Next Gen Gobbles $100M As Fake Meat Category Grows
When it comes to savory, protein-rich meals, it used to be only carnivores who had a lot of choices. Now, the faux carnivores are catching up.
From Nashville-style hot chicken, to buttery, meaty pot pies, to spicy Asian-fusion tacos, there are plenty of tempting options featuring plant-based proteins.
And those are just the dishes featured by one venture-backed startup: Singapore-based Next Gen Foods, which just announced a $100 million Series A funding round. The investment comes as the company announces its expansion into North America through a network of restaurant partnerships.