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Waycool Foods Closes $117-Million Funding Round To Push Deeptech, Automation

Jan 13, 2022•over 3 years ago
Chennai

Description

Chennai: Agritech startup WayCool Foods has racked up $117 million in an ongoing Series D funding round that saw the participation of new and existing investors, including LightRock, LightBox, FMO, Lightsmith, World Bank’s International Finance Corp., Redwood Equity Partners and Gawa Capital.

Company Information

Company

Way Cool Foods

Location

Chennai, Tamil Nadu, India

About

The company had in October raised $13 million as part of the latest fundraise. The company is also looking to enter the alternative meats segment, cofounder and chief executive officer Karthik Jayaraman told ET. The Chennai-based agritech startup also plans to strengthen its private labels, particularly in the value-added foods category.