Briefing

New School Foods raises US$12M in seed funding

The Toronto-based company is developing a plant-based filet it claims looks and cooks like wild-caught salmon. Lever VC led the round, with Blue Horizon, Hatch, Good Startup, Alwyn Capital and Joyance Partners participating. CEO Chris Bryson told The Logic a significant portion of the funding comes from government grants, but said he could not divulge details until later this month. (The Logic)

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