Tender Food Rebrands as Lasso
Boston-based Tender Food has rebranded as Lasso and raised $6.5m to expand its novel spinning tech beyond alt-meat.
Lasso has secured $6.5 million in funding, led by Rhapsody Venture Partners, to take its proprietary fiber spinning technology, Lasso SpinTech, into new categories such as fruit snacks and pet food.
- Funding round participants include Safar Partners, Claridge Venture Partners, Rivas Capital, and others.
- The investment follows an $11.5 million Series A announced in summer 2024.
Lasso SpinTech leverages centrifugal force to spin food ingredients into fibrous material with a unique texture.
The technology was developed by Kit Parker, Luke MacQueen, Christophe Chantre, and Grant Gonzalez at Harvard University’s Wyss Institute.
The funding will enable Lasso to launch its own brands utilizing the tech and license it to partners.
Author summary: Lasso expands fiber spinning tech beyond alt-meat sector.