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New vegan cheese brand, Plonts, launches in US following $12m seed funding round
Melissa Bradshaw

Melissa Bradshaw

14 August 2024

New vegan cheese brand, Plonts, launches in US following $12m seed funding round

Plonts, a new plant-based cheese brand, has debuted its first product in the US following a $12 million seed round and opening of a pilot plant in Oakland, California.


Plonts uses traditional fermentation methods to turn soya milk into plant-based cheese. Its first product, a cheddar alternative, is now available at select restaurants in New York City and the San Francisco Bay Area.


The start-up’s cheesemaking method involves a specially developed blend of cultures and enzymes which create a tangy, cheesy flavour as the cheese ages. According to Plonts, its end result is a ‘bold’ cheddar that slices, shreds and melts just like the dairy variant.


Founded in 2019 by Nathaniel Chu and Josh Moser, Plonts was born in the corner of a pizza restaurant. Co-founder Chu completed a PhD at Massachusetts Institute of Technology studying the human gut microbiome, and wanted to apply his microbes expertise to creating fermented foods from sustainable, nutritious and affordable plant sources.


© Plonts/Erin Ng

Now, the company has opened its pilot plant and closed the $12 million seed round, led by Lowercarbon Capital, a ClimateTech venture capital fund with more than $2 billion in assets under management. Plonts secured additional investment from Peter Rahal's Litani Ventures, Accelr8, Pillar, Ponderosa Ventures and several angel investors.


San Francisco-based Chinese-American cocktail bar Moongate Lounge is one of Plonts’ foodservice partners, serving up the cheddar alternative in a grilled cheese sandwich dish with bok choy, fermented cabbage and roasted maitake mushrooms. Brandon Jew, founder and executive chef of Moongate Lounge and restaurant Mister Jiu’s, said: “As a chef, I believe it is increasingly important to understand how and when meat and dairy alternatives can supplement your menu.”


“There is already a rich history in Chinese cuisine that leans heavily into the creativity of using soy milk. Plonts is a new product with old-world sensibilities, providing yet another way to enjoy soy milk. It maintains the cheesy, melty properties of a cheddar and compels you to consider it in place of dairy cheese.”


Top image: © Plonts/Erin Ng

#Plonts #US 

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