Dao Foods

Dao Foods International, Inc. is a cross-border impact venture established to introduce plant-based and clean meat in China. With rapidly rising incomes and increasing meat consumption in China, our aim is to introduce alternative products into the China market to reduce the consumer demand for animal products from the traditional livestock industry, which has had growing negative environmental, food safety and health impact. Dao Foods was founded by experienced impact investors and social entrepreneurs Tao Zhang and Albert Tseng, representing Dao Ventures and Moonspire Social Ventures, respectively, in collaboration with New Crop Capital, a Dao Foods founding investor and specialized private venture capital fund. Dao Ventures has supported more than Chinese and international SMEs and made and facilitated over US$200M in impact investments. New Crop Capital has made investments in over 30 of the most innovative companies in the alternative protein space worldwide. With the value proposition of significantly reducing carbon emissions and ensuring food-related health and safety, plant-based and clean meat are part of a macrotrend in alternative proteins that has attracted the attention and investment dollars of business tycoons such as Bill Gates, Richard Branson, Sergey Brin and Li Ka-shing, as well as traditional meat companies such as Cargill and Tyson Foods.