The Live Green Co (TLGC) announced a $7M pre-Series A funding round led by DRADS Capital. The funding will enable the startup to set up new headquarters in the United States.
TLGC is a Chilean foodtech company that makes sustainable, healthy, and additive-free foods. The startup uses AI technology to create suitable plant alternatives to animal, synthetic, and ultra-processed food products on the market.
DRADS Capital is a Boston-based venture fund that focuses on life sciences, biotech, and AI companies. Other investors in the round included Draco Capital, Fondo Alerce Venture Capital, and Noa Capital.
After commercializing various products across Latin America, TLGC now aims to scale quickly and advance into more markets, such as the US, with improved technology and products.
Read more on LABS.