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Generation Food Platform Joins in Series A Financing of New Wave Foods


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Generation Food Platform Joins in Series A Financing of New Wave Foods
Big Idea Ventures, LLCJanuary 14, 2021 GMT
NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) Big Idea Ventures LLC,  the global leader in early stage protein investing, has completed an investment in Stamford, Connecticut-based New Wave Foods®, a plant-based shellfish company. The company is offering a plant-based shrimp ready for restaurants and foodservice operators in 2021.
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This investment was made in partnership with Zandbergen World’s Finest Meat and is part of New Wave Foods’ Series A round of $18 million that was headed by  NEA, one of the leading global venture capital firms. This marks the first investment by Big Idea Ventures for its Generation Food platform, a later-stage platform for companies delivering real solutions to plastic pollution, food waste, CO2 emissions an ....

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