September 11, 2020
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
Chilean food-tech startup receives $85 mln from Future Positive and L Catterton in Series C round