The Lever China Alternative Protein Fund, including early investors in Beyond Meat and Impossible Foods, announces today it has completed its first five investments in pioneering early-stage plant-based and cell-cultivated meat companies in China.
Lever China Announces Six New Alternative Protein Investments
Lever China has unveiled six new alt protein investments it has completed in recent months, expanding the Shanghai-based firm’s portfolio to a total of 12 startups in the alt protein sphere. Investing in early-stage startups across plant-based meat and dairy, precision and biomass fermentation, as well as cultivated meat, Lever China is emulating the approach of the Chinese government, which is pursuing alt protein as a critical strategy. Lever China has previously completed investments in rapidly growing plant-based meat companies like Herotein and Haofood, as well as expanding cultivated meat companies like Avant Meats and CellX. The six latest companies that have received early backing from Lever China include: Blue Canopy The Hong Kong-based fermentation protein technology company uses biomass fermentation and precision fermentation technologies …
