Tyson Foods invests in plant-based shrimp company

📆 05-09-19 16:01:00
📰 CNBC

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New Wave Foods is Tyson Ventures' eight active investment.

Tyson Ventures, the venture capital arm of the meat processing company, is investing in New Wave Foods. Tyson Ventures CFO Tom Mastrobuoni declined to discuss the financial terms of deal but said that Tyson took a minority stake of less than 20% in New Wave.

"I tasted it for the first time in a cafe in Palo Alto, and I had no idea I was eating plant-based shrimp," Mastrobuoni said.

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This is a game changer.

don’t. please. don’t.

A new kind of shrimp farm.

Fake shrimp

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