Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
US-based plant-based protein manufacturer Emergy Foods has received $4.8m in a round led by University of California-backed venture fund Congruent Ventures. Prelude Ventures, Better Ventures, Fifty Years, New Crop Capital, The March Fund I, Trust Ventures, Bluestein and Associates, and undisclosed additional investors also took part. Founded in 2016, Emergy creates plant-based proteins that can be eaten as an alternative to meat and which are intended to be nutritious. The capital will help Emergy open new headquarters, extend its production…
