NEW YORK, NY, NotCo, a food tech company, has raised $235 million in a Series D funding round led by Tiger Global.
NotCo, a food tech company, has raised $235 million in a Series D funding round led by Tiger Global, bringing the company's valuation to $1.5 billion. The Series D also attracted new funds including DFJ Growth Fund and the social impact foundation, ZOMA Lab. Athletes Lewis Hamilton and Roger Federer and musician and DJ Questlove are also joining.
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.
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