NotCo funds US expansion plans

NotCo funds US expansion plans

Equity Chile US

Chilean food technology firm NotCo said it plans to enter the US market with the money it received from two new investors in its Series C funding round. NotCo, which uses artificial intelligence to make plant-based substitutes for meat and dairy products, raised $85 million from the venture capital firm Future Positive and the US private equity firm L Catterton, it said in a press release on Wednesday. NotCo's co-founders, CEO Matías Muchnick and CTO Karim Pichara, will move to the United States

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