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Jeff Bezos-Backed Notco Gets Funding At $1.5-Billion Valuation

Jeff Bezos-Backed Notco Gets Funding At $1.5-Billion Valuation

07/26/21, 11:41 AM
Bengaluru: Amazon founder Jeff Bezos-backed NotCo has raised $235 million in a funding round led by Tiger Global, valuing the plant-based foodtech startup at $1.5 billion.

Company Info

Company
Not Co
Additional Info
NotCo is an industry-changing, fast-growth food tech leader and the only global company disrupting massive food and beverage segments including dairy, eggs, and meat simultaneously. NotCo has launched products including NotMilk™, NotBurger™, NotMeat™, NotIceCream™ and NotMayo™ in the U.S., Brazil, Argentina, Chile, and Colombia and in less than three years has become the fastest-growing food tech company in Latin America. NotCo utilizes a proprietary artificial intelligence technology, Giuseppe, which matches animal proteins to their ideal replacements among thousands of plant-based ingredients. Its one-of-a-kind technology will eventually enable NotCo to be a powering tool for food and beverage innovation partnering with other companies to accelerate of the transformation of the food industry. For more information, please visit www.notco.com.
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