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Singapore-Based Alternative Protein Startup Next Gen Foods Gets $100M Series A For U.S. Growth

Singapore-Based Alternative Protein Startup Next Gen Foods Gets $100M Series A For U.S. Growth

02/15/22, 11:00 AM
Money raised
$100 million
Industry
software
Round Type
series a
Alternative protein startups have attracted a lot of investor attention over the past couple of years and the trend looks set to continue. The latest startup with funding news is Next Gen Foods, the creator of plant-based chicken alternative TiNDLE. The company announced today it has raised a $100 million Series A that will be used to expand quickly in the United States and on its Singapore research and development center, which is currently under construction.

Company Info

Company
Next Gen Foods
Additional Info
The company announced today it has raised a $100 million Series A that will be used to expand quickly in the United States and on its Singapore research and development center, which is currently under construction. The company plans to hire protein scientists and food technologists in Singapore (which has become a major hub for alternative meat development and production), Europe and the United States.