NotCo gets its horn following $235M round to expand plant-based food products
Foodtech company NotCo, making plant-based milk and meat replacements, finished up another financing round this year, a $235 million Series D round that provides it a $1.5 billion assessment. Tiger Global led the round and was joined by new financiers, consisting of DFJ Development Fund, the social effect structure, ZOMA Laboratory; athletes Lewis Hamilton and Roger Federer; and musician and DJ Questlove. The company is running in the middle of a pattern towards eating much healthier food, as more consumers also question how their food is made, resulting in demand for alternative proteins. NotCo’s exclusive artificial intelligence innovation, Giuseppe, matches animal proteins to their ideal replacements among thousands of plant-based ingredients.”NotCo has actually developed world class plant-based food products that are quickly acquiring market share,” said Scott Shleifer, partner at Tiger Global, in a composed declaration. …
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