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Latham & Watkins Advises Plantible Foods in $30M Series B Round

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Posted: 18th November 2024 by
Natalie Sherman
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Latham & Watkins Advises Plantible Foods in $30M Series B Round.

Plantible Foods, a leading technology company focused on leveraging the power of plants to promote human health and environmental sustainability, has successfully closed a US$30 million Series B funding round.

The Series B round was co-led by Piva Capital and Siddhi Capital, both renowned for supporting high-growth companies in the sustainable food tech sector.

The round also attracted new strategic investors, including Betagro Ventures, which brings deep expertise in food production, and Cultivate Next, the venture arm of Chipotle Mexican Grill, known for its focus on sustainability and innovation in food. Existing investor Astanor Ventures also participated, underscoring continued support for Plantible Foods' mission.

Nourish Ventures, the venture arm of Griffith Foods, also participated in the funding round, underscoring the growing interest in supporting companies that focus on health-conscious and sustainable food solutions.

These investors share Plantible Foods' vision of creating a more sustainable, healthy food system that benefits both people and the planet.

Latham & Watkins LLP advised Plantible Foods in this funding round, with an Emerging Companies & Growth team led by New York partner Eli Curi, and associates Galina Vujovic and Tess Winston.

Latham & Watkins LLP is a leading global law firm known for its expertise in corporate, litigation, and transactional law. With over 2,000 attorneys in 14 countries, the firm advises clients across a wide range of industries, including technology, healthcare, finance, and energy. Founded in 1934, Latham & Watkins is renowned for its work with emerging companies, offering legal solutions for startups and growth-stage businesses. The firm’s Emerging Companies & Growth team helps navigate complex legal matters related to business formation, financing, and scaling, making it a trusted partner for innovative companies worldwide.

 

Related: Latham & Watkins Advises Evertec on Acquisition of GranData

 

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