Check out the 9-page pitch deck animal-free, egg protein startup EVERY used to raise $175 million in just 4 months
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- EVERY announced this month that it raised $175 million for a Series C round.
- The funding round was co-led by new investor McWin and existing backer Rage Capital.
- The startup plans to use the round to scale production and distribute its products nationwide.
EVERY is a food-tech startup that develops a lab-based, animal-free protein that can be put into every day beverages, marketed towards people looking to include healthy proteins in their diet.
The company recently announced it raised $175 million, bringing its total funding to date to $233 million. The round took around four months to raise, said EVERY founder and CEO Arturo Elizondo.
Since the company’s $40 million Series B round in 2019, EVERY’s products have gained FDA approval. For Elizondo, gaining that coveted FDA approval was a critical step to its Series C round.
With the new capital, Elizondo expects that it will allow the company to move on from being research and development focused to scaling production and getting products across the country.
Elizondo credits the success of the raise to his decision to develop “scalable technology and taking the time to prove that it works.”
Here’s a look at the pitch deck EVERY used to convince investors like McWin, Rage Capital, Temasek and others: