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Dao Foods

11 known investors

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Dao Foods is an investment and advocacy firm that funds and mentors plant-based and alternative protein companies focused on or serving the Chinese market. The firm operates as an ecosystem builder, venture investor, and mentor for entrepreneurs developing alternative protein products for mainstream Chinese consumers.

AgTechClimate TechFoodTechImpact & Social Good

Founders & leadership

TZTao Zhang
Tao ZhangCo-FounderTao Zhang is co-founder of Dao Foods and founder and managing director of Dao Ventures, where he has worked on venture capital and private equity investments in environmental and technology sectors. He brings experience in mergers and advisory work, with multilingual capabilities and a focus on the Chinese market.
ATAlbert Tseng
Albert TsengCo-FounderAlbert Tseng has 20+ years of experience in business operations and entrepreneurship, including roles as COO of a venture-backed social enterprise, consultant to the United Nations on social business models, and biomedical engineer in business development at a multinational corporation. He holds an MPA from Harvard Kennedy School, an MHSc. in Biomedical Engineering from the University of Toronto, and a BASc. in Mechanical Engineering from the University of Waterloo.

Investors · 11

Bluestein VenturesreportedChicago

How we know: daofoods.com · Not right? Tell us

Builders VCreportedSan Francisco

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Congruent VenturesreportedSan Francisco · $100K – $5M

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Joy CapitalreportedBeijing

How we know: theveganreview.com · Not right? Tell us

Matrix Partners ChinareportedBeijing

How we know: funding news · theveganreview.com · Not right? Tell us

Nàdarra VenturesreportedVancouver

How we know: daofoods.com · Not right? Tell us

New Crop CapitalreportedNew York

How we know: funding news · Not right? Tell us

NYA VenturesreportedCalgary

How we know: daofoods.com · Not right? Tell us

Sky9 CapitalreportedSan Francisco · $1M – $10M

How we know: theveganreview.com · Not right? Tell us

Verdex CapitalreportedCalgary

How we know: daofoods.com · Not right? Tell us

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Dao Foods Portfolio Company AuX Labs Raises US$4 Million to Accelerate Commercialization of Precision Fermentation Dairy Proteins — Dao Foodsdaofoods.com · Jun 2026Dao Foods Announces Investment in Six Alternative Protein Venturesglobenewswire.com · Apr 2022Dao Foods Welcomes Rich Products Ventures as Investor in China-focused Alternative Protein Startups — Dao Foodsdaofoods.com · Sep 2021

Frequently asked questions

What does Dao Foods do?
Dao Foods is an investment and advocacy firm that funds and mentors plant-based and alternative protein companies focused on or serving the Chinese market. The firm operates as an ecosystem builder, venture investor, and mentor for entrepreneurs developing alternative protein products for mainstream Chinese consumers.
Who founded Dao Foods?
Dao Foods was founded by Tao Zhang, Albert Tseng.
Who are Dao Foods's investors?
Dao Foods's investors include Unovis Asset Management, Bluestein Ventures, Builders VC, Congruent Ventures, Joy Capital, Matrix Partners China, Nàdarra Ventures, New Crop Capital and 3 more.