By Andy Coyne
09 Jun 2021 (Last Updated June 9th, 2021 09:01)
US-based chicken-alternatives business Simulate has raised new funding to support expansion.
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Simulate, the New York-based business behind the Nuggs faux-chicken nuggets brand, has raised US$50m in a Series B funding round.
The round was led by Seven Seven Six, an investment vehicle founded by entrepreneur Alexis Ohanian, and joined by Chris and Crystal Sacca, Nomo Ventures, Canadian frozen potato products giant McCain Foods, Imaginary Ventures and Day One Ventures.
Ohanian joined the board of directors as part of the round, which takes the total funds raised by Simulate to $61m.