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Industry

General Mills invests in plant-based seafood company Good Catch’s $32M Series B

Source: Business Insider 

General Mills, the company behind popular brands like Cheerios and Yoplait, is betting big on plant-based seafood — this week it was part of a $32 million investment into a startup offering plant-based tuna and plant-based fish burgers.

General Mills’ investment arm, 301 INC, was part of the hefty investment into Good Catch, the no-fish seafood brand from Gathered Foods.

The startup will use the funds to expand across North America, Europe, and Asia, it said in a statement, and hopes to launch new fish-free products this spring.