No Meat Factory eats up new capital to build bigger protein production plant in U.S.

Scalable production of alternative proteins continues to be a big challenge for companies in this sector, and No Meat Factory wants to help with that.
The Canada-based company, which produces alternative proteins for third-party customers, took in $42 million in new Series B capital to build a bigger manufacturing facility in the U.S. No Meat Factory has now raised $60 million to date.
New investor Tengelmann Growth Partners led the round and was joined by existing investor Emil Capital Partners, who initially invested in No Meat Factory when Dieter Thiem and Leon Bell initially co-founded the

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