NotCo's focus on developing new plant-based ingredients and products was a key part of the company's pitch to investors in its latest funding round, Founder and CEO Matias Muchnick, second from right, told Business Insider.Chile-based NotCo announced its most recent round of funding led by L Catterton and Future Positive on Wednesday.
NotCo, founded in 2015 and based in Santiago, Chile, raised $85 million in a Series C funding round, the company said Wednesday. Venture capital firm Future Positive and private equity shop L Catterton led the raise, which brings the total amount NotCo has raised to $110 millionThe company already sells its products in restaurants and retailers in Latin America, including Burger King Chile, which introduced the Rebel Whopper using NotCo patties earlier this year.
Compiling that data is key for finding just the right combination of ingredients, Muchnick said. "You can find many ways of replicating the protein of meat, but that protein doesn't necessarily go with the flavor or texture or smell or color" of its animal analogue, he said.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
European enterprise investor Dawn Capital raises $400 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Who to hire and when: CEO of Skillshare, which just raised $66 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Interesting Check out my Gig on Fiverr: I will make 3d logo animation videos
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Pitch deck: Insurance startup Descartes raises $18.5 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This is ridiculous. Insurance is the one of the real cancers in this world. And seriously an insurance policy on Climate Change? Yet another corrupt Ponzi scam!
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Business Insider's top advertising and media stories for September 10 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
InMarket acquires location-based marketing firm NinthDecimal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »