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Yali Bio Raises $3.9M Seed Round To Advance Plant Based Cultured Fat Production

Feb 22, 2022•over 3 years ago

Amount Raised

$3.9 Million

Round Type

seed

San Francisco

Description

Yali Bio, a CA-based food tech company focused on designer fats for plant-based meat and dairy products announced today it has raised a $3.9M seed round, bringing their total funding to $5M. The round was led by Essential Capital with participation from new and existing investors: Third Kind Venture Capital, S2G Ventures, CRCM Ventures, FTW Ventures and First-in Ventures. Stephanie Sher and John Goldsmith also participated as angel investors.

Company Information

Company

Yali Bio

Location

San Francisco, California, United States

About

Yali Bio makes climate-smart, novel food ingredients from renewable feedstocks, and is initially focusing on creating designer fats for plant-based meat and dairy products. The company's mission is to use synthetic biology combined with NGS genomics to revolutionize food production and mitigate the overexploitation of our fragile ecosystem. The team has strong expertise in engineering biology for a wide-range of sustainable foods. For more information, visit www.yalibio.com or connect with us on LinkedIn.