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May 21, 2013 05:11 am GMT
Founders Fund, the firm founded by Peter Thiel and other PayPal executives, famously declared that it wants to back companies with big, ambitious visions (not just dinky web startups). And that description certainly fits Hampton Creek Foods, a startup that wants to move the world from animal-based foods by creating alternatives that are genuinely tastier, healthier, and cheaper.Founder and CEO Josh Tetrick told me that he just closed a $1 million round from the firm. It's Founders Fund's first food tech investment, he said which seems to be true, judging from the portfolio companies listed on the firm's website. Hampton Creek previously raised $2 million from Khosla Ventures.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1kiAI33ax3A/
Founders Fund Backs Its First Food Tech Startup, Hampton Creek Foods, With A $1M Investment
Founders Fund, the firm founded by Peter Thiel and other PayPal executives, famously declared that it wants to back companies with big, ambitious visions (not just dinky web startups). And that description certainly fits Hampton Creek Foods, a startup that wants to move the world from animal-based foods by creating alternatives that are genuinely tastier, healthier, and cheaper.Founder and CEO Josh Tetrick told me that he just closed a $1 million round from the firm. It's Founders Fund's first food tech investment, he said which seems to be true, judging from the portfolio companies listed on the firm's website. Hampton Creek previously raised $2 million from Khosla Ventures.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1kiAI33ax3A/
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