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Food + Ag Tech Success Story

Griffith Foods Invests $2.5MM in Ingredients Recycling Startup ReGrained
to Expand Product Portfolio

Innovation Fueled by: TERRA, The Food + Ag Tech Accelerator

Industry Trend: Consumer Demands for Healthier Food Options


Consumers are increasingly preferring healthy and environmentally conscious foods due to increasing concerns about individual health and protection of the planet against depletion from factors such as climate change, overfarming, and more.

Griffith Food's Challenge

Griffith Foods, a leader in manufacturing food ingredients, had a limited portfolio in its healthy and environmentally conscious offerings, and therefore had few opportunities to meet this consumer demand and grow topline revenue.

RocketSpace Solution

RocketSpace partnered with Griffith Foods to explore business opportunities within emerging food tech, specifically with differentiated, environmentally conscious products that are nutritious without sacrificing taste.

ReGrained Partnership

Through the TERRA Accelerator, RocketSpace identified and recommended ReGrained, whose technology allows them to upcycle grain into a super-grain flour.

This food technology met Griffith Foods' sustainability initiative and solved for finding new, healthy, and cost efficient ingredients.

Results: Griffith Foods + ReGrained

The TERRA Accelerator enabled Griffith Foods to expand their product portfolio to drive topline revenue.

ReGrained’s technology provides Griffith Foods with a competitive advantage to utilize an exclusive ingredient that also provides cost savings and meets environmental and health standards.

Engagement Duration

0

MONTHS

  • "The strategic partnership between Griffith Foods and ReGrained offers an opportunity to work together and find new ways to nourish the world...It is imperative for food companies to create innovative solutions that safely and sustainably feed our growing communities."

    Brian Griffith — Executive Chairman, Griffith Foods

In the News: Partnership Media

Food Business News

ReGrained Closes on $2.5 Million Financing Round Led by Griffith Foods

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Forbes

ReGrained: Brewing Up A Tasty Use For Beer-Making Byproducts

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Cision

ReGrained Closes $2.5M Strategic Financing Round Led by Griffith Foods

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RocketSpace

Corporate Innovation Services

 

ReGrained Investment Expands Griffith Foods' Portfolio and Crystallizes Their Commitment to Sustainability

 

"Our Purpose is to better align the food we eat with the planet we love. Our Edible Upcycling model changes the way we value food and the resources that support all life. We could not ask for a more mission-aligned partner that directly supports our strategic goals than Griffith Foods.

Griffith shares our authentic commitment to making the world a better place through food. Our strategic partnership will dramatically accelerate our ability to mitigate food waste and promote edible upcycling. We look forward to many years of 'Creating Better Together.'"

regrained ceo
Daniel Kurzrock, CEO + Co-Founder, ReGrained