Japan: Spread raises $30 million to accelerate R&D in berries and alternative meat

Spread Co., Ltd. has secured $30 million (4 billion yen) in a Series A round, which will be used to develop new technologies for its automated Techno Farm Fukuroi *1. Besides that, Spread will also invest in strawberry and alternative meat R&D. Plus, global business development. And the marketing of its sustainable vegetable brand Vegetus. 

The company received investment from multiple business companies and angel investors, whereas this funding round has been claimed to be the 'largest-ever single fundraising in the Japanese food tech scene.'

For more information:
Spread Co., Ltd. 
www.spread.co.jp/en 


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