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SIMULATE

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uuid0000mak

Namestring
SIMULATE
Legal namestring
Simulate
Websiteurl
simulate.com
Company typeenum
Private
Founded yearint
2019
Descriptiontext

SIMULATE (doing business as NUGGS) is a New York-based, privately held food technology company founded in 2018 that develops and sells plant-based chicken nugget alternatives under its NUGGS brand. The company's core product is a vegan nugget formulated as a direct substitute for conventional chicken nuggets, positioned within the broader alt-protein category. The company sells through two primary channels: retail grocery distribution for direct-to-consumer purchases, and foodservice partnerships targeting fast food chains. Its customer base spans health-conscious retail consumers seeking plant-based protein options and enterprise foodservice buyers seeking menu diversification into plant-based items. SIMULATE self-describes as a nutrition technology startup, though the disclosed technology is plant-based meat formulation rather than software or data-driven systems.

The company raised approximately $61 million across four funding rounds from 2018 to 2021, including a $50 million Series B in June 2021 led by Seven Seven Six (Alexis Ohanian's firm) with participation from McCain Foods. Founder Ben Pasternak (Australian entrepreneur, 2021 Forbes 30 Under 30 nominee) led the company, with Sam Terris listed as co-founder and CEO. Use of Series B proceeds targeted product development, manufacturing scale-up, significant retail expansion, and international market entry beginning with Canada. In October 2024, SIMULATE was acquired by Ahimsa Companies, a plant-based-focused investor, in a cash-and-equity transaction framed as an effort to revitalize the NUGGS brand and support further product innovation and expansion.

Short descriptiontext

SIMULATE is a New York-based plant-based food company that develops and sells NUGGS, a vegan chicken nugget alternative, through retail grocery and foodservice channels including fast food chains.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
plant-based meat, chicken alternatives, vegan nuggets, nutrition technology, sustainable protein
Industry2 codes
1Finished Meat-Alternative Prepared Foods (Nuggets, Burgers, Sausages, Ready Meals)
CodeAFANAKAOPrimaryYes
2Plant-Based Poultry Alternatives (Analog Chicken/Turkey)
CodeAFANAKALPrimaryNo
NAICS code1 code
  • Food Manufacturing311
SIC code1 code
  • Miscellaneous Food Preparations & Kindred Products2090
Product category
Plant-based Meat Alternatives
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Plant-based food product sales
TypeOne Time License
Description

Revenue generated from selling plant-based nugget products (NUGGS) through retail and foodservice distribution channels

progressivegrocer.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1NUGGS
Description

Plant-based chicken nugget brand produced by Simulate.

news.crunchbase.com
Core offering1 text field

SIMULATE is a nutrition technology startup that develops and sells NUGGS, a plant-based chicken nugget brand. The company formulates and produces vegan chicken nugget alternatives marketed to health-conscious retail consumers through grocery channels and to foodservice operators such as fast food chains. Following its October 2024 acquisition by Ahimsa Companies, the NUGGS brand is being revitalized and scaled.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

SIMULATE is a nutrition technology startup that offers plant-based food products. The company's primary product is NUGGS, a plant-based chicken nugget brand. The company operated as a single-product focused business before being acquired by Ahimsa Companies, which aims to enhance the NUGGS products and revitalize the brand.

Product and service1 record
1NUGGS
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Established plant-based protein brand owned by Kellanova offering a broad portfolio of veggie nuggets, Chik'n products, and burgers. Comparable to SIMULATE on retail frozen/meat-alternative positioning but at much greater scale and SKU breadth.

TypeBroad incumbent
Description

Plant-based and mindful-meals brand (owned by Nestlé) offering frozen protein bowls, burritos, and Chik'n products. Comparable on plant-based retail frozen positioning.

TypeDirect peer
Description

Plant-based meat producer (beef, chicken, sausage) sold in retail and foodservice, including major QSR partnerships (Burger King, White Castle). Direct competitor to SIMULATE in the alternative-protein category.

TypeDirect peer
Description

Producer of mycoprotein-based meat alternatives including nuggets, tenders, and Chik'n cutlets sold in retail and foodservice. Comparable to SIMULATE on alternative-protein technology and chicken-analog SKU focus.

TypeDirect peer
Description

Largest pure-play plant-based meat company offering plant-based chicken nuggets/tenders, burgers, and sausage across retail and foodservice. Directly comparable to SIMULATE in category, distribution, and target consumer.

TypeEmerging player
Description

Plant-based protein producer offering Chik'n, beef, and pork analogs distributed in US retail. Direct competitor to SIMULATE in plant-based chicken alternative category.

