Horowitz, Breakthrough Energy Ventures and FootPrint Coalition Ventures led a $75m Series B funding round in Nobell Foods.

Horowitz, Breakthrough Energy Ventures and FootPrint Coalition Ventures led a $75m Series B funding round in Nobell Foods, a plant-based cheese company. Additional investors include Unovis, Germin8 Ventures, Fifty Years, AgFunder, Pear VC, GL Ventures, Hillhouse Group and Mission Bay Capital. Magi Richani, Nobell Foods Founder and CEO, and her team at Nobell discovered how to recreate this genetic code in soybean seeds and grow plants that have the same dairy caseins found in animal milks. Today, Nobell can produce more caseins per acre more efficiently, sustainably, and cost effectively than cows. Using proprietary processes, Nobell extracts the caseins and uses them to make delicious cheese. Nobell will use funds from its Series B round to expand its team and farming partnerships, scale production and bring its product to market.