UK plant-based start-up Tiba Tempeh has closed a GBP500k seed round to accelerate its growth as it prepares for listings with major UK supermarkets and international expansion.
The funding will be used to launch new product innovation, grow the team, and support marketing efforts to drive consumer awareness and trial of tempeh. The investment round was taken by Lever VC, a leading global investor in the alternative protein category whose partners are investors in Beyond Meat, Impossible Foods, THIS, and many other category leaders.
Tiba Tempeh was founded in 2019 by Alex and Ross Longton, food industry veterans with 30 years of experience in senior sales and marketing positions at Kraft Heinz and other food industry leaders.
