X-Caliber Rural Capital Provides $25 Million in USDA Financing for Plantible Foods' Eldorado, Texas Expansion

X-Caliber Rural Capital Provides $25 Million in USDA Financing for Plantible Foods' Eldorado, Texas Expansion

IRVINGTON, N.Y.--(BUSINESS WIRE)--Aug 6, 2026-

USDA-Backed Loan Helps Plantible Foods Bag $35M to Scale Rubisco Protein

4 Mins Read Californian startup Plantible Foods has secured $35M in USDA-backed loan and equity funding to quintuple the manufacturing capacity for its duckweed-derived Rubisco protein. A funding effort supported by the US government will help San Diego-based Plantible Foods dramatically expand its capacity to produce the world’s most abundant protein. The startup has received $25M in debt financing from X-Caliber Rural Capital, a licensed lende…

Plantible secures $35m to boost Rubi Protein production capacity

US food-tech company Plantible Foods has received a USDA-backed loan from X-Caliber Rural Capital to significantly expand production of its plant-based Rubi Protein ingredient.

X-Caliber Rural Capital Provides $25 Million in USDA Financing for Plantible Foods’ Eldorado, Texas Expansion

IRVINGTON, N.Y.--(BUSINESS WIRE)--X-Caliber Rural Capital ("XRC"), a licensed USDA OneRD lender and affiliate of X-Caliber Capital Holdings LLC ("X-Caliber"), today announced the closing of a $25 million USDA OneRD Business & Industry Guaranteed Lo... L'articolo X-Caliber Rural Capital Provides $25 Million in USDA Financing for Plantible Foods’ Eldorado, Texas Expansion è un contenuto originale di 01net.

Plantible raises $35m in debt, equity, to increase RuBisCO protein production fivefold

Plantible Foods—a startup extracting RuBisCO, a highly-functional protein from fast-growing aquatic plant lemna (duckweed)—has raised $35 million in debt and equity funding to expand operations at its site in Eldorado, Texas. The package includes a $25 million loan from X-Caliber Rural Capital via USDA’s Business & Industry Loan Guarantee Program and $10 million in equity from RA Capital and other existing investors. The funds will enable Planti…