Mar 7, 2022
Californian food tech startup Lypid has scored $4 million in a seed funding raise to scale their vegan fat. Green Generation Fund led the round, with Big Idea Ventures and SOSV’s Indie Bio participating, amongst others. New investment will be used to, hopefully, scale and commercialise the company’s flagship fat development, PhytoFat. More data is said to be needed to fully ascertain the viability of scaling.