$1.5 million seed funding
Rhinehart announces that Soylent has accepted $1.5 million from Andreessen Horowitz, Lerer Ventures, Hydrazine Capital, and Initialized Capital. Y Combinator retains a stake in the company. The money is in addition to over $1.5 million in pre-orders from Crowdhoster. He says the company has also taken on advisors from Columbia University, bioengineering firm Counsyl, and Muscle Milk creator Cytosport. He is still consuming mostly Soylent, along with other meals:
I still enjoy all my favorite foods. In fact, my mostly Soylent lifestyle makes my recreational meals more enjoyable than ever, now that I’m not bombarding my senses with the engineered indulgence of fast food.