Future Positive and L Catterton led a $85m Series C round in NotCo.

Investment firms Future Positive and L Catterton led a $85m Series C round in NotCo, a food-tech company in Latin America. In addition to the funds joining this round, NotCo is also invested by Kaszek Ventures, The Craftory, Bezos Expedition, General Catalyst, Endeavor Catalyst, Indie Bio, Humbolt Capital and Maya Capital, all of which have followed on in this round. "We are pleased to partner with a true disruptor in the food-tech industry. NotCo is pursuing a fundamentally original way of replacing animal-based foods with more sustainable alternatives through the application of food science and innovative technology. By leveraging our experience in ‘better for you’ businesses around the world, and working alongside NotCo’s talented team, we look forward to materializing the company’s successful expansion into the US market," Ramiro Lauzan, L Catterton Partner.