Alt protein maker Next Gen raises $20m from Temasek, GGV Capital, others

Alt protein maker Next Gen raises $20m from Temasek, GGV Capital, others

Source: Next Gen

Alternative protein startup Next Gen Foods on Tuesday announced it has bagged $20 million in an extended seed funding round. New investors in the round include global venture capital firm GGV Capital.

The latest tranche takes Next Gen’s total seed financing to $30 million. It had raised $10 million in the first tranche of the seed round in January this year.

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