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Foodtech investor Lever VC holds fourth close of Fund I at $46m
A package of Beyond Meat Inc. plant-based sausage is displayed for a photograph in Tiskilwa, Illinois, U.S., on Tuesday, April 23, 2019.
April 14, 2021
Lever VC has made the fourth close of its Lever VC Fund I at $46 million as it gears up to ramp up investments in early-stage alternative protein startups around the world. The firm is slated to make the final close of its fund by June this year.
Following its first close of $23 million in mid-2020, the fund’s third and fourth close include the addition of three corporate strategic investors from Europe and Asia, said Lever VC in a statement on Tuesday. These strategic investors include one of the world’s biggest agri-food companies that has over $50 billion in annual revenue, it said, without naming this limited partner (LP). ....

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