Published:
March 13, 2020
Services:
CPG More...
Priorities:
“Better-for-You” Transformation More...
Topics:
Activities:
Acquisition More...
Further Reading
Bota Bio raises $100 million Series B for sustainable biomanufacturing
News Commentary | August 06, 2021
Led by Sequoia Capital China, this funding will help Bota Bio expand its integrated technology platform Bota Freeway from lab to pilot scale. This Series B round closely follows BASF's recent investment in the company, bringing Bota Bio's total funding to $145 million to date. The startup focuses on... Not part of subscription
Future Farm completes $58 million Series C funding for international expansion of alternative meat and dairy products
News Commentary | November 11, 2021
The funding round, co‑led by BTG and Rage Capital, alongside existing investors Monashees, Go4It Capital, Turim MFO, and Enfini Ventures, will help Future Farm expand into more retail outlets, building on its current 10,000 locations across 24 nations, and add plant‑based milk and dairy products (... Not part of subscription
MycoTechnology raises USD 85 million Series E round for global scale-up
News Commentary | April 08, 2022
MycoTechnology announced a USD 85 million round to enable global scale‑up of its range of mycelium products. The funding was led by Oman Investment Authority, bringing the company's total revenue to more than USD 200 million. It is looking to expand its sales territory to Europe, Asia, and the ... Not part of subscription
by Thomas Hayes
The $200 million in funding came from the founders, a mix of industry veterans. The newly formed entity acquired Livekindly Media, from which its name derives, and two plant-based chicken brands in LikeMeat (from Germany) and The Fry Family Food Co. (from South Africa). It has set up partnerships with poultry companies PHW Group in Europe and RCL Foods in South Africa. Additionally, it acquired an equity stake in Puris, the pea protein supplier that has a JV with Cargill. The press release mentioned that the group plans to continue acquisitions, signaling that Livekindly Co. is looking to scale big and scale fast. Clients, plant proteins are reaching unprecedented levels of commercial maturity. Move swiftly or be left behind.
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