Mission Barns

Mission Barns Raises $24M in Series A

Mission Barns has successfully raised $24M in a Series A at a $80M valuation led by Agronomics, Clear Current Capital.

Company Overview

Mission Barns is a FoodTech company headquartered in Berkeley, CA, founded in 2018 with 30+ employees.

Cultivated animal fat

Fundraising Details

• Amount Raised: $24M
• Round Type: Series A
• Valuation: $80M
• Date: 2021-08-10
• Investors: Agronomics, Clear Current Capital

About Mission Barns

Cultivated animal fat The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Berkeley, CA
• Founded: 2018
• Team Size: 30+
• Industry: FoodTech

What This Means

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

Valuation Milestone

Reaching a $80M valuation marks an important milestone for Mission Barns, positioning the company among notable players in the FoodTech industry.

Looking Ahead

With this new capital, Mission Barns 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 2021-08-10. For more information about Mission Barns, visit their headquarters at Berkeley, CA.