Tender Food Rebrands as Lasso
Boston-based Tender Food has rebranded as Lasso and raised $6.5 million to expand its novel spinning technology beyond the alternative meat sector.
The funding round, led by Rhapsody Venture Partners, will enable Lasso to launch its own brands and license the technology to partners in new categories, including fruit snacks and pet food.
- Investors: Rhapsody Venture Partners, Safar Partners, Claridge Venture Partners, Rivas Capital, and others
- Funding amount: $6.5 million
- Previous funding: $11.5 million Series A in summer 2024
Lasso SpinTech leverages centrifugal force to spin food ingredients into fibrous material with a unique texture.
Developed at Harvard University's Wyss Institute by Kit Parker, Luke MacQueen, Christophe Chantre, and Grant Gonzalez, Lasso SpinTech has the potential to transform various food categories.
Author's summary: Lasso rebrands and raises funds to expand its spinning technology.
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