March 30, 2021 CFSI Staff

New Wave Foods begins offering plant-based shrimp analog to foodservice customers

After garnering USD 18 million (EUR 15 million) in funding earlier this year, New Wave Foods is officially launching its plant-based shrimp analog to North American restaurants and foodservice outlets.

The New York City-based company netted the Series A funding from Tyson Ventures – the venture capital arm of Tyson Foods, Inc. – which first invested in the company in 2019, along with New Enterprise Associates and Evolution VC Partners. On Tuesday, 30 March, it announced it has signed a non-exclusive strategic distribution agreement with Dot Foods, the largest foodservice industry redistributor in North America…

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