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Proeon
Innovative plant-based protein solutions for seamless integration into nutritious and delicious food products
About Proeon
Proeon Foods is a pioneering company in the plant-based protein industry, driven by research and innovation to deliver high-quality protein solutions. The company specializes in creating functional protein isolates such as PROEON MUNG80, which is ideal for plant-based egg formulations due to its exceptional texture and taste. Proeon serves food and beverage manufacturers looking to develop protein-rich, plant-based offerings that are both nutritious and delicious. Operating in the sustainable food market, Proeon aims to transform the existing food value chain by producing scalable, sustainable, and accessible protein solutions. The business model focuses on B2B sales, providing specialized protein ingredients to manufacturers who integrate these into their consumer products. Revenue is generated through the sale of these high-quality protein isolates and powders. Proeon's mission is to nourish the world sustainably by meeting nutritional needs and safeguarding future well-being.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Pune, India
- Employees
- 17
- Open positions
- None listed
- Dealroom signal
- 82.8/100
- Industry
- Food
- Sub-industry
- Innovative Food
- Sector
- Food, Plant-Based, Alternative Protein, Sustainable Development Goals, Enabler of Alternative Proteins, Climate Tech, Hard Tech, DT and LS, science-based
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Apr 2025 | $1.1M | — | Province of South Holland | ↗ |
| SEED✓Equity / VC | Sep 2021 | $2.4M | $9.6M | Waoo Partners · Shaival Desai · Sanjaya Mariwala · Flowstate Ventures | — |
Growth signals
Latest recorded traffic for Proeon is 1.5K monthly website visits, down 50% over the last three months. Proeon's team grew 6.3% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
- WPWaoo Partners
- SDShaival Desai
Sanjaya Mariwala- FVFlowstate Ventures
Peak Sustainability Ventures
Province of South Holland
Other known investors4 additional known investors
MassChallenge
Desai Ventures
Desai Ventures
Technology Pioneers | World Economic Forum
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Proeon on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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