Funding profile · Food manufacturing technology

Rebellyous Foods

Nine years of equity, no federal grants, and four Form D notices filed under the legal name Seattle Food Tech, Inc. One of them does not match the press release that went out the same day.

$38.5MTotal raised, company-reported (Jan 2026)
$35.55MSum of amounts sold across four Form D notices
$2.47MSold of $4.0M offered, most recent Form D (Jan 2025)
$676KRaised by two single-company SPVs (2020, 2022)

Data as of September 24, 2026. Company-reported figures are labeled. Form D amounts can include securities converting from earlier instruments, so sums across notices may double count.

Rounds at a glance

When Round Amount Investors Source
Jan 2018 First priced offering $3,892,353 offered and sold 42 Form D
Mar 2020 Series A, announced as $6M $8,868,800 of $9,381,500 45 · Clear Current Capital, Fifty Years, Liquid 2 Ventures, Agronomics, Vulcan, KBW Form D + release
Oct 2020 SPV: True VC, Series 6, Rebellyous $550,000 of $600,000 6 · True Ventures Form D
2021 Reported raise $5.35M Not named Reported
Jul 2022 SPV: The Helm x Rebellyous Foods $125,500 in full 6 · administered by Assure Form D
Jan 2023 Announced as a $9.5M round $20,321,630 of $30,734,497 55 Filing exceeds release
Nov 2024 Series B extension, announced as $2.4M $2,469,217 of $4,000,000 28 Form D + release
Nov 2025 Reported raise for 2026 $3.5M None named Independent
2017 to 2026 Federal non-dilutive funding $0 found NSF and NIH searched Not found

What the filings show

Seattle Food Tech, Inc. · Form D · filed Jan 8, 2025

First sale
Nov 7, 2024
Offered
$4,000,000 equity
Sold
$2,469,217 · $1,530,783 remaining
Investors
28 · average about $88,200
Exemption
Rule 506(b)
Related persons
Christie Lagally and Kristie Middleton (executive officers, directors); Mike Miller, Yongbai Choi, Owen Gunden (directors)
Filing
SEC EDGAR, CIK 0001807097

Seattle Food Tech, Inc. · Form D · filed Feb 3, 2023

First sale
Jan 23, 2023
Offered
$30,734,497 equity
Sold
$20,321,630 · $10,412,867 remaining
Investors
55 · average about $369,500
Exemption
Rule 506(b)
Related persons
Lagally, Middleton, Miller, Gunden, Choi
Filing
SEC EDGAR, CIK 0001807097

Seattle Food Tech, Inc. · two notices · both filed Apr 30, 2020

Notice one
First sale Jan 30, 2018 · $3,892,353 sold in full · 42 investors, about $92,700 each
Notice two
First sale Mar 17, 2020 · $8,868,800 of $9,381,500 · 45 investors, about $197,100 each
Related persons
Lagally; Middleton; Elzbieta Madej, promoter then director
Filing
SEC EDGAR, CIK 0001807097

Single-company vehicles

True VC, Series 6, Rebellyous
Filed Nov 24, 2020 · $550,000 of $600,000 · 6 investors, $25,000 minimum · True Ventures Management Company · CIK 0001833348
The Helm x Rebellyous Foods
Filed Jul 12, 2022 · $125,500 in full · 6 investors, $2,500 minimum · Assure Fund Management II · CIK 0001937061

Reading the filings

  1. The first notice arrived two years late.First sale Jan 30, 2018; Form D dated Apr 30, 2020, the same day as the Series A notice. Regulation D asks for it within 15 days of the first sale. Two offerings were caught up at once.
  2. The 2023 release understates the filing by a factor of two.A $9.5 million round was announced on Feb 3, 2023. The Form D filed that day reports $20,321,630 sold from 55 investors, about $369,500 each, of $30,734,497 offered. TechCrunch flagged it the same day. No amended notice has been filed.
  3. Check sizes fell about three quarters in one round.$369,500 average in Jan 2023; $88,200 average in Nov 2024, with only 62% of the $4.0 million target sold at filing. That is the shape of an insider extension, not a new institutional lead.
  4. The syndicate vehicles are small.True Ventures raised $550,000 from six people in 2020, The Helm $125,500 from six in 2022. Together $675,500, under 2% of the reported total, and neither firm is a named lead in any release.
  5. One board seat came and went.Ela Madej of Fifty Years is a promoter on the first 2020 notice and a director on the second, then absent from 2023 on. Miller, Gunden and Choi appear as directors from 2023; Middleton moves from director to executive officer and director.
  6. Nothing is on file for the November 2025 money.Two outlets report $3.5 million raised that month. The latest Form D is dated Jan 8, 2025 and its unsold balance was $1,530,783, less than the reported raise. An issuer can sell under Section 4(a)(2) and file nothing, so the silence is not itself a failure to file.

