Food Tech Pioneer Notco Announces $235M Series D Round At $1.5 Billion Valuation
07/26/21, 12:09 PM
Money raised
$235 million
Round Type
series d
NotCo, the fast-growing food tech company with a first-of-its-kind patented A.I. technology (named Giuseppe) that creates plant-based options that taste, feel, cook, and function just like their animal-based counterparts, has raised $235 million in a Series D funding round led by Tiger Global, bringing the company’s valuation to $1.5 billion. The Series D also attracted new funds including DFJ Growth Fund and the social impact foundation, ZOMA Lab. Athletes Lewis Hamilton and Roger Federer and musician and DJ Questlove are also joining, interested in NotCo’s limitless potential to innovate in the plant-based market.
Company Info
Additional Info
NotCo is an industry-changing, fast-growth food tech leader and the only global company disrupting massive food and beverage segments including dairy, eggs, and meat simultaneously. NotCo has launched products including NotMilk™, NotBurger™, NotMeat™, NotIceCream™ and NotMayo™ in the U.S., Brazil, Argentina, Chile, and Colombia and in less than three years has become the fastest-growing food tech company in Latin America. NotCo utilizes a proprietary artificial intelligence technology, Giuseppe, which matches animal proteins to their ideal replacements among thousands of plant-based ingredients. Its one-of-a-kind technology will eventually enable NotCo to be a powering tool for food and beverage innovation partnering with other companies to accelerate of the transformation of the food industry. For more information, please visit www.notco.com.