Nutter Represents Cambridge Crops, Inc. in $4 Million Seed FinancingPrint PDF
Nutter served as sole legal advisor to Cambridge Crops, Inc. in connection with its recently announced $4 million seed financing. Led by The Engine, the venture capital firm launched by MIT in 2016 to invest in early-stage Tough Tech companies, the round includes participation from Refactor Capital, Closed Loop Ventures, Bluestein & Associates, SOSV, and Supply Chain Ventures. The legal team was led by Josh Gray in the Corporate and Transactions Department, and included Josh French, Meghan Kelly, and Blake Tyler. Nutter has represented Cambridge Crops since its founding.
Over one-third of the food produced in the world is wasted. Cambridge Crops is pioneering silk-powered technology that is applied to food to slow the exchange of gases that cause decay. This technology enables food producers, food processors, and retailers to extend shelf lives, reach new markets, and reduce waste — and to do it all in a cost-effective manner. Cambridge Crops will use the funding to complete FDA and USDA regulatory milestones, invest in production scale-up, and continue developing meaningful commercial partnerships in the food and agriculture industry. Please click for more information.
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