Yali Bio Raises $3.9M Seed Round To Advance Plant Based Cultured Fat Production
02/22/22, 10:50 AM
Location
san franciscoMoney raised
$3.9 million
Round Type
seed
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 Info
Location
san francisco, california, united states
Additional Info
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.