TypeEmerging player
Description

Smaller plant-based frozen meals and nugget/tender brand competing in similar retail frozen aisles as NUGGS. Comparable as a single-product-focused emerging plant-based competitor.

TypeBroad incumbent
Description

Incumbent protein major with a plant-based product line (Raised & Rooted) including nuggets and tenders. Comparable as a large, established player with overlapping plant-based chicken analog SKUs.

TypeDirect peer
Description

Plant-based chicken brand offering frozen and refrigerated whole-cut chicken pieces. Directly comparable to NUGGS as a focused plant-based chicken analog brand competing for retail and foodservice shelf.

TypeDirect peer
Description

Plant-based brand offering tempeh, burgers, sausages, and Chik'n products across North American retail. Direct competitor to NUGGS in the plant-based chicken analog and broader meat-alternative category.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors19 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

SIMULATE

Plant-based Meat Alternativessimulate.com

SIMULATE is a New York-based plant-based food company that develops and sells NUGGS, a vegan chicken nugget alternative, through retail grocery and foodservice channels including fast food chains.

What SIMULATE does

SIMULATE (doing business as NUGGS) is a New York-based, privately held food technology company founded in 2018 that develops and sells plant-based chicken nugget alternatives under its NUGGS brand. The company's core product is a vegan nugget formulated as a direct substitute for conventional chicken nuggets, positioned within the broader alt-protein category. The company sells through two primary channels: retail grocery distribution for direct-to-consumer purchases, and foodservice partnerships targeting fast food chains. Its customer base spans health-conscious retail consumers seeking plant-based protein options and enterprise foodservice buyers seeking menu diversification into plant-based items. SIMULATE self-describes as a nutrition technology startup, though the disclosed technology is plant-based meat formulation rather than software or data-driven systems.

The company raised approximately $61 million across four funding rounds from 2018 to 2021, including a $50 million Series B in June 2021 led by Seven Seven Six (Alexis Ohanian's firm) with participation from McCain Foods. Founder Ben Pasternak (Australian entrepreneur, 2021 Forbes 30 Under 30 nominee) led the company, with Sam Terris listed as co-founder and CEO. Use of Series B proceeds targeted product development, manufacturing scale-up, significant retail expansion, and international market entry beginning with Canada. In October 2024, SIMULATE was acquired by Ahimsa Companies, a plant-based-focused investor, in a cash-and-equity transaction framed as an effort to revitalize the NUGGS brand and support further product innovation and expansion.

SIMULATE firmographics

Firmographics
Name
SIMULATE
Legal name
Simulate
Website
https://simulate.com
Company type
Private
Founded year
2019
Operating status
Acquired
Headcount range
11–50 employees
Short description
SIMULATE is a New York-based plant-based food company that develops and sells NUGGS, a vegan chicken nugget alternative, through retail grocery and foodservice channels including fast food chains.
Ownership category
akta.pro rank

SIMULATE industry classification

Industry
Product category
Plant-based Meat Alternatives
NAICS
Food Manufacturing (311)
SIC
Miscellaneous Food Preparations & Kindred Products (2090)
akta.pro primary industry
Finished Meat-Alternative Prepared Foods (Nuggets, Burgers, Sausages, Ready Meals) (AFANAKAO)
akta.pro secondary industry
Plant-Based Poultry Alternatives (Analog Chicken/Turkey) (AFANAKAL)

Keywords

  • Plant-based meat
  • Chicken alternatives
  • Vegan nuggets
  • Nutrition technology
  • Sustainable protein

Where SIMULATE is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Markets served

SIMULATE business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D

Revenue model

  1. Plant-based food product sales: Revenue generated from selling plant-based nugget products (NUGGS) through retail and foodservice distribution channels

Go-to-market motion2 records

Distribution channels3 records

Marketing channels1 record

SIMULATE product offering

Product offering

Core offering

SIMULATE is a nutrition technology startup that develops and sells NUGGS, a plant-based chicken nugget brand. The company formulates and produces vegan chicken nugget alternatives marketed to health-conscious retail consumers through grocery channels and to foodservice operators such as fast food chains. Following its October 2024 acquisition by Ahimsa Companies, the NUGGS brand is being revitalized and scaled.

Product overview

SIMULATE is a nutrition technology startup that offers plant-based food products. The company's primary product is NUGGS, a plant-based chicken nugget brand. The company operated as a single-product focused business before being acquired by Ahimsa Companies, which aims to enhance the NUGGS products and revitalize the brand.

Differentiator

Problem solved

Functional benefit

Brands

  • NUGGS: Plant-based chicken nugget brand produced by Simulate.

