Lasso: Revolutionizing Food Technology
Tender Food, a Boston-based startup, has rebranded as Lasso and secured $6.5 million in funding 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.
Lasso SpinTech leverages centrifugal force to spin food ingredients into fibrous material with a unique texture.
- Lasso SpinTech was developed by Kit Parker, Luke MacQueen, Christophe Chantre, and Grant Gonzalez at Harvard University’s Wyss Institute.
This funding follows an $11.5 million Series A announced in summer 2024, demonstrating the company's growth and potential in the food technology industry.
Author's summary: Lasso expands fiber spinning tech with $6.5m funding.