Motif FoodWorks has added $27.5m to a $90m round earlier this year that was raised as MIT spinout Ginkgo Bioworks set up the meat-free food ingredient supplier.
Motif FoodWorks, a US-based food ingredient developer spun out of biotech producer Ginkgo Bioworks – itself a spinout of Massachusetts Institute of Technology –, 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…
