NotCo Raises $235M Series D Financing

July 26, 2021Client News

Gunderson Dettmer represented client NotCo, a food technology company making plant-based milk and meat replacements, in its $235 million Series D financing led by Tiger Global. The new funding brings the company’s valuation to $1.5 billion.

In the announcement of the transaction, founder and CEO of NotCo Matias Muchnick said, “Our technology is based in AI so that we can create a different food system, as well as products faster and better than others in the space. There are 300,000 plant species, and we still have no idea what 99% of them can do.”

The Gunderson deal team was led by Daniel Green and Bradley Krack and included Colin Chapman, Nathaniel Gray, Sunny Kim and Isabella Thornton-Clark.