Originally known as Cambridge Crops, the MIT and Tufts-linked company has added $16m to its coffers.
Mori, a US-based food preservative technology spinout of Massachusetts Institute of Technology (MIT) and Tufts University, has raised $16m in a series B round backed by MIT-linked The Engine.
Tiger Grass Capital-managed Drawdown Fund led the round, which also included Acre Venture Partners, Prelude Ventures, Refactor Capital, Closed Loop Partners and Knollwood Investment Advisory.
Founded in 2014 as Cambridge Crops, Mori produces silk proteins as a food preservative that helps stop products spoiling by retaining moisture, slowing oxygen…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
