McCain helped meatless nugget producer Simulate secure a $250m valuation while retail technology developer Grabango raised $39m from investors including Unilever and Honeywell.
Funding
Simulate, the US-headquartered owner of meatless chicken nugget brand Nuggs, has raised $50m from investors including frozen food producer McCain Foods, Bloomberg reported today. Venture capital firm Seven Seven Six led the round, which valued the company at $250m according to a person familiar with the matter, and it included Nomo Ventures, Imaginary Ventures, Day One Ventures and private investors Chris Sacca and Crystal Sacca. It followed an $11m series A round closed in July 2020 that was led…
