SG's Next Gen Foods raises $100m in largest Series A round by alt protein firm

Alternative chicken maker Next Gen Foods has raised $100 million in a Series A round from Indonesia-based venture capital firm Alpha JWC Ventures and other backers.

Other new investors include EDBI, the investment arm of Singapore’s Economic Development Board, and UK-based MPL Ventures, a venture capital firm owned by Paul McCartney that typically invests in music companies.

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