NotCo Raises $235M in Series D

NotCo has successfully raised $235M in a Series D at a $1.5B valuation led by Tiger Global, Bezos Expeditions.

Company Overview

NotCo is a FoodTech company headquartered in Santiago, Chile, founded in 2015 with 300+ employees.

AI-powered plant-based food products

Fundraising Details

Amount Raised: $235M
Round Type: Series D
Valuation: $1.5B
Date: 2021-07-20
Investors: Tiger Global, Bezos Expeditions

About NotCo

AI-powered plant-based food products The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Santiago, Chile
Founded: 2015
Team Size: 300+
Industry: FoodTech

What This Means

This funding round demonstrates strong investor confidence in NotCo'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. NotCo's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1.5B valuation marks an important milestone for NotCo, positioning the company among notable players in the FoodTech industry.

Looking Ahead

With this new capital, NotCo 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.

This fundraising news was reported on 2021-07-20. For more information about NotCo, visit their headquarters at Santiago, Chile.