Tech Company Financing Transactions
New Age Meats Funding Round
New Age Meats, based in San Francisco, secured $25 million from Hanwha Investment, ff Venture Capital and IndieBio.
Transaction Overview
Company Name
Announced On
9/28/2021
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Proceeds Purpose
The company will use the funds to double the size of its workforce, build a 20,000-square-foot pilot manufacturing facility in Alameda, Calif., and perfect the taste of its first product offering -- a variety of sausage products.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
479 Jessie St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Overview
At New Age Meats, we make meat from animal cells instead of animal slaughter. We can craft meat to be tastier, healthier, and more sustainable than meat made any other way.
Management Team
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