Renewal Mill
Techstars '18Oakland, US · Founded 2016 · Delaware corporation · 5 known investors
Renewal Mill is a food and ingredients company that makes six upcycled ingredients across protein, flour, and fiber, along with baking mixes, by repurposing byproducts from food production such as juice pulp. It sells consumer baking products and supplies ingredients for developing sustainable food products.
Circular EconomyClimate TechConsumerFoodTech
Founders & leadership
Renewal Mill was founded in 2016 by Claire Schlemme and Caroline Cotto.
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Claire SchlemmeCo-founder
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Caroline CottoCofounder30 Under 30 2022
Investors · 5
Reported raises · per SEC filings
Form D private placements$2.1M disclosed across 3 of 4 rounds · 2018–2020
▶$1.1MofferedAug 2020 · OtherRule 506(c)
▶$1.1MofferedAug 2020 · Other
Rule 506(c)Officers, directors & promoters on the filing
- Claire SchlemmeExecutive Officer, Director
- Offering amount
- $1.1M
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06c
▶$215KraisedAug 2020 · 11 investors · OtherRule 506(b)
▶$215KraisedAug 2020 · 11 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- CLAIRE SCHLEMMEExecutive Officer, Director
- Offering amount
- $1M
- Amount sold
- $215K
- First sale
- Nov 2019
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$200KraisedAug 2020 · 4 investors · OtherRule 506(b)
▶$200KraisedAug 2020 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- CLAIRE SCHLEMMEExecutive Officer, Director
- Offering amount
- $200K
- Amount sold
- $200K
- First sale
- Jul 2018
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$1.7MraisedJul 2020 · 5 investors · OtherRule 506(b)
▶$1.7MraisedJul 2020 · 5 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Claire SchlemmeExecutive Officer, Director
- Offering amount
- $1.7M
- Amount sold
- $1.7M
- First sale
- Jan 2019
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlapInstacart17 shared keywordsInstacart operates a marketplace connecting grocery retailers with customers who order food and household items for same-day delivery or in-store pickup, serving millions of households across North America through partnerships with over 350 retailers.
Foodbusinessnews15 shared keywordsFood Business News is an industry news publication covering the food and beverage manufacturing sector, reporting on ingredients, product innovation, and research developments for food manufacturers and industry professionals.
Upcycledfoods15 shared keywordsUpcycled Foods, Inc. (UP, Inc.) supplies upcycled food ingredients—led by its ReGrained SuperGrain+® platform derived from brewers' spent grain—and offers innovation services that help food and agriculture companies turn byproducts and waste streams into new products. It serves CPG brands, ingredient suppliers, agricultural processors, retailers, foodservice operators, and trade associations.
DoorDash13 shared keywordsDoorDash operates a restaurant delivery platform that connects customers with dining establishments across hundreds of cities in North America through a logistics network.
Wilton13 shared keywordsWilton makes baking and cake-decorating products, including bakeware, decorating tools, and ingredients like icing colors and Candy Melts, and publishes recipes and techniques for home bakers. It also runs the Wilton Sweet Studio, offering in-person baking and cake-decorating classes in Naperville, Illinois.
Companies competing with Renewal Mill for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Renewal Mill do?
- Renewal Mill is a food and ingredients company that makes six upcycled ingredients across protein, flour, and fiber, along with baking mixes, by repurposing byproducts from food production such as juice pulp. It sells consumer baking products and supplies ingredients for developing sustainable food products.
- Who founded Renewal Mill?
- Renewal Mill was founded by Claire Schlemme, Caroline Cotto in 2016.
- Who are Renewal Mill's investors?
- Renewal Mill's investors include Bread And Butter Ventures, Llc, ECP Growth, HG Ventures, Purple Sage Ventures, Techstars.
- How much funding has Renewal Mill raised?
- Renewal Mill has disclosed $2.1M raised across 3 of its 4 known rounds.
- Where is Renewal Mill headquartered?
- Renewal Mill is headquartered in Oakland, US.





