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Tyson Ventures invests in vegetable shrimp

New Wave Foods raises $ 18 million in a series A funding round

New Wave Foods, a San Francisco, California-based manufacturer of a plant-based shrimp alternative, raised $ 18 million in a Series A funding round, Forbes reported. This figure includes an investment by Tyson Ventures, the venture capital arm of Tyson Foods. "The product, based on seaweed and mung beans, will debut in bistros and restaurants this year," said Mary McGovern , CEO of New Wave. The company...

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EFA News - European Food Agency