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A consortium of investors led a $117m Series D round in WayCool Foods & Products.

Synopsis

A consortium of investors led a $117m Series D round in WayCool Foods & Products, an agri-tech company. Investors included LightRock, LightBox, FMO, Lightsmith, IFC, Redwood Equity Partners and Gawa Capital. "We will also deploy the funds to deepen our footprint in our target geographies, adding up to 50 more distribution points over the next 18 months. Finally, we will be investing to create a keiretsu of businesses, who bring complementary capabilities and are aligned to our purpose,” Karthik Jayaraman, WayCool Foods & Products CEO and Co-Founder.

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