Savor has raised $33.0M in total across 2 funding rounds.
Savor's investors include Breakthrough Energy Ventures, Synthesis Capital.
Savor is a San Jose-based food-tech startup founded in 2022 that produces sustainable, animal-free fats like butter by converting captured carbon dioxide (CO₂), green hydrogen, and methane into fatty acid molecules via a proprietary thermochemical process.[1][2][3][5] It serves high-end restaurants, bakeries, chocolatiers, and large CPG companies, solving the environmental toll of traditional agriculture—such as high CO₂ emissions, land use, and water consumption from animal and palm oil production—by creating chemically identical fats with drastically lower impact.[1][3][4][6] Savor launched its first commercial product, butter, in March 2025 after securing U.S. regulatory approval (GRAS status) in late 2024, and now operates a 25,000-square-foot pilot facility in Batavia, Illinois, producing metric tons of fat while partnering with Michelin-starred venues like SingleThread and bakeries like Jane the Bakery.[2][3][4][5] The company has raised $33 million from investors including Breakthrough Energy Ventures and Synthesis Capital, demonstrating strong growth momentum toward expanding into milk, cheese, ice cream, and meat alternatives.[5]
Savor emerged from Orca Sciences, where Hertz Fellow Kathleen Alexander and Dr. Ian McKay explored efficient calorie production by bypassing agriculture entirely, mapping dozens of approaches before developing a thermochemical method to assemble food-grade fats molecule-by-molecule from carbon, hydrogen, and oxygen under heat and pressure.[3] Alexander, now CEO and CTO, and McKay, Chief Science Officer, spun out the concept into Savor in 2022 in San Jose, California, driven by a mission for sustainable, ethical food without compromising taste or animal welfare.[1][3] Henrik Bennetsen serves as CEO alongside Alexander.[1] Early lab tests validated the tech, leading to three years of R&D, regulatory hurdles, and a commercial launch in March 2025 with initial traction from Bay Area culinary partners and CPG pilots.[2][3]
Savor rides the alt-fat and precision fermentation wave amid surging demand for sustainable ingredients to replace tropical oils and animal fats, fueled by climate pressures, deforestation concerns, and consumer shifts toward low-impact foods.[5][6] Its timing aligns with regulatory approvals for novel foods and investments in carbon utilization tech, positioning it ahead of microbe-based competitors with a more scalable, non-biological process that avoids fermentation's limitations.[2][5] Market forces like CPG reformulation for net-zero goals and rewilding initiatives amplify its potential, influencing the ecosystem by enabling carbon-neutral products (e.g., whipped toppings) and proving fats can be produced from waste gases, accelerating the shift to agriculture-free food systems.[2][3][5]
Savor's pilot-scale production and CPG partnerships signal rapid commercialization, with expansion into diverse fats like cocoa butter and meat poised to capture a slice of the $100B+ global fats market.[2][5] Trends like carbon capture mandates, AI-optimized formulations, and reforestation-linked supply chains will propel growth, potentially evolving Savor into a platform for "infinite" sustainable foods. As the pioneer proving deliciousness without farms, Savor could redefine butter—and beyond—not just as an alternative, but as the new standard for planet-friendly indulgence.[1][3]
Savor has raised $33.0M across 2 funding rounds. Most recently, it raised $23.0M Series A in February 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2024 | $23.0M Series A | Breakthrough Energy Ventures, Synthesis Capital | |
| Dec 1, 2023 | $10.0M Seed | Breakthrough Energy Ventures |