Motif FoodWorks, which traces its roots to MIT, has pocketed $226m in a round backed by returning investor Louis Dreyfus a month after Motif’s parent agreed to a reverse merger.
Motif FoodWorks, a US-based food ingredient developer launched out of Massachusetts Institute of Technology (MIT)’s biotech spinout Ginkgo Bioworks, has received $226m in a series B round backed by food and transport conglomerate Louis Dreyfus.
Ontario Teachers’ Pension Plan Board and BlackRock co-led the round through Teachers’ Innovation Platform and unnamed funds and accounts, respectively.
They were joined by AiiM Partners, Wittington Ventures, Rethink Food, Rage Capital, Rellevant Partners, Breakthrough Energy Ventures, CPT Capital, General Atlantic and Viking…
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).
