NotCo is a fast-growing Food-Tech company based in Chile with a first-of-its-kind patented A.I. technology that creates plant-based foods that appeal to the mass market. Since its inception, NotCo has fastly conquered the global market, being the only company to disrupt plant-based alternatives to the three main animal-based protein categories (dairy, eggs, and meat).
The company raised $235,000,000 in Series D round led by Bezos Expeditions and 10 other investors, including Lewis Hamilton and Roger Federer. NotCo has previously managed to raise a total of $125M in funding over five rounds. The new capital will bring the company’s valuation to $1.5 billion.
Plant-based meat, egg, and dairy manufacturing products companies have gone mainstream in recent years, receiving $2.1 billion in investments in 2020 compared to US$747 million in 2019.