I can’t believe it’s not meat! Mycelium meat replacement company aims for summer launch of first products
Meati, a company turning mycelium (the structural fibers of fungi) into healthier meat replacements for consumers, is prepping for a big summer rollout.
Co-founder Tyler Huggins expects to have the first samples of its whole-cut steak and chicken products in select restaurants around the country along with their first commercial product, a jerky strip.
For Huggins, the product launch is another step on a long road toward broad commercial adoption of functional fungi foods as a better-for-you alternative to traditional meats.
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Oceanpine Capital leads $73m funding in US biopharma firm Immune-Onc
April 1, 2021
Immune-Onc Therapeutics, a California-based cancer immunotherapy firm co-founded by Chinese pharma specialist Charlene Liao, has raised $73 million in Series B1 and B2 rounds of financing, it announced earlier this week.
The latest funding brings the total capital raised by the company to $110 million, it said in a statement.
Beijing-headquartered Oceanpine Capital was the lead investor in the two rounds, which were joined by return backers Northern Light Venture Capital and Vivo Capital. Following the financing, Oceanpine CEO and managing partner Dave Chenn joined the Immune-Onc board of directors.
The biopharma firm’s Series B1 and B2 rounds also attracted a slew of Chinese investors, including South China Venture Capital, Sherpa Healthcare Partners, BOCOM International Holdings, Triwise Capital, Qianzhan Investment, Yanchuang Capital, Tao Capital and Yinglian Healthcare Fund.
Starbucks is an investor in Brightloom.
Brightloom uses transaction data to create personalized consumer marketing campaigns.
Consumer data is digital gold for chains, Brightloom CEO Adam Brotman told Insider.
While working as chief digital officer at Starbucks, Adam Brotman understood the power of personalized marketing. His team helped build Starbucks famed digital flywheel, pioneering technology that made the chain s app one of the most envied in the industry.
That flywheel refers to Starbucks digital ecosystem loyalty, ordering, payment, and personalization connecting the brand to the consumer through digital channels like the app.
Mobile order-pickup combined with a powerful loyalty program not only drove digital sales at Starbucks, but it gave the Seattle-based chain something much more valuable in today s e-commerce driven economy: consumer data.
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