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  • Dao Foods

Starfield Closes US$100M in Series B, Announces First Self-Built Factory in Xiaogan, Hubei

Chinese plant-based protein food technology company Starfield this Tuesday announced the completion of a US$100 million Series B financing round. The company also announced that its first production base and self-built factory will be located in Xiaogan, Hubei.

This round is the fifth round of funding for Starfield since its foundation in 2019, reflecting the rapid development of the plant-based protein food technology sector in China. In 2020, Starfield completed a Series A round, bringing its total funding to over $10 million and making it the fastest-growing plant-based brand in China.

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