NEW YORK — Food technology startup Tomorrow Farms has closed an $8.5 million seed round led by Lowercarbon Capital.
Founded in 2021, Tomorrow Farms is set to release its first products this summer. The company partners with food science companies to develop food and beverage brands that “make a difference for people, animals, and the planet,” said Ben Berman, chief executive officer and co-founder.
“We’re on the precipice of a complete paradigm shift in our food system, and that shift is necessary,” Mr. Berman said.
Tomorrow Farms is not Mr. Berman’s first food business. At the onset of the pandemic, Mr. Berman, then a graduate student, launched Good Pizza, a philanthropic venture that gained national attention on television and raised more than $100,000 for hunger relief in Philadelphia. Previously, he started a food truck, Mainely Burgers, focused on locally sourced, grass-fed beef.
The company plans to use the funding to expand its internal team, build retail relationships and create new partnerships.
“To feed 10 billion humans without burning up what’s left of our planet, we need food and drinks that are not just lower carbon, but also tastier, healthier and just plain cooler,” said Chris Sacca, co-founder of Lowercarbon Capital. “Tomorrow Farms is making delicious food that will turn even hardened fast-food junkies into unwitting hippies.”Additional investors in the seed round include Maveron, Valor Siren Ventures, Simple Food Ventures and SV Angel. Tomorrow Farms has raised a total of $10.5 million in funding to date.