Products and services

  • NUGGS

Companies that use SIMULATE

Customer profile

Segments2 records

Ideal customer profiles2 records

SIMULATE technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

SIMULATE partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

SIMULATE competitors and assessment

Company assessment

Broad incumbents

  • MorningStar Farms: Established plant-based protein brand owned by Kellanova offering a broad portfolio of veggie nuggets, Chik'n products, and burgers. Comparable to SIMULATE on retail frozen/meat-alternative positioning but at much greater scale and SKU breadth.
  • Sweet Earth Foods: Plant-based and mindful-meals brand (owned by Nestlé) offering frozen protein bowls, burritos, and Chik'n products. Comparable on plant-based retail frozen positioning.
  • Tyson Foods (Plant-Based / Raised & Rooted): Incumbent protein major with a plant-based product line (Raised & Rooted) including nuggets and tenders. Comparable as a large, established player with overlapping plant-based chicken analog SKUs.

Direct peers

  • Impossible Foods: Plant-based meat producer (beef, chicken, sausage) sold in retail and foodservice, including major QSR partnerships (Burger King, White Castle). Direct competitor to SIMULATE in the alternative-protein category.
  • Quorn: Producer of mycoprotein-based meat alternatives including nuggets, tenders, and Chik'n cutlets sold in retail and foodservice. Comparable to SIMULATE on alternative-protein technology and chicken-analog SKU focus.
  • Beyond Meat: Largest pure-play plant-based meat company offering plant-based chicken nuggets/tenders, burgers, and sausage across retail and foodservice. Directly comparable to SIMULATE in category, distribution, and target consumer.
  • Daring Foods: Plant-based chicken brand offering frozen and refrigerated whole-cut chicken pieces. Directly comparable to NUGGS as a focused plant-based chicken analog brand competing for retail and foodservice shelf.
  • Lightlife (Garden Protein International): Plant-based brand offering tempeh, burgers, sausages, and Chik'n products across North American retail. Direct competitor to NUGGS in the plant-based chicken analog and broader meat-alternative category.

Emerging players

  • Before the Butcher: Plant-based protein producer offering Chik'n, beef, and pork analogs distributed in US retail. Direct competitor to SIMULATE in plant-based chicken alternative category.
  • Alpha Foods: Smaller plant-based frozen meals and nugget/tender brand competing in similar retail frozen aisles as NUGGS. Comparable as a single-product-focused emerging plant-based competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

SIMULATE social profiles

Digital presence

SIMULATE financial estimates

Financial estimate

Revenue estimate

Valuation estimate

SIMULATE leadership team

Management profile

Number of profiles

Profiles2 records

SIMULATE funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors19 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

SIMULATE M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SIMULATE

What does SIMULATE do?

SIMULATE is a nutrition technology startup that develops and sells NUGGS, a plant-based chicken nugget brand. The company formulates and produces vegan chicken nugget alternatives marketed to health-conscious retail consumers through grocery channels and to foodservice operators such as fast food chains. Following its October 2024 acquisition by Ahimsa Companies, the NUGGS brand is being revitalized and scaled.

Is SIMULATE a public or private company?

SIMULATE is a private company. It is classified as corporate owned and is currently acquired.

When was SIMULATE founded?

SIMULATE was founded in 2019. It employs 11 to 50 people.

Where is SIMULATE based?

SIMULATE is headquartered in New York, United States, in the North America region.

How does SIMULATE make money?

One revenue line is on record: plant-based food product sales.

Who are SIMULATE's main competitors?

Broad incumbents on record are MorningStar Farms, Sweet Earth Foods and Tyson Foods (Plant-Based / Raised & Rooted). Direct peers are Impossible Foods, Quorn, Beyond Meat, Daring Foods and Lightlife (Garden Protein International). Emerging players are Before the Butcher and Alpha Foods.

Does SIMULATE have an API?

No public API is recorded for SIMULATE.

What industry is SIMULATE in?

SIMULATE's product category is Plant-based Meat Alternatives. Its primary akta.pro industry code is AFANAKAO, Finished Meat-Alternative Prepared Foods (Nuggets, Burgers, Sausages, Ready Meals), with a secondary code of AFANAKAL, Plant-Based Poultry Alternatives (Analog Chicken/Turkey). Its NAICS code is 311 and its SIC code is 2090.

