/PRNewswire/ GP Capital Partners, LP ("GP Capital Partners" or the "Fund") is pleased to announce a recent strategic growth investment in Qualitas Health.
/PRNewswire/ GP Capital Partners, LP ("GP Capital Partners" or the "Fund") is pleased to announce a recent strategic growth investment in Qualitas Health.
Qualitas Health/iwi Raises $10M in First Close of New Investment Round
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HOUSTON, Jan. 11, 2021 /PRNewswire/ Plant-based omega-3 pioneers, Qualitas Health, DBA iwi, announces it has secured $10 million in venture funds at a $73million post-money valuation. The investment round is being led by world-class foodTech investor PeakBridge VC, Malta, together with Arancia Group, a privately owned Mexico-based food ingredient/food service conglomerate, Minrav (the company s largest investor) and additional private investors. Additional convertible notes held by Minrav Holdings, Sasa, Trucent and other single investors are converted to equity. The investment will accelerate customer acquisition, and commercialization of the company s unique plant-based protein. The funds will also be used to deepen its strong clinical science and IP and accelerate its expansion into additional geographies.
Looking for some good news? Well, look no further as hot off the press is good news from several Hot50 winners starting with plant-based omega-3 pioneers, Qualitas Health, DBA iwi, which has secured $10 million in venture funds at a $73 million post-money valuation, to accelerate growth and build their unique plant-based protein. And Fluid Quip getting a majority stake investment from Green Plains, Neste acquiring a minority stake in Alterra Energy, and further announcements from Novozymes (Innova Yeast), Kula Bio, Enerkem and other Hot50 winners help explain why they are on the 2021 Digest’s Hot50 list.
In today’s Digest, details on iwi’s new investment round and a dive into the latest Hot50 announcements that give us excitement about the now and hope for the future.