FundedIQ
Food and Beverage

UPSIDE Foods: Funding, Investors & Team (Oct 2026)

UPSIDE Foods (formerly known as Memphis Meats) develops meat produced directly from animal cells without the need to raise and slaughter actual animals. This approach requires significantly less water, land, and energy than conventional meat production, enabling consumers to enjoy meat that is clean, humane, and free of harmful chemicals. Co-founded and led by Dr. Uma Valeti since 2015, UPSIDE Foods is headquartered in Berkeley, California.

www.upsidefoods.com LinkedIn Berkeley, United States 101-250 employees
Food and Beverage Food Processing Organic Food
Total raised
$400M
Rounds
2
Latest
Undisclosed round
Jun 2023

UPSIDE Foods has raised $400M across 2 funding rounds on record, the most recent an undisclosed round announced in Jun 2023.

UPSIDE Foods Company Profile and Key Stats

Total funding raised
$400M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Undisclosed round
Jun 2023
Employees
101-250
reported band
Headquarters
Berkeley, United States

Latest funding round on record: Jun 2023.

UPSIDE Foods Funding Rounds

Date
Round
Amount
Undisclosed round
Undisclosed
Series C
$400M

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

UPSIDE Foods raised $400M in a Series C announced in Apr 2022.

1.2 years later, an undisclosed round was announced in Jun 2023 with no disclosed amount.

UPSIDE Foods Founders and Leadership Team

Name
Role
Contact
Uma Valeti
Founder
Locked

Contact details for the UPSIDE Foods team: 1 of 1 has an email address on file.

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UPSIDE Foods Funding Compared to Other Food and Beverage Startups

Segment
Companies
Median round
30,234
$7.6M

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UPSIDE Foods Funding FAQs

What does UPSIDE Foods do?

UPSIDE Foods (formerly known as Memphis Meats) develops meat produced directly from animal cells without the need to raise and slaughter actual animals. This approach requires significantly less water, land, and energy than conventional meat production, enabling consumers to enjoy meat that is clean, humane, and free of harmful chemicals. Co-founded and led by Dr. Uma Valeti since 2015, UPSIDE Foods is headquartered in Berkeley, California.

How much funding has UPSIDE Foods raised?

UPSIDE Foods has raised $400M across 2 rounds on record.

When did UPSIDE Foods last raise funding?

UPSIDE Foods' most recent funding round on record was announced in Jun 2023. The amount was not disclosed.

Who founded UPSIDE Foods?

FundedIQ lists Uma Valeti (Founder) at UPSIDE Foods.

Where is UPSIDE Foods headquartered?

UPSIDE Foods is based in Berkeley, California, United States.

How many employees does UPSIDE Foods have?

UPSIDE Foods is in the 101-250 employee band.

About FundedIQ's UPSIDE Foods Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for UPSIDE Foods is left off this page rather than filled in.

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