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

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

05/20/21, 8:45 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgalameda
Money raised
$54 million
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 Info

Company
Terviva
Location
alameda, california, united states
Additional Info
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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