Lasso: Revolutionizing Food Technology
Boston-based startup Tender Food has rebranded as Lasso and raised $6.5 million to expand its proprietary fiber spinning technology, Lasso SpinTech, 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, exploring new categories such as fruit snacks and pet food.
- Rebranded from Tender Food to Lasso
- Raised $6.5 million in funding
- Expanding Lasso SpinTech beyond alternative meat
Lasso SpinTech leverages centrifugal force to spin food ingredients into fibrous material with a unique texture.
Author's summary: Lasso expands novel spinning tech with $6.5m funding.