Terviva Closes $54M In Financing To Commercialize Sustainable Food Ingredients, Launches Collaboration With Danone

May 20, 2021•over 4 years ago

Amount Raised

$54 Million

Alameda

Description

Terviva, a food and agriculture company, announced today it has raised $54 million in equity capital to commercialize its highly-sustainable, new-to-market culinary oil and plant protein. Terviva expects to close an additional $24M in equity and debt capital this quarter, for a total of $78M in capital to drive its expansion.

Company Information

Company

Terviva

Location

Alameda, California, United States

About

Terviva is a food and agriculture company that delivers tasty and nourishing plant-based food ingredients from the pongamia tree. We provide patented high-yielding trees and offer proprietary bean processing to create the world's most sustainable oil and protein food ingredients. Pongamia trees restore farmland to productive use, helping farmers feed people while taking care of the planet. Learn more at Terviva.com. Contact: Justin Wilson 202-531-3051 [email protected] SOURCE TerViva

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Terviva Closes $54M In Financing To Commercialize Sustainable Food Ingredients, Launches Collaboration With Danone

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