Bengaluru-based food-tech startup High Time Foods has secured $1.2 million in a funding round led by early-stage investment firm Avaana Capital, along with participation from existing angel investors.
The fresh capital will be channeled towards product development, expanding the team, and scaling partnerships across India, the US, and emerging markets in the Global South.
Founded in 2022 by Aakash Shah and Damian Felchlin, High Time Foods is committed to creating non-refrigerated, plant-based protein products, specifically aimed at tackling protein deficiency in regions that lack cold chain infrastructure.
Initially based in the US, the company has now shifted its headquarters to India post-funding.
India is projected to contribute 25% of the business, while international markets are expected to account for the remaining 75%.
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Currently, High Time Foods is already serving over 30 B2B clients, including food manufacturers, educational institutions, and dining facilities.
The startup now aims to onboard at least 50 B2B partners in India by the end of 2025, with a key focus on the Horeca segment and food manufacturing space.
Looking ahead, the startup is also testing its products in West Africa in collaboration with a major food distributor, as part of its expansion plans across Africa.