Meat-free food ingredient supplier Motif FoodWorks has added $27.5m to a $90m round featuring Louis Dreyfus and Fonterra earlier this year.
Motif FoodWorks, a US-based food ingredient developer spun off by biotech producer Ginkgo Bioworks, raised $27.5m yesterday in a funding round led by growth equity firm General Atlantic.
CPT Capital, the venture capital arm of Jeremy Coller’s family office, also contributed to the round, which was disclosed alongside the company’s rebranding from Motif Ingredients.
Motif supplies food producers with meat-free ingredients made up of fermented microbes that have been bioengineered using Ginkgo’s platform to achieve a specific taste. It aims…