”Innovative Food” Investment Reaches $4.8bn

Innovative Food — including alt-protein — witnessed 103% growth last year over 2020 to also reach $4.8 billion in investment. Familiar names such as Impossible Foods, NotCo, Perfect Day, Future Meat, and Nature’s Fynd were behind the category’s biggest rounds (Impossible Foods was the only upstream startup to close a round above $500 million in 2021.)

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