Float Foods - About the company
Float Foods is a seed company based in Singapore (Singapore), founded in 2020 by Vinita Choolani. It operates as a Platform offering plant-based egg substitute food products. Float Foods has raised $1.66M in funding from DSG Consumer Partners and Insignia Ventures Partners.
Company Details
Platform offering plant-based egg substitute food products. The company developed "OnlyEg" a plant-based substitute for chicken eggs. It's been developed with proprietary technology with in-house research & development offering legumes-based substitutes for both egg yolk and egg white.
- Website
- www.floatfoods.com/
- Email ID
- *****@floatfoods.com
- Registered Address
- NORTH BRIDGE ROAD, Singapore, 188778
Key Metrics
Founded Year
2020
Location
Singapore, Singapore
Stage
Seed
Total Funding
$1.66M in 2 rounds
Latest Funding Round
Investors
Ranked
2nd among 2 active competitors
Annual Revenue
SGD 0 - 1M as on Jul 31, 2023
Employee Count
3 as on Sep 30, 2026
Legal entities associated with Float Foods
Float Foods is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
FLOAT FOODS PTE. LTD. UEN: 200506237W , Singapore, Active | May 06, 2005 | SGD 0 - 1M (As on Jul 31, 2023) | - |
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Float Foods's funding and investors
Float Foods has raised a total funding of $1.66M over 2 rounds. Its first funding round was on Mar 15, 2021. Its latest funding round was a Seed round on Jun 08, 2021 for $*****. 8 investors participated in its latest round. Float Foods has 10 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Float Foods:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 08, 2021 | 6609445 | Seed | 4590518 | 9807295 | 8198668 | 4673156 |
Mar 15, 2021 | 2525651 | Grant (prize money) | 8933272 | 5939068 | 9149054 |
View details of Float Foods's funding rounds and investors
Float Foods' founders and board of directors
Founder? Claim ProfileThe founders of Float Foods is Vinita Choolani. Vinita Choolani is the CEO of Float Foods.
Here are the details of Float Foods' key team members:
- Vinita Choolani: Founder & CEO of Float Foods. They serve on the board of 1 company.
Float Foods' Board of Directors
Float Foods's board has 1 active member. Vinita Choolani is part of team.Here is the list of Float Foods' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 21y 5m | |
fppqqsr | Independent board member | - | Past | 9y 7m |
View details of Float Foods's Founder profiles and Board Members
Float Foods' employee count trend
Float Foods has 3 employees as of Sep 26. Here is Float Foods's employee count trend over the years:
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Float Foods's Competitors and alternates
Top competitors of Float Foods include JUST Egg. Here is the list of Top 10 competitors of Float Foods, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | JUST Egg 2011, San Francisco (United States), Series F | Manufacturer of plant-based egg substitutes | $446M | 69/100 | |
2nd | Float Foods 2020, Singapore (Singapore), Seed | Platform offering plant-based egg substitute food products | $1.66M | 38/100 |
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Float Foods's Investments and acquisitions
Float Foods has made no investments or acquisitions yet.
Reports related to Float Foods
Here is the latest report on Float Foods's sector:
News related to Float Foods
•
Singapore’s Float Foods banks US$1.7M for its plant-based egg substitutee27•Jun 11, 2021•Float Foods, Insignia Ventures Partners, DSG Consumer Partners, Teja Ventures and 6 others
•
Foodtech startup Float Foods raises S$2.2m in seed fundingThe Business Times•Jun 08, 2021•Float Foods, Insignia Ventures Partners, DSG Consumer Partners, Apricot Capital and 5 others
•
Plant-based whole egg startup Float Foods gets Temasek grantAgFunderNews•Mar 15, 2021•Float Foods, Temasekfoundation, Temasek
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