Bengaluru, May 8 -- Avaana Capital, a venture capital fund backing deep-tech and frontier innovation, has led a USD 1.2 million seed round in High Time Foods, a food-tech startup offering cost-effective, shelf-stable plant-based protein solutions. Existing investors also participated in the round.
The funding coincides with High Time Foods' official launch in India, where it aims to address the country's protein gap by building a climate-resilient, non-refrigerated, and versatile protein product line catering primarily to the institutional food sector.
The Bengaluru-based startup had earlier secured a distribution deal with US-based Sysco, one of the world's largest foodservice providers, which it described as a significant global validat...