Tech Company Financing Transactions
New School Foods Funding Round
On 2/2/2023, New School Foods raised $12 million in Seed funding from Alwyn Capital, Blue Horizon Ventures and Good Startup.
Transaction Overview
Company Name
Announced On
2/2/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand the team of food scientists, scale up its scaffolding technology, and build out a research and production facility.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
44 Gerrard Street East C/o SDZ-345330
Toronto, Ontario, M5G 2K2
CA
Toronto, Ontario, M5G 2K2
CA
Phone
Undisclosed
Website
Email Address
Overview
Producer of plant-based substitutes for seafood intended for consumers around the globe. The company's product emulates the same texture, taste, nutritional benefits, and cooking experience as conventional seafood, enabling consumers to have access to whole-muscle seafood alternatives.
Management Team
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