Protein Report

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Investments

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Plant Genetics Company NuCicer Closes Oversubscribed $4.5M Series Seed Round to Bring Ultra-High Protein Chickpeas to Market
newswire

Plant Genetics Company NuCicer Closes Oversubscribed $4.5M Series Seed Round to Bring Ultra-High Protein Chickpeas to Market

NuCicer, a crop genetics company pioneering ultra-high protein varieties of chickpea, today announced the closing of a $4.5 million Series Seed financing round. Lever VC, an early-stage venture capital firm focused on innovative technologies and brands in the alternative protein space, led NuCicer’s round. Other participants included The House Fund, a fund backed by the University of California Endowment, as well as Trellis Road and Lifely VC.

Tiba Tempeh, Founded by Kraft Heinz Veterans, Closes £500k Seed Round to Take Tempeh Mainstream
newswire

Tiba Tempeh, Founded by Kraft Heinz Veterans, Closes £500k Seed Round to Take Tempeh Mainstream

UK plant-based start-up Tiba Tempeh announced today it has closed a £500k seed round to accelerate its growth as it prepares for listings with major UK supermarkets and international expansion. The funding will be used to launch new product innovation, grow the team, and support marketing efforts to drive consumer awareness and trial of tempeh. The investment round was taken by Lever VC, a leading global investor in the alternative protein category whose partners are investors in Beyond Meat, Impossible Foods, THIS, and many other category leaders.  

Russian plant-based meat pioneer Welldone raises $1.5 million to fuel expansion
newswire

Russian plant-based meat pioneer Welldone raises $1.5 million to fuel expansion

Fast-growing Russian plant-based meat startup Welldone announced today the close of a $1.5 million funding round to significantly expand production capacity to meet the company’s rapid growth in sales. The round was led by Phystech Ventures, an international fund investing in deep tech startups globally, with participation from Lever VC, a leading global investor in the alternative protein category.

Delivery Hero-backed DX Ventures invests in Bluu Biosciences to pave the way for cell-based fish in Europe’s kitchens
newswire

Delivery Hero-backed DX Ventures invests in Bluu Biosciences to pave the way for cell-based fish in Europe’s kitchens

Since its successful launch in January, Delivery Hero-backed DX Ventures has focused on becoming a trusted venture capital partner for innovative technology startups across a diverse range of industries. With its investment in Bluu Biosciences as part of the company’s seed funding round, DX Ventures continues to support efforts to create a more sustainable global food system. 

Alternative Protein Fund Lever VC Announces $46 Million Fourth Close, 2.33x Growth in Portfolio Value
newswire

Alternative Protein Fund Lever VC Announces $46 Million Fourth Close, 2.33x Growth in Portfolio Value

Global alternative protein venture capital fund Lever VC announced today the recent completion of a $46 million fourth close of its Lever VC Fund I. The Fund’s third and fourth close included the addition of three corporate strategic investors from Europe and Asia—including one of the world’s largest Agri-Food companies, with annual revenue over $50 billion USD—as well as capital from NFL and NBA athletes, British nobility, and a global range of family offices.

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