Lasso: Formerly Tender Food, Expands Novel Spinning Tech
Boston-based Tender Food has rebranded as Lasso and raised $6.5m to expand its fiber spinning technology beyond the alt-meat sector.
Lasso aims to utilize its proprietary technology, Lasso SpinTech, in new categories such as fruit snacks and pet food.
- The funding round was led by Rhapsody Venture Partners.
- Other participants included Safar Partners, Claridge Venture Partners, and Rivas Capital.
Lasso SpinTech leverages centrifugal force to spin food ingredients into fibrous material with a unique texture.
Authors: Kit Parker, Luke MacQueen, Christophe Chantre, and Grant Gonzalez at Harvard University’s Wyss Institute.
Lasso plans to launch its own brands and license the technology to partners.
Author's summary: Lasso expands tech beyond alt-meat sector.
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