Tyson Ventures has returned for the plant-based shellfish substitute provider's series A round, bumping its total funding up to $26m.

New Wave Foods, A US-based provider of plant-based shellfish substitutes, closed an $18m series A round backed by Tyson Ventures, the investment arm of meat producer Tyson Foods, on Wednesday.

Venture capital firm New Enterprise Associates led the round, which included Evolution VC Partners and new and existing investors. It increased the company’s total funding to $26m, CEO Mary McGovern told Crunchbase News.

Founded in 2015, New Wave produces plant-based substitutes for prawns it claims are almost indistinguishable from real…