Dao Foods International, Inc. is a cross-border impact venture established to introduce plant-based and clean meat in China. With rapidly rising incomes and increasing meat consumption in China, our aim is to introduce alternative products into the China market to reduce the consumer demand for animal products from the traditional livestock industry, which has had growing negative environmental, food safety and health impact.
Dao Foods was founded by experienced impact investors and social entrepreneurs Tao Zhang and Albert Tseng, representing Dao Ventures and Moonspire Social Ventures, respectively, in collaboration with New Crop Capital, a Dao Foods founding investor and specialized private venture capital fund. Dao Ventures has supported more than 1,000 Chinese and international SMEs and made and facilitated over US$200M in impact investments. New Crop Capital has made investments in over 30 of the most innovative companies in the alternative protein space worldwide.
With the value proposition of significantly reducing carbon emissions and ensuring food-related health and safety, plant-based and clean meat are part of a macrotrend in alternative proteins that has attracted the attention and investment dollars of business tycoons such as Bill Gates, Richard Branson, Sergey Brin and Li Ka-shing, as well as traditional meat companies such as Cargill and Tyson Foods.
Dao Foods was founded by experienced impact investors and social entrepreneurs Tao Zhang and Albert Tseng, representing Dao Ventures and Moonspire Social Ventures, respectively, in collaboration with New Crop Capital, a Dao Foods founding investor and specialized private venture capital fund. Dao Ventures has supported more than 1,000 Chinese and international SMEs and made and facilitated over US$200M in impact investments. New Crop Capital has made investments in over 30 of the most innovative companies in the alternative protein space worldwide.
With the value proposition of significantly reducing carbon emissions and ensuring food-related health and safety, plant-based and clean meat are part of a macrotrend in alternative proteins that has attracted the attention and investment dollars of business tycoons such as Bill Gates, Richard Branson, Sergey Brin and Li Ka-shing, as well as traditional meat companies such as Cargill and Tyson Foods.
Location: China
Founded date: 2018
Investors 2
| Date | Name | Website |
| - | Unovis Par... | unovis.vc/ |
| - | Dao Ventur... | daoventure... |
Mentions in press and media 33
| Date | Title | Description |
| 14.11.2024 | China’s Songxianxian Achieves Sales of Over $68M With Stealthily Plant-Based Condiments | Chinese company Songxianxian has seen huge success with its plant-based condiments, reaching annual sales of almost $68.5 million in 2023. But the brand’s remarkable growth may be attributable to a surprising strategy — not marketing its pr... |
| 13.06.2024 | Chinese Consumers Are Open to Plant-Based Diets When Aware of Health Benefits | A new study by ProVeg International, “Plant-based eating in China: attitudes and opportunities,” found that nearly all Chinese consumers (98%) are willing to eat more plant-based foods after learning about their health benefits. The Kantar ... |
| 12.06.2024 | 1 Week to Go: Check who will be and what will happen at Hi & Fi Asia-China 2024 | SHANGHAI, June 12, 2024 /PRNewswire/ -- The 25th edition of the Hi & Fi Asia-China is set to be the industry's premier showcase for the latest advancements in natural, functional, and sustainable food ingredients. Taking place from 19-2... |
| 27.02.2024 | Chinese Alt Protein Sector Could See “Pivotal Chapter” in 2024 | This article was compiled with insights from Rouyu Wu, Director of Innovation and Investment at Dao Foods. 2024 looks set to be a pivotal year for the Chinese alt protein sector, with companies facing a combination of challenges and opportu... |
| 16.11.2023 | Data snapshot: APAC alt protein investment trends… Transitioning from CPG to picks and shovels | Data snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts ab... |
| 07.11.2023 | Scale can transform the unit economics of precision fermentation, but it’s ‘not the most powerful lever,’ says Synonym | Larger fermentation vessels and the resulting economies of scale will drive down the cost of precision fermentation. But technical advances that improve titer, productivity, and yield will be “more powerful levers” to unlocking the potentia... |
| 07.11.2023 | 🎥 What is the market opportunity in China for meat and dairy alternatives? | With Beyond Meat mulling a restructure of its operations in China due to lackluster demand, what is the market opportunity in China for meat and dairy alternatives? When it comes to plant-based meat, Matilda Ho, managing director at Chinese... |
| 06.11.2023 | 🎥 What makes a great pitch? What raises alarm bells? Agrifoodtech investors weigh in… | What makes a great pitch? At the most basic level, say investors quizzed by AgFunderNews in Singapore last week, entrepreneurs need to identify the problem they are addressing, spell out the market opportunity, and explain why they are best... |
| 12.06.2023 | Plant-Based. The Death Knells of an Industry, or the Calm After the Storm? | Today in the UK, the unfortunate news regarding Meatless Farm’s mass redundancies arrived, as sadly predicted over the past week. And right on cue, conventional media was ready and waiting, sharpening its knives, eager to assign the now tri... |
| 08.06.2023 | The Chinese Plant-Based Meat Industry is “Faltering”, Claims Publication. Is This Really the Case? | Earlier this week, Sixth Tone, a digital platform covering Chinese current affairs, claimed that plant-based brands both domestic and imported are struggling in China, in a now-familiar rhetoric that is being churned out globally making veg... |
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