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Clean Food Group

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Sustainable oils and fats from food waste

London, United KingdomFounded 2022Food
Valuation $10–25M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Clean Food Group

Clean Food Group is a UK-based biotechnology company manufacturing sustainable oils and fats for the food and cosmetics industries. The company was formally established in early 2022 by CEO Alex Neves, CFO Tom Ellen, and Co-chairman Ed McDermott. They acquired the foundational technology from the University of Bath, which was developed over a decade of research led by Professor Chris Chuck, who joined as a technical co-founder.

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The founders identified oils and fats as a significant yet underserved area for innovation compared to alternative proteins. Alex Neves has a background in the food and wellness industry, including founding Scratch Meals and serving as Head of Wellness at EMMAC Life Sciences. Professor Chris Chuck of the University of Bath is a leading academic in bioprocess engineering and sustainable bioproducts, having spent years developing the core technology. This technology, branded CLEANOilCell™, uses non-GMO yeast strains and a fermentation process to convert food industry byproducts, such as bread waste, into bio-equivalent alternatives for ingredients like palm oil. This process can reduce greenhouse gas emissions by over 90% compared to its agricultural counterparts.

Clean Food Group operates on a B2B model, collaborating with food and cosmetics businesses to process their waste streams and provide them with valuable, functional ingredients in a circular system. Its go-to-market product is a high oleic palm oil equivalent that serves as a drop-in ingredient for applications in baked goods, confectionery, and personal care products. The company has established a demonstration plant and forged strategic partnerships with industrial players, including the German ingredients manufacturer Doehler Group and the Latin American oils and fats specialist Alianza Team, to scale production and accelerate commercialization. Having raised approximately £13 million in total funding as of March 2024, from investors including Clean Growth Fund and Agronomics, Clean Food Group is advancing regulatory approvals and aims for a commercial launch in 2025.

Source: Dealroom company data

At a glance

Founded
2022
Headquarters
London, United Kingdom
Sector
Food

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed7 investors entered at this stage

  • SEED Innovations
  • Agronomics
  • Doehler Ventures
  • Döhler
  • Alianza Team
  • Clean Growth Fund
  • Innovate UK Business Connect

Series A1 investor entered at this stage

  • New Agrarian
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇬🇧 United Kingdom100%
1 country shown

Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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