San Francisco-based MycoWorks, manufacturer of vegan leather alternatives from mycelium mushroom, announces the closing of a $45 million Series B financing round with participants including celebrities Natalie Portman and John Legend, and the opening of a major new Reishi™ production plant in Emeryville, California.
Natalie Portman Joins Tender Food’s $12M Seed Round for Plant-Based Meats “Indistinguishable” From Real Thing
Tender Food, a food tech startup based in Boston, has raised $12 million in a seed round featuring actress and animal rights activist Natalie Portman amongst other VC’s, for uniquely textured plant meats. Founded by Harvard engineers, Tender Food uses novel tech to spin plant-based fibers into alt meat, creating whole muscle cut products like chicken breasts, pulled pork, and steaks, and plans to launch its first products later this year. “Our ambition is to make products that are indistinguishable from butchered meat” Claiming that its novel plant-based fiber spinning tech – similar to making cotton candy – gives its alt meat analogs a more similar texture to animal meat, Tender Food will use the new funding to scale production for its coming products lines. …