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Live signals
3dsA Framework for Wind Turbine Noise Reduction3DS Blog outlines a simulation-based framework using SIMULIA software to predict and mitigate wind turbine noise, specifically targeting aero-acoustic and vibro-acoustic sources. The methodology demonstrated noise reductions of up to 4 dB through blade serration optimization and drivetrain vibration analysis, enabling operators to avoid costly power curtailments and accelerate certification. This approach supports regulatory compliance and improves community acceptance for expanding wind energy projects.vegconomistSimulate Announces Acquisition by Ahimsa CompaniesSimulate, the producer of plant-based brand NUGGS, has been acquired by plant-based investor Ahimsa Companies in a combination of cash and equity. This deal follows Simulate's previous $50 million Series B funding and addresses its need for capital as it seeks to scale its fiber-spun technology and revitalize its product line. Ahimsa Companies plans further acquisitions in the sector, aiming to drive industry consolidation.AdweekTop 10 Plant-Based Food Marketing Moves of 2022This article reviews the top ten plant-based food marketing campaigns of 2022, highlighting strategic efforts by brands such as Wholly Veggie, Quorn, Simulate, and Burger King to capture market share in the $7.4 billion U.S. industry. The report notes that while consumer appetite for faux meat may have cooled, demand remains strong for non-dairy and veggie-centric alternatives, driving brands to use humor and distinctive tactics like music festival activations. These marketing moves aim to differentiate products in an increasingly crowded marketplace dominated by major players.Business InsiderI'm a 22-year-old founder who raised more than $57 million for my startup. Here's how I landed investors like Alexis Ohanian.Ben Pasternak, founder of Simulate, raised $50 million in June 2021 from investors including Alexis Ohanian and Jay-Z. The company, which sells vegan chicken nuggets, is now worth over $250 million and stocked in 5,000 US retail locations.PR NewswireMassive IPOs and M&A Activity Reveal Market's Appetite for Plant-based StocksThe plant-based food industry continues to attract significant capital, with Oatly's $1.4 billion IPO in May 2021 and SIMULATE's $50 million funding round highlighting strong investor appetite for the sector projected to grow a hundredfold by 2050. Else Nutrition has emerged as a notable performer, reporting Q1 2021 revenues of C$1.135 million representing 282% growth year-over-year, while expanding its retail presence to over 1,000 outlets and achieving top rankings on Amazon in the baby and toddler nutrition category. Major food companies including Conagra Brands, ADM, and Tyson Foods are responding to surging consumer demand by launching new plant-based product lines and investing in dedicated facilities, with ADM opening a plant-based innovation lab in Singapore to serve the Asia-Pacific market.AgFunderNewsBrief: Jay-Z fund backs plant-based NUGGS maker SimulateJay-Z's Marcy Venture Partners and Arrive have backed plant-based meat maker Simulate, which produces the NUGGS product. This investment continues Jay-Z's pattern of supporting agrifoodtech ventures, following previous investments in companies like Impossible Foods and Oatly.Progressive GrocerMaker of Simulated Chicken Nuggets Raises $50M in Series B FundingSimulate, a New York-based nutrition startup that makes Nuggs plant-based chicken nuggets, raised $50 million in Series B funding led by Seven Seven Six, with investors including Chris and Crystal Sacca, NOMO Ventures, McCain Foods, Imaginary Ventures and Day One Ventures. Co-founder Ben Pasternak joined the board. Nuggs is sold at over 5,000 locations, including Walmart, Sam's Club, Target and Whole Foods, with plans to add 10,000 more by year-end.ForbesReddit Cofounder Alexis Ohanian Leads $50 Million Series B Funding In Plant-Based Meat Startup SIMULATEReddit cofounder Alexis Ohanian led a $50 million Series B round in SIMULATE, the plant-based meat startup behind NUGGS chicken nuggets, through his firm Seven Seven Six, and joined its board. The round also includes Chris and Crystal Sacca, NOMO Ventures, McCain Foods, Imaginary Ventures and Day One Ventures. Pasternak plans to triple his team, expand manufacturing and enter foodservice chains.Crunchbase NewsSeven Seven Six-Backed SIMULATE Gobbles Up $50M Series B To Expand Food ProductsPlant-based food startup SIMULATE secured $50 million in Series B funding led by Seven Seven Six to expand its product line and retail presence. The investment, which brings the company's total raised capital to $61 million, will be used to triple its internal team and develop new offerings like DISCS. This financial backing supports SIMULATE's aggressive growth strategy, with NUGGS now available in over 5,000 retail locations including major chains like Walmart and Target.TechCrunchNuggs creator Simulate raises $50MNew York-based meat alternative startup Simulate announced a $50 million Series B fundraise led by Alexis Ohanian's 776, bringing total funding to over $60 million and valuing the company at $260 million. The company, which rebranded from Nuggs to Simulate, has expanded its flagship product to 5,000 retail locations including Walmart, Sam's Club, Target, and Whole Foods, with the majority of sales now coming from retail rather than direct-to-consumer. Simulate plans to use the funding to expand into restaurants and fast food, grow internationally (already launched in Canada), and increase headcount from 20 to 50 employees by 2022, with over half the hiring focused on engineering.