Tender Food Rebrands as Lasso
Boston-based Tender Food has rebranded as Lasso and raised $6.5 million to expand its novel spinning technology beyond the alternative meat sector.
The funding round, led by Rhapsody Venture Partners, will enable Lasso to launch its own brands and license the technology to partners, moving into new categories such as fruit snacks and pet food.
- Raised $6.5 million in funding
- Expanding technology beyond alternative meat sector
- Developing new products, including fruit snacks and pet food
Lasso SpinTech leverages centrifugal force to spin food ingredients into fibrous material with a unique texture.
The technology was developed by Kit Parker, Luke MacQueen, Christophe Chantre, and Grant Gonzalez at Harvard University’s Wyss Institute.
Author's summary: Lasso expands tech beyond alt-meat sector.
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