Asia's first industrial insect company, Nutrition Technologies, closes US$20m equity round to launch new products and expand into new markets
Sept 19, 2022
SINGAPORE, Sept. 19, 2022 /PRNewswire/ -- On 19th September 2022 Nutrition Technologies completed an equity venture round of US$ 20m. The round was led by PTT Ventures and supported by Sumitomo Corporation, ING Sustainable Investments, Mandala Capital, as well as continued participation from existing investors: Openspace Ventures, SEEDs Capital and Hera Capital. The round was advised by ING Corporate Finance. The proceeds will be used to fund an expansion into new markets; launch new produc