Tech Company Financing Transactions
Enough Funding Round
CPT Capital, World Fund and 280ppm participated in a $43.5 million funding round for Enough. The round closed on 8/21/2023.
Transaction Overview
Company Name
Announced On
8/21/2023
Transaction Type
Venture Equity
Amount
$43,500,000
Round
Undisclosed
Investors
CPT Capital (Lead Investor)
World Fund (Lead Investor)
Proceeds Purpose
The new investment will enable the company to scale up capacity at the factory and grow its teams across its offices in Glasgow, London and at Sas van Gent.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
163 Bath Street
Glasgow, Scotland, G2 4SQ
UK
Glasgow, Scotland, G2 4SQ
UK
Phone
Undisclosed
Website
Email Address
Overview
ENOUGHs purpose to 'make protein sustainable'. Using fermentation to meet future food protein needs is widely recognised as the most effective solution to feed a growing planet. ENOUGH produces ABUNDA® mycoprotein, a complete food ingredient containing all essential amino acids as well as being high in dietary fibre. It is versatile and can be made into alternative/vegan meat, seafood and dairy products. The company will supply ABUNDA as a B2B (business to business) food ingredient to consumer brands and retailers, addressing the need for high scale supply of healthy and sustainable protein to address a rapidly growing market.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Laird
Chief Financial Officer
Elaine Ferguson
Co-Founder
Craig Johnston
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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