News Commentary | April 18, 2019
Builders VC led the round, while other investors included Breakout Ventures, Viking Global Investors, KdT Ventures, Plug and Play Ventures, Sahsen Ventures, and Godfrey Capital. With this funding secured – along with partners Beyond Surface Technologies and DIC – Checkerspot now has an improved ... Not part of subscription
News Commentary | November 05, 2019
SMI is successful as a niche manufacturer and has had a long operating history since the 1970s. However, this upcoming acquisition raises more questions than answers, as Global Materials is not an active company, and its supposed CEO Monica Rommel appears to only be employed at SMI and Harris ... Not part of subscription
News Commentary | June 24, 2020
This loan will be applied to growth and general corporate needs, and indicates several developmental characteristics of Provivi. First, the company is likely making good progress in its efforts to commercialize, as these loans are typically paid back in monthly intervals. Second, it suggests that ... Not part of subscription
by Thomas Hayes
CPT Capital led the round, with Germany poultry company PHW Group also participating. Redefine Meat (formerly Jet-Eat) will use the funding to complete the development of its 3D printer system, scheduled for release in 2020. This comes within a week of the funding announcement for NovaMeat. Redefine Meat and NovaMeat are two of the three developers specifically targeting 3D printers for plant-based meats; the other is SavorEat. Much like 3D printing of food in general, this approach is only suitable for low-volume/high-value applications. Given that 3D printing of plant-based meats is essentially a niche within a niche, we do not recommend that clients engage with this space.
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