Ex-Beatle McCartney gives a little help to alt-chicken as part of US$100M TiNDLE mega investment
16 Feb 2022 — Under the banner of MPL Ventures, Paul McCartney is part of a US$100 million series A round of funding in Next Gen Foods producer of TiNDLE, a plant-based chicken alternative. This funding round is pegged as the biggest so far for a plant-based meat company demonstrating the evolution of alt-meat and the opportunities to tap into growing appetites for non-animal based food.
Following an earlier round of seed funding of US$30 million, TiNDLE plans to expand its global footprint this year. The new funding will help increase distribution throughout the US and see major expansion of vegan chicken served across US foodservice, particularly “foodie cities” such as California, Los Angeles, New York, Napa, Miami and Philadelphia.
“The US has long been a target market for us and thanks to our lineup of investors who have participated in this funding round; this is only the beginning of our journey in delivering delicious and sustainable foods to reverse our climate crisis,” explains Andre Menezes, CEO and co-founder of Next Gen Foods.
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Source: Ex-Beatle McCartney gives a little help to alt-chicken as part of US$100M TiNDLE mega investment
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