High Time Foods, a food-tech startup specializing in non-refrigerated, plant-based protein products, has successfully raised $1.2 million in a funding round led by early-stage investment firm Avaana Capital. The funding round also saw participation from existing angel investors.
Funding Details and Future Plans
The funds raised will be utilized to drive product development, recruit talent, and expand partnerships across India, the United States, and emerging markets in the Global South. According to the company, the primary focus is on establishing a strong business presence in India. This involves hiring individuals with sales and culinary backgrounds, as well as continuously developing new products to meet market demands.
About High Time Foods
High Time Foods is making significant strides in the food-tech industry with its innovative approach to plant-based protein products. The company’s commitment to non-refrigerated products is expected to revolutionize the way people consume protein-rich foods.
The funding comes at a time when the demand for plant-based products is on the rise globally. With the support of Avaana Capital and existing angel investors, High Time Foods is poised to make a significant impact in the food-tech sector.
Expansion Plans
The company plans to expand its operations across multiple regions, including India, the US, and other emerging markets. This expansion is expected to not only boost the company’s revenue but also create new job opportunities in the food-tech industry.
