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

Feb 15, 2022over 3 years ago

Amount Raised

$100 Million

Round Type

series a

Software

Description

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 Information

Company

Next Gen Foods

About

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.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech