February 8, 2023

Fungi-Powered Ingredients Startup Michroma Promising To Remove Petroleum From Food Colorings Raises $6.4 Million In Venture Funding

San Francisco-headquartered startup, Michroma, which uses fungal biofactories to produce natural food coloring and flavors, has amassed $6.4 million in a recent venture-backed seed round, and is currently in talks with consumer heavyweights, including Danone, Grupo Bimbo, and NotCo, to bring their sustainable products to the market over the next two years upon the FDA approval.
December 13, 2022

NotCo raises $70m to offer AI-platform to wider industry and ‘exponentially accelerate the transformation of the plant-based industry’

Santiago-based NotCo – a food tech company deploying a proprietary artificial intelligence (AI) platform called ‘Giuseppe’ to bring a new level of sophistication to the formulation of meat and dairy alternatives – has raised $70m in a series D1 round* led by Princeville Capital to build out a b2b platform enabling third parties to use its technology.
May 18, 2022

Brightseed raises $68 million in Series B funding

Brightseed, a biotechnology startup, has raised $68 million in Series B funding led by Temasek, with participation from new and existing investors.