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Funding
Tender Food raises USD 11 million in Series A funding to bolster production
Plant-based Meat
Jun 17, 2024
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Plant-based Meat

Plant-based Meat

Jun 17, 2024

Tender Food raises USD 11 million in Series A funding to bolster production

Funding

  • Tender Food (formerly Boston Meats), a plant-based meat startup, raised over USD 11 million in Series A funding. Rhapsody Venture Partners led this round, which also included Lowercarbon Capital, Safar Partners, Claridge Partners, and Nor'easter Ventures.

  • The funds will be used to increase production capacity to millions of pounds at Tender Food's new facility while lowering production costs. 

  • Analyst QuickTake: The company's last funding round was in March 2022, when it raised USD 12 million in seed funding. Earlier in June 2024 , Tender Food partnered with Clover Food Lab, a fast-casual restaurant chain based in Boston, to offer its products on Clover's menu. 

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