Perwyn led the financing round alongside backers including Kinnevik, 83North and Felix Capital.
"HungryPanda has achieved exceptional growth over the last four years. We now have the ability and experience to launch and operate in new cities in just two weeks and have established ourselves as the market leader due to our laser focus on developing the best service and providing high-quality products for our customers."
HV Capital has backed the Depop founder's latest culinary venture in a seed round earmarked for team expansion.
"The investment is going to be used very strategically, we are hiring across the tech and development team to bolster the offering, but also looking to expand the amazing team we have for onboarding. This investment will help us reach further and wider across the UK, and it’s the start of a very exciting journey for sure."
The London startup secured the capital from backers including Founders Factory and Craig Burkinshaw to drive its marketing efforts.
"First and foremost we’re going to plough the money into marketing – to not just get Karmacist out there but explain the breakthroughs our Harvard and Stanford scientists have come up with."
The funding follows regulatory approval for its plant-based egg products in Europe and commercial milestones for its cultivated meat division.
"We are delighted to have partnered with CEO, Josh Tetrick the team at Eat Just Inc. With the demand for plant based products soaring they offer a viable alternative to conventionally-produced egg products and are offering impressive returns for all stakeholders. This is a prime example of the sort of business we will be working with at AIV Capital. One with a strong management team with a demonstrated edge in the space they operate in."
The funding round was led by Draper Esprit and will support kitchen expansion, team growth, and product innovation.
"In the five years that we have been cooking, we’ve seen the demand for plant-based food explode. We’ve got a tonne of exciting plans to bring the movement to even more people’s kitchens, and this investment will allow us to do just that."