Commercial signals

Signal Detail Source type
Customers More than 390 school districts and over five million students by mid 2025, from 275 districts in Sep 2024. No district named with a contract value. Company-stated
Distribution Seven SKUs in 45 of 50 states as of Jan 2026; over 1,000 retail locations in 2023. Vizient contract effective Nov 1, 2023. Company-stated
Federal crediting Absent from the USDA CN Label Verification Report and CN Label Manufacturers Report, Sep 4, 2026 edition. CN labeling is voluntary; the alternative is a manufacturer’s Product Formulation Statement. Public record
Intellectual property Eight granted US patents assigned to Seattle Food Tech, Inc., Sep 2022 to Sep 2025. Company claims 14 US and international patents plus six pending. Public record
Operating position 30% sales growth in 2025, break-even with some cash flow positive months, eight full time and two part time staff. Unaudited. Company-stated
Category backdrop US retail plant-based meat fell 7.5% to $1.13 billion in the 52 weeks to Apr 20, 2025. Funding to plant-based startups fell 64% in 2024, to $309 million. SPINS, GFI

What to watch

  • A Form D for the November 2025 raise, or an amendment to the January 2025 offering.
  • An amended 2023 notice, which would reconcile $9.5 million announced against $20.3 million filed.
  • Whether a named institutional lead returns after falling average check sizes.
  • Any disclosure of district contract values.

The Rebellyous Foods story on Healthcare DiscoveryHealthcare Discovery

Related companies

  • C16 Biosciences: Shared investor: Liquid 2. A New York company that brews a palm oil substitute in yeast rather than growing it on cleared rainforest
  • Ligo Biosciences: Shared investor: Liquid 2. A San Francisco startup building generative diffusion models to design enzymes from scratch
  • Volumetric Biotechnologies: Shared investor: Assure Fund Management. A Rice University spin-out that printed a hydrogel air sac able to oxygenate flowing blood, sold to 3D Systems in 2021 for a headline $400 million, and watched the
  • BloomAPI: Shared investor: Liquid 2. A Y Combinator company that set out to end the medical records fax, then quietly turned into a HIPAA texting app

Sources

  1. Public recordForm D, Seattle Food Tech, Inc.SEC · Apr 30, 2020 (two notices)
  2. Public recordForm D, Seattle Food Tech, Inc.SEC · Feb 3, 2023
  3. Public recordForm D, Seattle Food Tech, Inc.SEC · Jan 8, 2025
  4. Public recordForm D, True VC, LLC, Series 6, RebellyousSEC · Nov 24, 2020
  5. Public recordForm D, The Helm x Rebellyous FoodsSEC · Jul 12, 2022
  6. Public recordCN Label Verification and Manufacturers ReportsUSDA FNS · Sep 4, 2026
  7. Public recordUS patents assigned to Seattle Food Tech, Inc.USPTO · 2022 to 2025
  8. IndependentRebellyous is raising millions to rethink the nuggetTechCrunch · Feb 3, 2023
  9. IndependentRebellyous Foods raises $2.4MGeekWire · Jan 9, 2025
  10. IndependentBucking alt-protein trends with a new production milestoneGeekWire · Jan 5, 2026
  11. IndependentPlant-based meat by numbersAgFunderNews · May 16, 2025
  12. CompanyRebellyous Foods raises $9.5M equity roundRebellyous Foods · Feb 3, 2023

Compiled from SEC, USDA and USPTO public records and published reports as of September 24, 2026. Form D notices report offerings under Regulation D; amounts reflect the filing date and may not capture later sales. Healthcare Venture Capital Fund holds no position in Rebellyous Foods. This page is not an offer to sell or a recommendation to buy any security.