Wildtype Raises $100M in Series B
Wildtype has successfully raised $100M in a Series B at a $400M valuation led by L Catterton, Leonardo DiCaprio, Robert Downey Jr..
Company Overview
Wildtype is a FoodTech company headquartered in San Francisco, CA, founded in 2016 with 70+ employees.
Cell-cultured salmon
Fundraising Details
- Amount Raised: $100M
- Round Type: Series B
- Valuation: $400M
- Date: 2021-09-14
- Investors: L Catterton, Leonardo DiCaprio, Robert Downey Jr.
About Wildtype
Cell-cultured salmon The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: San Francisco, CA
- Founded: 2016
- Team Size: 70+
- Industry: FoodTech
What This Means
This funding round demonstrates strong investor confidence in Wildtype's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The FoodTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Wildtype's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $400M valuation marks an important milestone for Wildtype, positioning the company among notable players in the FoodTech industry.
Looking Ahead
With this new capital, Wildtype is well-positioned to execute on its growth strategy and continue building innovative solutions in the FoodTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2021-09-14. For more information about Wildtype, visit their headquarters at San Francisco, CA.
