3F Bio dishes up $8.6m series A

Apr 26, 2018 •

The government-owned Scottish Investment Bank has returned to pour more funding into Strathclyde mycoprotein spinout 3F Bio.

3F Bio, a UK-based food protein spinout from University of Strathclyde, has received £6.2m ($8.6m) in a series A round backed by the university and Scottish Investment Bank (SIB), part of government-owned development agency Scottish Enterprise.

The round also featured angel network EOS Technology Investment Syndicate, venture capital fund Data Collective as well as private investors including Nick Elmslie and unspecified members of the 3F Bio management team.

Founded in 2015, 3F Bio has developed a meat-free mycoprotein called Abunda…

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