Air Protein, a Berkeley, California-based maker of meat made from elements of the air, raised $32M in Series A funding.
The round was led by ADM Ventures, Barclays, and GV (formerly Google Ventures). Unreasonable Collective, an invitation only co-investment club focused on diversifying the investment space that supports ventures leveraging business to solve the world’s most endemic problems, also participated. Ā
The company intends to use the funds to accelerate their work towards providing nutritious alternatives and commercialize a novel technology platform that is capable of scaling to large-scale production.
Led by Lisa Dyson, PhDĀ (CEO), and Dr. John Reed (CSO), Air Protein plans to build a modern meat company introducing nutritious, ultra-sustainable, alternative proteins that can feed the world’s growing population sustainably. Using a proprietary probiotic production process, the protein found in air-based meat is a new form of sustainable protein created from elements found in the air and it has an amino acid profile comparable to meat protein. This process can make food in a matter of hours, and independently from weather conditions and seasons. According to the company, this new protein source will be able to make meatless burgers, protein-enriched pastas, cereals, beverages and more.
FinSMEs
12/01/2020