Bengaluru-based food-tech startup High Time Foods has raised $1.2 million in a funding round led by early-stage investment firm Avaana Capital, with participation from existing angel investors.
The proceeds will be allocated towards product development, team expansion, and scaling partnerships across India, the US, and emerging markets in the Global South.
Founded in 2022 by Aakash Shah and Damian Felchlin, the startup develops non-refrigerated, plant-based protein products aimed at addressing protein deficiency in markets with limited cold chain infrastructure.
The brand, which initially started in the US, has now relocated its headquarters to India after completing the funding round. India is expected to contribute 25% of its business, with the remaining 75% coming from international markets.
High Time Foods currently serves over 30 B2B clients, including food manufacturers, educational institutions, and dining facilities. It plans to establish at least 50 B2B partnerships in India by the end of 2025, targeting the Horeca segment and food manufacturers.
The startup is also exploring expansion in Africa, where it is conducting customer testing in West Africa with a major food distributor.
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