Regrained

Regrained

Food Upcycling Technology, Ingredient Platform and Packaged Foods Innovator

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Security Type
Preferred Stock
Categories
Food & Bev
Min Investment
$250
Location
Berkeley, CA
Offering Date
July 30, 2020
Expected Close Date
November 06, 2020
Target Raise
$50.00K-$535.00K
Deal Notes

Price per Share: $4.00

Company Description

ReGrained is food technology company and ingredient platform helping to lead the upcycled food revolution. Our mission is to help the world do more with less and to improve the health of people and planet. By Upcycling, we can all do our part to reduce waste, eliminate food insecurity and conserve our limited resources.

We identify healthy food that is overlooked in the manufacturing process, and rescue it, in-line, using our patented technology to create delicious, versatile, “better for you” ingredients and our own branded products. 

It all started with recovering the billions of pounds of brewer’s grain, but our vision extends to other ingredients conventionally considered byproducts, like oats and juice pulp, currently going to animal feed, compost, or landfill.

The ReGrained platform uniquely creates new foods from crops that have already been cultivated, harvested, and “used.” This is truly found food—meaning that all the cultivation, production costs and impact have already been absorbed, yielding more from less.

Key Deal Facts

Our patented tech reduces food waste, unlocks innovation, and generates profit across F&B sectors
Invest alongside key strategic players: MolsonCoors (leading round), Griffith Foods, & Barilla
Proven model validated by strategic investors who provide support beyond capital
Upcycled Food Market valued at $47B, with strong consumer trends accelerating growth
CPG success builds market, but long-term upside driven by tech platform & strategic relationships
Active partnership development moving forward with 60+ companies across 20+ F&B sectors
Founder has given TED Talk, awarded Forbes 30 Under 30, co-founded Upcycled Food Association
Mission Driven: Certified B. Corp, 1% For The Planet, Sustainable Packaging Collaborative

Use of Proceeds

$50,000

95% -- Funds will be primarily used for Plant Commercialization, which entails getting our new facility in Berkeley up and running. We will also allocate funds to Ingredient R&D, which includes work with SuperGrain+ in addition to new streams. Ingredient Commercialization, which entails expanding our ingredient portfolio beyond SuperGrain+, and creating further value-added products such as crispies.  5% -- Wefunder intermediary fees

$535,000

95% -- Funds will be primarily used for Plant Commercialization, which entails getting our new facility in Berkeley up and running. We will also allocate funds to Ingredient R&D, which includes work with SuperGrain+ in addition to new streams. Ingredient Commercialization, which entails expanding our ingredient portfolio beyond SuperGrain+, and creating further value-added products such as crispies.  5% -- Wefunder intermediary fees

Management Team / Advisory Board Bios

Dan Kurzrock
CEO & Co-Founder
Forbes 30 under 30: Food and Beverage. Upcycled Food Association Executive Board Officer. Naturally Bay Area Advisory Board.

Dalton Allen
COO & CFO
Entrepreneur, operator & venture capital investor with 30+ years’ experience growing businesses in the food and technology industries.

Rahul Goyal
Chief Strategy Officer, Molson Coors (Advisory)
Strategic Planning & M&A, led large teams while based in (US, UK, India), deep business transformation, technology, operations, supply chain and new business development expertise.

Jordan Schwartz
Co-Founder
Forbes 30 under 30: Food and Beverage. Co-Founded ReGrained, with a focus on innovation and operations.

Micah Goldman
Director of Sales
Team lead for our CPG business development organization. Micah is an accomplished Sales Director and Business Development professional in the CPG industry for dozens of brands.

John Gross
Digital Marketing Director
Owner of Fat Earth Agency. Accomplished eCommerce executive for better for you & the planet food and beverage direct to consumer brands.

Philip Saneski
VP of Product
Chef and product developer specializing in food waste innovation.

Deal Notes

Price per Share: $4.00

Amount Raised : $744,228
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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