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Global Food Tech Unicorn Notco Closes $70M In Funding To Fuel New B2B Platform

PRIVATEDec 12, 2022

Amount Raised

$70 Million

Round Type

Funding Round

New YorkManufacturingAgriculture and FarmingFood And BeverageVenture CapitalAngel Investment

Investors

Kaszek VenturesPrinceville Capital

Description

NotCo, the fast-growing food tech company with a first-of-its-kind patented A.I. technology, Giuseppe, today announced it has closed $70M in new funding as a Series D1. The new capital will catapult the company’s new B2B Unit which will enable other CPG brands, ingredient suppliers and technology providers to leverage Giuseppe for their own innovation purposes and exponentially accelerate the transformation of the plant-based industry. NotCo will continue to operate its branded business, NotCo Food, offering products like NotMilkTM, NotBurgerTM and NotChickenTM through retail and food service businesses nationwide.

Quick answer

NotCo raised $70 Million in a Funding Round round, dated December 12, 2022. Investors: Kaszek Ventures and Princeville Capital. NotCo is based in New York, United States.

How much did NotCo raise?
NotCo raised $70 Million in a Funding Round round on December 12, 2022.
Who invested in NotCo?
Kaszek Ventures and Princeville Capital are named as investors in this round.
What does NotCo do?
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.
Where is NotCo based and how big is it?
NotCo is based in New York, United States.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Food And Beverage around the same time

Companies in the same sectors as NotCo that raised within 45 days of this round, from Fundz verified event records.

  • UPP raised $653K (Seed) on January 26, 2023.
  • Rebellyous raised $20M on January 23, 2023.
  • Arkeon raised an undisclosed amount (Funding Round) on January 19, 2023.
  • Evigence raised $18M (Series B) on January 17, 2023.
  • No Meat Factory raised $42M (Series B) on January 12, 2023.
  • PBS Biotech raised $22M (Funding Round) on January 9, 2023.

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Company Information

Company

NotCo

Location

New York, United States

About

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™, NotChicken™ and NotMayo™ across countries including the U.S., Brazil, Argentina, Chile, and Colombia and in less than three years became 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 enables NotCo to be a powering tool for food and beverage innovation partnering with other companies to accelerate the transformation of the food industry. For more information, please visit www.notco.com.

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