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Starfield

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Next-gen alternative meat venture that has its own R&D and manufacturing capability

Shenzhen, ChinaFounded 2017Food
Valuation $500M–1B Last recorded · 2022
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Starfield and the history behind them.

About Starfield

Starfield, legally known as Shenzhen Starfield Food Technology Co., Ltd., is a plant-based food technology company headquartered in Shenzhen, China. Founded in 2019 by Kiki Wu, the company focuses on the research, development, production, and sale of plant-protein foods. The founding team's journey began with a vegetarian restaurant in Shenzhen called青苔行星 (Planet Green), which served as a testing ground for plant-based products, including offerings from international brands, before launching Starfield.

The company operates on a business-to-business-to-consumer (B2B2C) model, supplying its plant-based meat alternatives to a wide array of clients. Starfield has established partnerships with over 100 brands, including major players in the food and beverage industry like KFC, Dicos, Luckin Coffee, and Tim Hortons, as well as retail giants such as Sam's Club, FamilyMart, and 7-Eleven. Through these collaborations, its products have reached over 40,000 stores across China. Revenue is generated through the sale of its plant-based products to these business partners, who then incorporate them into their own menus and offerings for the end consumer.

Starfield has developed an extensive portfolio of over 300 plant-based protein foods, including alternatives for beef, pork, chicken, and seafood. The product lineup features items such as plant-based ground meat, burgers, sausages, meatballs, pastrami, bacon, and innovative snacks like protein bars and vegetable crisps. The company's R&D efforts are a core part of its strategy, with nearly 40 co-developed patents and collaborations with universities to advance its food technology. A key technological point is their use of molecular sensory science to replicate the Maillard reaction—the chemical process that gives cooked meat its characteristic flavor—using plant-based molecules, which allows them to avoid artificial flavorings. Their products are created from non-genetically modified soybeans, chickpeas, quinoa, and microalgae. To support its growth, Starfield has established its own production facilities, including a factory in Xiaogan, Hubei, to ensure stable output and control costs.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Shenzhen, China
Employees
10
Open positions
None listed
Dealroom signal
39.6/100
Industry
Food
Sub-industry
Innovative Food
Sector
Food, Plant-Based, Alternative Protein, Meat Substitute, Sustainable Development Goals, Climate Tech, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jan 2022 $100M $400M Matrix Partners · Luminous Ventures · Joy Capital · Sky9 Capital ↗
SERIES AOther financing Oct 2020 — — Sky9 Capital · Luminous Ventures · Matrix Partners China —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Starfield website traffic

Latest recorded traffic for Starfield is 510 monthly website visits, up 1600% over the last three months. Starfield's team grew 0% over the past year.

Latest monthly visits510 3-month web change+1600% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

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

Seed4 investors entered at this stage

Series A5 investors entered at this stage

Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Starfield 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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