News Briefs

Lever VC raises $23m for alternative proteins

Lever VC,, founded by partners who have invested in Beyond Meat, Impossible Foods and other alternative protein companies, has raised $23m in a first close for Lever VC Fund I.

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Lever VC, which invests in early-stage alternative protein companies, has raised $23 million in capital commitments in a first close of its inaugural fund, according to a written statement. Lever VC Fund I portfolio includes 10 start-ups from the US, Europe and Asia that focus on plant-based and cell-cultivated meat and dairy products.

Source: Firm press release