Lasso: Revolutionizing Food Technology
Boston-based startup Tender Food has rebranded as Lasso, raising $6.5 million to expand its innovative fiber 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 its technology to partners, exploring new categories such as fruit snacks and pet food.
- Rebranded as Lasso, the company aims to take its proprietary fiber spinning technology, Lasso SpinTech, to new heights.
- The technology, developed at Harvard University's Wyss Institute, leverages centrifugal force to create fibrous materials with unique textures.
Lasso SpinTech is a game-changer, and we're excited to see its potential beyond alternative meat.
Lasso's expansion is backed by a strong team, including Kit Parker, Luke MacQueen, Christophe Chantre, and Grant Gonzalez, who developed the technology.
Author's summary: Lasso rebrands and raises $6.5m to expand fiber spinning tech.