Calysta has also entered a collaboration agreement with Cargill that will involve Cargill assisting it with manufacturing and marketing efforts.
US-based food and energy technology producer Calysta has raised $30m in a series C round featuring conglomerate Cargill and Pangaea Ventures, a venture firm backed by chemicals company Evonik.
Old Westburg Global Real Asset Fund, managed by multi-family office Bessemer Trust; the Municipal Employee Retirement System (Mers) of Michigan; venture capital firm Walden Riverwood Ventures and agriculture investment fund Aqua-Spark also contributed capital.
Calysta operates two distinct business units, Calysta Energy and Calysta Nutrition. The former develops materials for consumer…
