M across 4 funding rounds. |
| What was Aleph Farms' last funding round? | Aleph Farms' last funding round was a $29M Series C in March 2025. |
| Who are Aleph Farms' investors? | Aleph Farms' investors include New Crop Capital, Peregrine Ventures, The Kitchen FoodTech Hub, CPT Capital, Jesselson Capital, Cargill, L Catterton, Technion Seed, Clay Capital, M-Industry and 3 others. |
| Which companies are comparable to Aleph Farms? | Companies comparable to Aleph Farms include Hebei Yangyuan Zhihui, Impossible Foods, Ingredion, Picnic, Nature's Fynd and Believer Meats. |
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